By: Christine Dura The key to success for any healthcare franchise is getting paid for the services you provide. Maximizing reimbursement for services rendered is crucial to the long-term success of your business. However, when it comes to the complicated world of medical billing, getting paid isn’t as easy as it sounds. Even if you’ve… Read More »
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3 Medical Franchise Billing Mistakes You Don’t Want to Make
By: Justin Irizarry Running a medical franchise involves a lot of moving parts. From staffing your location with the most talented employees to ensuring patients are experiencing stellar healthcare and customer service, some housekeeping things like billing can get triaged to a secondary position. However, there are a few billing mistakes that you absolutely want… Read More »
Top 3 Financial Mistakes to Avoid When Opening a Medical Franchise
By: Justin Irizarry Opening a medical franchise can be a rewarding endeavor that benefits your community at large. As with any business, you’ll need capital to get your location up and running. This is where lots of entrepreneurs can get into trouble if they don’t have a financial plan and budget in place. Making sure… Read More »
The Rush for Medical Franchise Providers
By: Christine Dura The growth of the medical franchise is booming. Just from 2008 to 2013, the number of healthcare and medical franchises nearly surpassed a growth rate of 10 percent. The demand for franchises in the healthcare industry is only set to increase with the aging population and need for patient care. In addition,… Read More »
The Role of Relationships Between Franchisor and Franchisee in Medical Franchises
By: Christine Dura The relationship between a franchisor and franchisee is a unique one. Specifically, when it comes to the ever-increasing popularity of the medical franchise, ensuring a healthy relationship between parties is essential. Franchising offers the opportunity to increase the efficiency and organization of a structure in the healthcare field. What does the role… Read More »
4 Ideas to Keep in Mind When Selecting a Location for Your Medical Franchise
4 Ideas to Keep in Mind When Selecting a Location for Your Medical Franchise By: Christine Dura The medical franchise industry is booming and it seems that there’s a new location that pops up every day. This makes selecting a location for your medical franchise crucial to its success. Beyond being in a convenient and… Read More »
How Franchising and Physician Services Can Mix Best
Medical Franchises: A Mix of Business & Physician Services By: Christine Dura Operating a medical franchise can be a lucrative and rewarding business venture. However, when it comes to owning a business that provides healthcare and healthcare providers there are a number of federal, state, and local laws that could prohibit various arrangements. Understanding how… Read More »
Need, Cost, and Obstacles of Orthopedic Device Innovations
By: Christine Dura In today’s orthopedic world, what does it truly take to innovate? When it comes to standard medical practices or even the medical franchise, innovation in treatment is always at the forefront of thought. Orthopedic manufacturers are looked up to as industry innovators on the cutting edge of technology and sometimes procedure. Physicians… Read More »
3 Qualities Any Modern Medical Franchise Must Uphold
By: Christine Dura With the rise in popularity of the medical franchise, entrepreneurs entering the business must uphold basic qualities to ensure that the trend continues. Healthcare franchises offer cost-effective and convenient treatment to patients looking for care on their own schedules. For those seeking treatment for simple and non-emergent ailments, medical franchises provide exactly… Read More »
5 Disruptive Factors Influencing the Orthopedic Device Market
By: Christine Dura According to industry professionals, there are factors that have the possibility to influence medical business opportunities – more specifically, the orthopedic device market. As the healthcare industry continues to grow, companies need to focus on specialization and proprietary offerings to stay lucrative and successful. Industry professionals have identified five disruptive factors that… Read More »