Expert advice and thoughts on best practices, professional obligations and clinical practice tools, that have an impact in managing and growing an independent practice.
As a small business owner, it’s important to understand the ways you can take advantage of tax breaks and deductions to reduce your tax liability. You’ll want to keep good records and don’t be afraid to ask for help from experts when you don’t know how to file your taxes. When you think of business expenses, the most common ones are rent, internet, utilities, and insurance, but there are countless examples of miscellaneous expenses that can be written-off as well.
Providing excellent client care is a large part of running a successful business, but there’s also a lot of other factors that go into it. We’ve designed these productivity steps to help you create a practice that gets more done in less time, with less stress.
If you go into facilities to provide direct care (e.g. foot care), you will need to think about how you will document before your visit.
As regulated professionals, solo practitioners are directly accountable to clients. It is imperative to develop and maintain policies and procedures based on evidence, best practice guidelines, Professional standards and practice standards.
Let’s assume that you have been documenting all patient records on paper and now want to change to paper-free.
Your question might be:
I have been using paper charting for my independent practice, but I’m considering going paper-free and using electronic charting Is this allowed?
Loyal clients are one of your most valuable assets
Ongoing care of an existing client is much more efficient than chasing down new clients. Loyal clients and their loyal families will lead to more work by word of mouth referrals. In fact, the more clients you obtain by referral, the smaller your marketing budget can be.
As we say goodbye to 2020 and its unique challenges, at CompanyOn we want to share with our amazing community of solo practitioners 7 resolutions to increase efficiencies and incorporate best practice with your business in 2021.
Whenever someone needs a nurse, in most cases, they ask family, friends, neighbours and clinic staff for recommendations. They want a nurse who they can trust and who they know is professional.
When you run a business from your home, your work area is subject to costs such as utilities, home maintenance, mortgage interest, and property taxes. The CRA considers these business uses of home expenses and allows you to deduct them from your income taxes.
No-shows are a reality for most practices, especially in the beginning. However, knowing how to decrease no-shows is key to maintaining growth and staying ahead of the curve.
An effective invoice management system is one that helps you stay organized with accurate and timely invoicing. It not only improves the profitability of your business by also your customer service. Following are tips to improve your invoicing processing system
When you’re trying to get your business off the ground, there’s nothing more frustrating than getting in a bind and not knowing where to turn. Filling out invoices and other forms on your own can be laborious and time-consuming.
Best Practices On The Use, Storage, Retention & Disposal of Clients Personal Information
Due to the nature of the healthcare industry, we will all have access to personal details of the people we help. It is vital that these details are utilized, stored and disposed of in a manner that is respectful to the client and complies with government directives and guidelines.
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