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Record-Keeping Beyond Charts

Nurse Practitioners in Business

Financial Records Every business is required to track and record all income and expenses. Maintain records of Breach Notification Policies, Business Associate Agreements, and Access Logs (if applicable). Business financial & tax records for 7 years (check current IRS rules). Record Retention: How Long is Long Enough?

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Don’t Let Tax Season Sneak Up: Use This Checklist

Nurse Practitioners in Business

People and businesses get ready to file their yearly income tax. While business filing dates can vary with the choice of business structure and date of formation, most small business owners file their business taxes when they file their personal tax returns. The tax season is moving into full swing.

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Is Nurse Midwifery the Right Pathway for You?

Registered Nursing

Private Practice: Entrepreneurial opportunity with maximum autonomy, ability to shape your clinical approach, and potential for higher earningsbalanced against business management responsibilities and irregular hours.

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Is Your Practice Ready for Growth?

Nurse Practitioners in Business

Many NP business owners seek ways to grow their practices, not only by seeing more patients, but also by diversifying their revenue streams beyond traditional patient visits. Scope of Practice, Licensing, Malpractice Is the service within your scope of practice? How would it impact your malpractice coverage?

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Business Structures: What You Must Know…

Nurse Practitioners in Business

Choosing the correct business entity is one of the most critical decisions when starting a practice, but you dont want to rush it. So now, lets break down whats involved in choosing a legal structure or business entity. But first What Is a Business Structure or Entity? In the event a business owner dies, the business ends.

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Professional Wills: What Happens if You Die?

Nurse Practitioners in Business

In some cases, what happens to the business may be pre-defined. For example, a business organized as a sole proprietorship is automatically dissolved when the owner dies, whereas corporations continue. These rules, however, cover only the aspect of business continuation. Who Needs a Professional Will?

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NPs and Professional Liability Insurance: Getting it Right

Nurse Practitioners in Business

Professional liability insurance, also known as malpractice insurance, is a crucial component of protecting nurse practitioners (NPs) in their practice. Whether you’re a business owner or employed by someone else, having your own policy is essential. rise in total claims.