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....
Most people will quite literally earn millions of dollars in their lifetime. Yet many people struggle financially and live from one pay period to the next. With the aging population and many Baby Boomers now continuing to work—at least on a part-time basis—past the...