Fresh Perspective for today's healthcare professionals
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Looking for financing? I have some good news and bad news. The good news is that you have options. Almost 10 years on from the Great Recession of 2008-2009, credit markets are flushed with capital and there are plenty of people and firms looking to lend money to businesses, both big and small. Which brings
Cash flow problems are common in medical practice startups. The financial strain and stress caused by cash flow issues can take away from your long-term goals and vision for your practice, and can also compromise your patient care and day-to-day processes. Don’t let a cash-flow crunch put your practice at risk. The following tips can
Let’s face it: A business can’t exist without money. Continuous cash flow—or cash equivalents—can guarantee ongoing business operations. A steady income means you can pay your bills, make smart business investments and plan for future growth. Without it, a practice’s outlook is pretty dismal at best. Doctors’ finances need to be almost as much of
As anyone who runs a medical practice, a dental practice or any sort of small business knows, profitability is important but cash flow is key. Medical and dental practices exist in an arena where receivables can be an issue, especially when insurance or governmental reimbursement comes into play. A practice that looks profitable may or