As an independent NP, it may be a while before you have the means to hire support staff such as a manager or a billing specialist. Managing claims yourself is a steep learning curve that raises many questions about coding, including some concerning common CPT...
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Using Patient Reports to Improve Patient Outcomes and Practice Success
As an NP business owner dedicated to exceptional patient experience, EHR-generated patient reports can provide valuable insights into patient care. Today, healthcare analytics is no longer just for large organizations and systems— practices of every size and specialty...
Small Business Planning for Nurse Practitioners: Preparing for the New Year
As an independent nurse practitioner you are a lifelong learner, including the many lessons you’ll learn as you establish and run your own practice. These valuable lessons from the previous year can carry over to next year’s planning. The close of the year is a good...
5 Ways to Grow Your Patient Panel as a NP Business Owner
One of the most common questions that we’ve heard from nurse practitioner entrepreneurs considering private practice is “How do I establish and grow a patient panel?” This challenge can bring your nurse practitioner entrepreneur ideas to a halt if you haven’t...
How to Start Your Own Medical Practice: 10 First Steps
When considering how to open a medical private practice it can be difficult to determine where to start. Owning your own practice comes with any number of unknowns. Partnering with an experienced business consultant, specifically, one that is familiar with business...
Electronic Health Record (EHR) and Nurse Practitioner Billing: Implementing Interoperability
Private practice EHR selection and implementation can be a significant challenge for the NP entrepreneur. Not only does EHR documentation play a critical role in tracking and improving patient health, but it also has a direct impact on how to bill insurance...
Nurse Practitioner Business Plan: Turning Your Vision into Reality
As you begin to pursue your goal of becoming a nurse practitioner business owner, start by gathering the many thoughts and ideas that you may have. This will be the foundation of your nurse practitioner business plan. An NP business plan will be essential to...
The Benefits of Full-Time Independent Practice
As a prospective nurse practitioner business owner there are many decisions to be made, including the amount of time you intend to dedicate to working within your independent practice. In today’s side-gig economy it is not unusual to see part-time,...