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The First Year: What to Expect When Running a New Nurse Practitioner Practice

Nurse Practitioners in Business

Youve taken the bold step of starting your own nurse practitioner (NP) practice. This is an exciting milestone, but lets face ityour first year in business is going to be a whirlwind. Market online using social media and Google My Business. HIPAA Compliance: Ensure patient records are secure and private.

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Record-Keeping Beyond Charts

Nurse Practitioners in Business

HIPAA-related documents, such as privacy notices and release-of-information forms, also fall under this category. Financial Records Every business is required to track and record all income and expenses. HIPAA Documentation Keep signed patient acknowledgments of your Notice of Privacy Practices. By Johanna Hofmann, MBA, MAc.,

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What Is A Clearing House & Do You Need One?

Nurse Practitioners in Business

Secure Data Exchange Clearinghouses help ensure data transmission complies with HIPAA security standards , which is essential when handling sensitive patient and billing information. Clearinghouses provide a streamlined process and ensure HIPAA compliance. appeared first on Nurse Practitioners in Business.

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Leasing Office Space for Your NP Practice

Nurse Practitioners in Business

Lease Term and Renewal Options Ideally, the lease term (the length of the agreement) would align with your business plans. Be cautious of long leases without early termination clauses, especially if your business model is still evolving. Consider how long you want to commit to the space. Can you display exterior signage?

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HIPAA: What You Can and Can’t Disclose

Nurse Practitioners in Business

HIPAA, the Health Insurance Portability and Accountability Act, has been around since 1996. Specific organizations and individuals, referred to as “Covered Entities,” are subject to the Privacy Rules and include healthcare providers, health plans, healthcare clearing houses, and business associates.

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Professional Wills: What Happens if You Die?

Nurse Practitioners in Business

Whether you’re a Nurse Practitioner, therapist, or other professional, if you operate independently or run a small practice, you have a responsibility to plan for your loved ones and your patients. In some cases, what happens to the business may be pre-defined. in the event of incapacity, disability, or death of the owner.

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HIPAA Violations and Small Practices

Nurse Practitioners in Business

Small practices are at risk for HIPAA violations. HIPAA, aka the Healthcare Insurance Portability and Accountability Act, requires providers and healthcare organizations to protect patient health information. Check out the Nurse Practitioners in Business Facebook Group Become a Member of the NPBO Ready to start your own practice?