Have you ever asked your team a question during a meeting and received nothing but blank stares? As an owner of a medical practice, you’re busy treating patients and running the practice, you need to have self-motivated people in place to produce the best results. You...
Let’s talk medical practice finances… As a practice owner, how do YOU define success? Of course, your answer may take on many different forms… and the definition of “success” will vary greatly by practitioner – feelings of accomplishment, making a...
Think about the medical practice debt your operation is carrying. Now think about YOUR quality of life…are you debt stressed? Starting a practice is expensive; the machinery, furniture, building improvements, and supplies, could run into the millions. Typically, a...
Here’s what you need to know about the new W-4 Form If you manage payroll for your medical practice (or any business for that matter), you’ll want to take note. The IRS has released a new W-4 form for 2020! What’s New About the 2020 “New W-4 Form”? The new...
What is TXPMP and why do we have to use it? Beginning March 1, 2020, pharmacists and prescribers (other than a veterinarian) will be required to check the patient’s TXPMP history before dispensing or prescribing opioids, benzodiazepines, barbiturates, or carisoprodol....
If a business owner said to you that they run their business without a budget, what would you think? You’d think they were incompetent. Or perhaps lazy? Or both? But what do most families do? When you think about it, a family is actually a mini business. There is...
