There are many medical practices today that find a large portion of their patients are coming to them with workplace injuries. If you own or operate an ambulatory surgery practice, a chiropractic practice, physical therapy facility, orthopedic surgery practice or another medical facility, you likely see many patients today that have been hurt while on the job.
Your medical practice has turned out to be everything you always hoped it would be when you started it. You have a steady flow of patients each day, a staff that you can count on and rely on, and a good location that suits your needs. One thing you have noticed, however, is that as your practice has grown,
As great as it is when you see your practice start to grow, you may find quickly that you were not quite prepared for the explosion that you see. While the goal is always to increase the number of patients so you can supply proper care and establish your practice when you have more patients than you may have been prepared for,
You have spent years building up your medical business so that it can be successful and provide needed services to your local community. While you have worked hard to get everything to this point, you may find that in recent years you have been having trouble with cash flow and financing. Changes that have occurred in the healthcare industry regarding the laws,
Having your own medical business has always been a dream of yours, ever since the early days of going to medical school. Now that you have undertaken a practice of your own and has the responsibility of running a business is, maintaining employees and keeping up with your medical duties, you may find that it can all be a bit overwhelming.
When you first started your medical business, while your initial steps may have been small, you always want to think about the big picture down the road. Ideally, you want to have expansion in mind even when you are starting out small because the hope is always there that your practice will grow with each passing year.
You started your medical business expansion years ago with the hope of not only serving your community well and providing the help that is needed, but with the hope of making a good living for yourself. You have seen your business grow and prosper, but you find that you are still at the same location that you originally started at and things are starting to get a little bit tight.
Having any type of medical business in the world today can be quite challenging. With all of the changes that have taken place in the healthcare industry over the last several years, it can make running any type of medical business difficult for you. Payments now can take longer than ever before for you to receive from insurance companies or government agencies.
If you are managing a clinic, hospital, or are in charge of your own medical business, you are well aware of the challenges that are faced today. It can be more and more difficult for you to get all of the payments that you are due in any type of timely manner, particularly when you are dealing with insurance companies or government agencies.
Depending on the nature of your particular medical practice or business, you may see up to or over 100 patients a day. This means you are likely processing just as many insurance claims, forms with government agencies and others for payments for the services that you provide to the public. If you are doing all of this each day,