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Key Considerations When Purchasing a Practice

Nurse Practitioners in Business

Some of the things mentioned in the podcast include: Financial assessment Legal Considerations Employees Practice valuation Payer mix Compliance and so much more. Topic Resources Cost Per Patient and Payer Mix Susan Montana Don Self Associates More Resources Catch up on all the NP Business Matters podcasts here.

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Do You Worry About Getting Audited?

Nurse Practitioners in Business

You may have experienced this from payers looking at patient medical records to verify that you did the work you said you would. But it’s not the only reason payers may look at clinical documentation. Not only did this idea come from providers, but from management as well. Clinical documentation audits.

Business 370
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Success Tips from NP Business Owners

Nurse Practitioners in Business

Topic Resources Start your practice with a Framework The Beginner’s Guide to Reading & Understanding Financial Statements Knowing Your Numbers: Payer Mix and Cost per Patient The Dark Side of Medicare Advantage Plans A Marketing Checklist More Resources Catch up on all the NP Business Matters podcasts here.

Business 221
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Are you really an Independent Contractor?

Nurse Practitioners in Business

If you’re free from oversight in your work from the payer (not talking about your collaborator here), you tick this box. Enter the ABC Test Moving on, there’s another metric known as the ABC test. Let’s break it down: A is about autonomy. B dives into the nature of your work.

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Top 5 Needs Solved by Working with a CVO | symplr

Symplr

Could their time be better spent on tasks other than provider applications, primary source verification (PSV), and payer enrollment? How do you gauge where your staff should spend most of their time when credentialing providers? This is a dilemma that credentialing leaders face as volume increases, but staff size does not.

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The Importance of Interoperability Rules Compliance For Payers, Providers | symplr

Symplr

Fewer errors, improved safety, lower costs, better productivity: These are the promises of interoperability in any industry. Interoperability generally refers to setting up two or more systems to exchange data—and in healthcare, there are an incredible number of systems in play.

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Urgency in Modernizing Credentialing and Provider Data Management | symplr

Symplr

It ensures compliance with regulations, safeguarding patient welfare, and mitigating legal risks for both payers and providers. Physician credentialing stands as a cornerstone of healthcare operations; however, it is often taken for granted by other departments.

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