Starting any business is no simple matter. Opening a medical or
dental practice is no exception. As entrepreneurs such as Brendan Wetzel are
well aware, there are many legal and financial complications to consider before
you can start welcoming in clients or patients. One of the most important
decisions you must make from the get-go is which legal structure your business
will take. A good way to narrow down your options is to ask yourself a few key
Do You Have Partners?
The organization your business takes may be very different
depending on whether you are working alone or have partners. If you will be
working alongside one or more other health care providers, you may wish to
consider forming a general, limited or limited liability partnership.
A general partnership gives all of the partner’s decision-making
power within the business, but it also leads to personal liability for each. …
Running a medical office is a big responsibility. Attention to
detail is imperative, but with the sheer volume of cases many medical offices
and departments manage, most benefit by using one or more methodologies to
improve organization. Here are three ways to increase efficiency in your
1. Take advantage of modern technology.
Today’s medical departments can take advantage of many different
tools and software programs to help manage heavy caseloads with ease. For
example, advanced databases make recordkeeping fast and allow for easy updates.
Inspecting your machinery regularly is also recommended, as a charge review can help you
find outdated coding that costs time and money.
2. Set up regular employee meetings.
Organizing regular meetings for your office
staff is a great way to make sure everyone feels comfortable in their roles and
understands office priorities and policies. Such meetings give people the
chance to ask questions about …