The Shortage of Healthcare Providers
As the owner of multiple healthcare businesses and the Director of Provider Relations and Recruiting for an MSO with nearly 40 clinics and over 70 providers, I’ve witnessed firsthand the increasing challenge of a healthc
Understanding Key Business Metrics for Healthcare Professionals
Introduction Understanding key business metrics is crucial for healthcare professionals to ensure the success of their practice. This includes balancing patient care with business acumen.
Conquering Chaos: Practical Solutions for Running Health Care Businesses
This blog post, titled "Conquering Chaos: Practical Solutions for Running a Health Care Business," was my way to vent after reading my mail.
Private Equity in Healthcare: Transforming the Landscape
Understanding Private Equity Private equity (PE) involves investment firms acquiring equity ownership in companies, often using a combination of their own funds and borrowed capital.
Understanding the Implications of the New Federal Law Requiring Small Businesses to Register with the US Department of Treasury
The Corporate Transparency Act (CTA), which came into effect on January 1, 2024 is a groundbreaking legislation that mandates that small businesses disclose crucial information about their beneficial owners to the Treasu
Investors interests in the healthcare market
Few investments are becoming as attractive as the healthcare market for investors.
SBA Extends Application Deadline for COVID-19 Economic Injury Disaster Loan Program
The Small Business Administration (SBA) has extended their deadline to apply for a COVID-19 pandemic Economic Injury Disaster Loan to December 31, 2021.
Is your Practice in the ICU?
Is your current patient volume less than 40% of what used to be? Has your gross income been reduced by 30% or more? Are you wondering how are you going to be able to pay your monthly bills? If the answer to any of these
Healthcare Business Priorities
We are constantly doing research and applying the same towards what we should be doing to prepare. In a way we consider this effort and the product of the same our “Healthcare Business Priorities”.
Marketing and Healthcare
There are different views as we discuss marketing activities in the healthcare arena.
Increasing Revenues in the Healthcare Arena
“We live in interesting times.” “It is the Wild West out there.” “Change equals opportunity.” I have heard all of these before and I keep hearing them as it relates to healthcare business.
Starting a new business
Quite often we encounter entrepreneurs with ideas about starting a business or expanding their current business. Some of them have an idea of what they want to do but don’t know how to do it.
Executive Plans
Executive plan is the term used to encompass pay and benefit packages used to attract and retain the talent your business requires, it also effectively encompasses a strategy to use your financial assets in a creative wa
ICD-10 Update
ICD 10 transition Time flies and while we in the healthcare business would like to look at it as Business as usual the reality is that this will not be the case.
Marketing 101
Our society has changed and with it the need for marketing and the tools to effectively reach your desired customers.
Business 101
Everyone should be reminded from time to time of the basics that make a business successful.
Is this the end of Private Practice?
Patient check-in, collecting vital signs and simply taking care of patients Have you heard this old song; Independent Practices will not survive these changes!! I actually have been hearing this same song and dance for a
What’s on your mind today?
I was doing my social network marketing due diligence in the morning and the basic question in Facebook hit me; what’s on your mind today? The basic answer is Healthcare Reform.
By the numbers
The actual healthcare arena is ever changing and the best way to assess the future of this business is by using the available information as a data gathering exercise to determine which path to follow.
Advice for Health Care Professionals
As the year ends everyone should take this opportunity to think about the future and where do they want their business to be by this time next year. Hence, why not start with a simple checklist: 1.
Healthcare Reform by Dr. Jose Delgado
The reality of the present healthcare environment is one of change and opportunities. While I consider life a rollercoaster, healthcare business is the ultimate ride.
Starting a Practice and Surviving
In my years as a consultant I have faced many professionals with great ideas about new businesses and I found that there are two commonalities on every opportunity; money and customers.