Smart purchasing decisions help a medical practice run more efficiently, improve the practice's bottom line, and make your job easier. But what should you include in purchasing contracts and lease agreements? As important, how do you negotiate the best possible deal for the practice? Determining requirements Before you solicit bids or attempt to negotiate a contract, … [Read more...] about How to negotiate the best possible purchasing agreements
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5 purchasing tips that can save money for your medical practice
Cutting purchasing costs doesn't have to be difficult. Here are five approaches to purchasing your medical practice should consider. 1 Join other offices and take advantage of group discounts. Because the group represents a lot of business, it can tell a vendor it will use it exclusively in exchange for an overall, sizeable discount. The group can also get individual … [Read more...] about 5 purchasing tips that can save money for your medical practice
5 proven tips to manage purchasing and inventory more effectively
Medical supplies are essential to the practice, so you must keep sufficient quantities on hand. Sounds simple to someone on the outside looking in, right? But, as you know, it’s not. Financial constraints have physicians questioning every expenditure – and because many items have expiration dates you don’t want to over order. What’s a conscientious … [Read more...] about 5 proven tips to manage purchasing and inventory more effectively
Purchasing decisions
Editor's picks: 5 purchasing tips that can save money for your medical practice Don't put your vendor contracts on auto-pilot How to choose the electronic medical records vendor that's right for you … [Read more...] about Purchasing decisions
9 things to know about billing software
The large majority of medical offices use billing software. If you haven't made the leap to billing software yet, or if you are shopping for a new software vendor, here are things to know. With billing software, you can automate the entire billing process, from sending out invoices to processing payments. This can save you a lot of time and reduce the risk of errors. This … [Read more...] about 9 things to know about billing software
21 easy ways to boost practice profitability fast
Simple changes to billing procedures, hiring policies, purchasing, patient relations, and other daily activities can have a positive impact on your practice's bottom line. Here are 21 ways you can quickly boost practice profitability. 1. Name a reimbursement coordinator To get all the reimbursement possible, hire or appoint someone to be a reimbursement coordinator. It … [Read more...] about 21 easy ways to boost practice profitability fast
How to make your medical office a little greener
In today's world, environmental sustainability is not just a buzzword; it's a responsibility that every industry must shoulder, including healthcare. Medical offices play a vital role in the well-being of patients, but they also have a significant impact on the environment. As a medical office manager, you have the power to lead the charge in reducing your office's … [Read more...] about How to make your medical office a little greener
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5 ways to help your staff cope with inflation
By Paul Edwards CEO, CEDR Solutions Inflation is on everyone’s minds right now, and understandably so. Most Americans are aware that the purchasing power of a dollar is always decreasing to some degree, but rarely does the rise in the cost of living have such a powerful impact on our daily lives or feature so prominently in the public discourse. As you may already know, … [Read more...] about 5 ways to help your staff cope with inflation