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

Nurse Practitioners in Business

Ensure Payroll Tax Compliance: If you have employees, make sure payroll taxes (Social Security, Medicare, and unemployment taxes) are withheld and remitted. Software & Subscriptions: Monthly fees for EHR systems, telehealth platforms, or continuing education memberships should be recorded.

Business 286
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Record-Keeping Beyond Charts

Nurse Practitioners in Business

Administrative and Business Records This category includes your practices foundational paperwork: Business & professional licenses Continuing education documents Tax IDs Federal registrations Vendor and lease agreements Malpractice insurance records Credentialing records Collaborative agreements Etc.

HIPAA 195
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The Rise of Malpractice Claims Against NPs

Daily Nurse

Centers for Medicare and Medicaid Services. Why have malpractice claims – in terms of the amount of money awarded – been increasing? What can NPs do to protect themselves from malpractice claims? Many older Americans receive care from aging services facilities across the United States. percent of licensed NPs in the U.S.

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Starting A Practice: Questions Every Nurse Practitioner Should Ask

Nurse Practitioners in Business

Are you willing to learn and educate yourself about business ? Navigating the credentialing process in a timely manne r so you can accept commercial insurance and Medicare/Medicaid. Deciding what types of insurance (malpractice, liability, property) you need and how to choose the proper coverage.

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How to Become a Nurse Practitioner and Open Your Own Practice

Scrubs

In addition to being the best minimum education requirement for working as a nurse, making you a more competitive candidate for available nursing positions and qualifying you for the highest entry-level pay, a BSN is absolutely required by graduate-level nurse practitioner programs.

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Top Healthcare Career Resources Blogs of 2021

Hospital Recruiting | Nursing

RVUs or Relative Value Units are part of the formula Medicare uses to quantify the complexity of work and expense a practice generates seeing patients. RVUs account for three things: 1) expenses to the practice, 2) the actual work being performed by the provider, and 3) the cost of malpractice (the smallest component).

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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? Educational Events or Support Groups Offer paid workshops, classes, or community events. Are other practices close by offering the same services? Would you need additional coverage?