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Market opportunity: Consider this: To expand or not?

Q. How do I determine whether I should expand my business?
 - 
10/30/2018

A. As a provider you undoubtedly face many challenges, whether from changes in reimbursement, staffing, operations, or competitive pressures. With all these potential focus areas, it’s hard to determine where to allocate your limited resources.

Leadership: Train your mind

Q. How can mindfulness help me lead?
 - 
10/30/2018

A. Many find that beginning the day with 20 minutes of gratitude and mindful awareness helps the balance of the day flow in a more calming way.

Equipment managment: maximize ROI

Q. Should I buy or rent my equipment?
 - 
10/30/2018

 A. The decision between buying or renting equipment has challenged business owners for years.

Business operations: Answer these five basic questions

Q. What are the five essential questions to answer in your collection policy?
 - 
10/30/2018

A. A collection policy is the set of procedures your company will follow to ensure payment of patient accounts. To cover the key elements in your policy, answer these five basic questions:
What are your collection goals?

Leadership: Lead from place of abundance

Q. How can I be a mindful and effective leader?
 - 
10/02/2018

A. Mindfulness has been gaining popularity in many circles from factories to retail experiences. When we think of mindful leaders, some of the great ones include Ghandi, Jim Rohn and Zig Ziglar.

Equipment managment: Make your equipment fleet visible

Q. How can accessible equipment service records improve my business?
 - 
10/02/2018

A. The methods of keeping organized equipment service records are as varied as the companies themselves.

Business operations: Use your policy as a compass

Q. Why should a company have a collection policy?
 - 
10/02/2018

A. In today’s environment, HME margins are narrower than ever. Tightening margins mean you cannot afford to allow any payments to fall through the cracks. What can you do to close the gaps? A written collection policy.

M&A: Look beyond dollar signs

Q. How should I vet each offer I received to determine which to accept?
 - 
08/29/2018

A. It may surprise you to learn that many times a high offered price is not always the best deal. Many other factors must be considered before accepting an offer. 

Patient Collections: Fine-tune where needed

Q. How do I maintain the momentum with my new card on file policy?
 - 
08/29/2018

The essential techniques for an effective automatic payment program include: establishing, preparing, communicating and lastly—maintaining. You’ve established your card on file plan, and that’s great.

Online learning: Make it top-notch

Q. How do we justify spending money on education resources?
 - 
08/29/2018

A. The foundation of Pediatric Home Service is education. We spend money to ensure we have high quality education.

Online Education

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