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5 Risk Control Considerations as Nurse Practitioners’ Scope of Practice Expands

Minority Nurse

Driven by the need for increased access to care and the demand for more healthcare providers, recent legislative changes now allow nurse practitioners (NPs) in certain jurisdictions to perform a broader range of services, including diagnosing and treating patients independently. of claims in 2017 to 37.1%

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

Nurse Practitioners in Business

Now, lets go through the checklist #1 Gather Essential Business Documents While this is an essential step, it may take the longest. Make sure you have all the necessary financial documents in one place. Below are the business documents you may need to prepare your return. Retain copies of all tax documents in case of an audit.

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Record-Keeping Beyond Charts

Nurse Practitioners in Business

And even though medical records are central to any practice, other documents must also be managed. Every aspect of your practice generates records that must be organized, protected, and retained for specific periods, including financial and employee records, vendor contracts, and OSHA documentation.

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Is Your Practice Ready for Growth?

Nurse Practitioners in Business

Scope of Practice, Licensing, Malpractice Is the service within your scope of practice? How would it impact your malpractice coverage? Improve Coding Accuracy and Documentation If your billing is in-house, you can boost revenue by ensuring that coding accurately reflects the complexity of care you provide.

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Professional Wills: What Happens if You Die?

Nurse Practitioners in Business

A professional will is an important, but often overlooked, document. 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. appeared first on Nurse Practitioners in Business.

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Business Structures: What You Must Know…

Nurse Practitioners in Business

However, compared to the general partnership, the LLP offers liability protection for all partners, meaning that individual partners are not personally liable for the malpractice or negligence of other partners. Please verify the information in the document before making decisions based on it.

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The Rise of Malpractice Claims Against NPs

Daily Nurse

According to “The 2022 Nurse Practitioner Professional Liability Exposure Claim Report: 5th Edition,” claims again nurse practitioners (NPs) are rising. To find out what this means and what NPs can do about it, Daily Nurse interviewed Georgia Reiner, MS, CPHRM, Risk Analyst, Nurses Service Organization (NSO).