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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. Congratulations! Offer promotions for new patients (e.g.,

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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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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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When “Easy Money” Leads to Career-Ending Mistakes

Nurse Practitioners in Business

But what hits me the hardest is when I see a fellow Nurse Practitioner on that list, especially when it’s someone I know. Healthcare fraud is big business… In the majority of cases, it’s not the providers committing the fraud initially, but other parties. Recently, I read about an NP I once consulted with. No, it is not!

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Specialist or Generalist: Which is Right for You?

Nurse Practitioners in Business

A Nurse Practitioner may start a primary care practice and work with everyone coming to the clinic, while another may decide to see patients only within an area of focus. Check with your state licensing board and applicable laws and regulations before deciding whether to specialize. By Johanna Hofmann, MBA, MAc.,

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Nurse Practitioner vs. Doctor: Key Differences Explained

University of St. Augustine for Health Sciences

Nurse practitioners (NPs) and medical doctors (MDs) spend their days making a difference in people’s lives. The main difference between a nurse practitioner and doctor is that NPs undergo less training than MDs —so their responsibilities differ. What is a Nurse Practitioner? What Do Nurse Practitioners Do?

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Upsells in Healthcare: Ethical, Legal, Risky?

Nurse Practitioners in Business

As an NP in private practice, youre balancing patient care with operating a business. All business owners are looking for ways to increase income and boost the bottom line. State Licensing and Ethics Rules: Many state nursing boards and medical ethics guidelines have strict rules about commercial influences in patient care.