Fresh Perspective for today’s healthcare professionals
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“There’s no time to waste.” To a healthcare professional, there are few sayings that ring so true. Trying to maximize each day’s time to care for patients, lead staff and manage a practice can be extremely challenging. Patient care undoubtedly tops the priority list for most healthcare professionals. After all, that’s what they were trained
When looking to start a new business, acquire an existing business or to merge your existing business with another firm there are many factors and some red flags to take into consideration before moving forward. This is just as true with a medical practice startup as it is with any other type of business. Starting
At Bankers Healthcare Group we understand that healthcare professionals are engaged in business—that you receive payments for services, perform transactions with vendors, meet payroll obligations, etc.—in the course of long days spent as doctors, veterinarians, dentists, pharmacists, physician assistants, nurse practitioners, physical therapists and other medical specialties. But we are also aware of the many
Most of us have experienced unexpected events that derail plans, shift priorities and cause us to rearrange our lives and schedules. During these times, we may reach out to family and friends for support and understanding. In business, events as devastating as an earthquake or as persistent as slow insurance reimbursements can affect your ability
If you are a healthcare professional or medical practice owner, you may feel overwhelmed by the concept of big data, and the many categories included: electronic health records, medical images, genetics and genomics, clinical trials, insurance claims, costs, wearable devices, even social media patterns. You may also wonder what this conglomeration of data has to
By now you’ve heard about millennials, especially if you are part of this demographic group—the largest new generation to tackle the productive decades of life, when important economic and social contributions are made to our society. Millennials were born between 1982 and 2000, and numbered 83.1 million in 2015 according to the U.S. Census Bureau.
When it comes to the future success of your healthcare practice, attracting and retaining patients is critical to ensuring long-term viability. So how do new patients find you? They may have heard about the quality of the healthcare services you provide from friends or family members. Colleagues from other specialties, or those who know about
Like many people you may encounter situations in which you need access to cash fairly quickly. You’re wondering if you might need to prematurely tap into your 401(k) retirement plan, Traditional (Pre-Tax) IRA or Roth IRA funds or perhaps you should consider other means of financing? Steven Dippolito, CPA from Grossman St. Amour Certified Public
The traditional lending system has weaknesses that set Bankers Healthcare Group apart from the rest. For more on the BHG difference and why over 96% of our customers prefer us to a traditional lender, click here.
As a physician your main concern is for the care and well-being of your patients. However, being a doctor is also the source of your livelihood. If you are the sole owner of your practice or a partner in a medical group, you are a business owner and a manager. One of the responsibilities that