Remove Malpractice Remove Nurse Practitioner Remove Practice Management
article thumbnail

How to Reduce Staffing Costs in Your NP Practice

Nurse Practitioners in Business

Here are the top three expense categories typically seen in a small practice: Employee expenses: payroll, benefits, taxes Rent & Utilities: office space & water, gas, electricity, internet Insurance: medical malpractice, general liability, property, workers compensation, and other types of coverage.

article thumbnail

Building an Emergency Fund for Your Practice

Nurse Practitioners in Business

“ The post Building an Emergency Fund for Your Practice appeared first on Nurse Practitioners in Business. Join the conversation, leave your comment below By Johanna Hofmann, MBA, MAc., EAMP; regular contributor to the NPBusiness blog and author of Smart Business Planning for Clinicians.

Business 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. By Johanna Hofmann, MBA, MAc.,

HIPAA 195
article thumbnail

Professional Wills: What Happens if You Die?

Nurse Practitioners in Business

It outlines how your practice should be managed in the event of your incapacity, disability, or death. 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.

Business 195