Oct 30, 2023 | Firm Updates, News Brief
Sooner or later, a growing medical practice will need to take on another associate or partner to support that growth and keep the practice profitable long term. The risk, of course, is that you pick the wrong person and end up throwing a wrench into the works. Here...
Oct 30, 2023 | Firm Updates, News Brief
Over the past few years, as a result of the COVID-19 pandemic as well as other developments in the medical arena, practices have increasingly relied on technology. This includes the much wider use of telehealth as well as electronic health records (EHR), online...
Oct 30, 2023 | Firm Updates, News Brief
In a volatile economic environment where every dollar counts, your medical practice’s leadership needs to know the distinction between traditional tax deductions and depreciation-related tax breaks. For instance, a medical practice can take an immediate deduction for...
Oct 30, 2023 | Firm Updates, News Brief
In the face of constant reimbursement headwinds, efficient and effective fiscal policies are vital to prevent revenue leakage in your medical practice. Here are five keys to tightening up your business practices. Develop a solid cash flow system – Do you...
Aug 2, 2023 | Firm Updates, News Brief
The world is constantly changing, and it is up to each individual organization to adapt and continue thriving. The last few years have been challenging, from a worldwide pandemic to now a looming recession. Risk management and awareness of options are more important...
Aug 2, 2023 | Firm Updates, News Brief
In the digital era, nonprofit organizations increasingly turn to AI technologies to enhance their planning and fundraising efforts. ChatGPT, an AI-powered chatbot, offers unique advantages, opportunities, and considerations for nonprofits in these areas. This article...
