Even though you are a Nurse Practitioner in your own practice, you didn’t go into healthcare because you love spreadsheets, financial statements, or business jargon. You got into healthcare to help people, to make a difference. But once you operate your own practice, you quickly learn that business jargon and finances are no longer optional. Read More
You’ve probably heard the phrase “Cash is King.” What does that mean for your Nurse Practitioner (NP) practice? If you’re bringing in plenty of revenue, that should mean your practice is financially healthy, right? Well, not necessarily. Many business owners falsely assume their business is doing well if they bring in lots of money. And Read More
No, it’s not a trick question! While most of us think we know the difference between the two concepts, do we? And do we realize how confusing the terms might affect our bottom line? Because frequently, the two terms get used interchangeably. People mix them up and use them without qualifying what they represent! And Read More
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