Tackle the Minimum Wage Problem by Reducing Costs
If you’ve been keeping up with our content on how to effectively tackle the minimum wage problem as a business owner, then you’ve already learned quite a bit. In previous articles, the options of hiring employees who live in other states, outsourcing offshore employees, and increasing costs in specific ways have been discussed; implementing one…
Tackle the Minimum Wage Problem by Raising Prices
If you’re a business owner and you’ve read our other articles on tackling the minimum wage problem, then you are aware that hiring remote employees from other states and outsourcing your employees can help your business stay afloat. These options may not be realistic for you right now or they simply might not be how…
Tackle the Minimum Wage Problem by Outsourcing Employees
Now that the economy is finally on the mend after the never-ending pandemic slump, it is now time for businesses to pick themselves back up by their bootstraps and start making money again. And they are. Employees are physically going back into the office, people are hustling and bustling to and from their jobs, and…
Recouping Accelerated and Advance Medicare Payments Will Start This Month
As part of its response to the COVID-19 Public Health Emergency (PHE), the CMS allowed Medicare providers to request Accelerated and Advance Payments. This was made available to provide emergency cash flow to providers during natural disasters and similar emergencies. CMS made these payments available during the COVID-19 PHE because many practices saw reduced patient…
Keeping Clients in a Crisis
Client retention is always an important part of business, but when the economy isn’t doing well this becomes imperative. COVID-19 has shut down or slowed down many providers’ offices which has given doctors plenty of time to look at their books and make changes if they don’t like what they see. While this provides a…
Hospital Price Disclosure
Healthcare has long been known for asymmetrical information. Patients see a doctor, whether at a clinic or hospital, yet they rarely know when going in how much the visit will cost them. Over the past few years, CMS has been working to close this information gap, requiring hospitals to disclose prices for their most common…
The Future of the Medical Billing Industry
Lately, there has been a lot of speculation amongst medical billing company owners about what the future of the medical billing industry will be. We have been working in this industry since 1994 and have seen significant changes over the years. The future of the medical billing industry is still bright and here is why.…
The What, Why and How of Leadership
What is leadership? An age-old question exhaustively studied by scholars and practitioners alike throughout centuries, from the greatest conqueror of all time Alexander the Great to the father of modern leadership Warren Bennis. Nowadays, it might be easier to say what leadership is not than to say what leadership is. Ensuring your company always hits…
The Art of Effective Communication
Is communication an art or is it actually a science? This is a centuries-old debate and one may continue to argue the validity of both sides of the question to the extent of reaching the end of human patience. While art can be understood as personalizing the knowledge in a creative way – painting the…
How To Avoid Coronavirus Recession
How to avoid Coronavirus recession Can we predict the future by looking back in history? Scientists and futurists have long maintained that studying history and closely inspecting its patterns can be a sure way of telling what is going to happen in the world. Whether or not that is true is debatable, but one thing…
