Professionals in the medical field often begin their careers employed in hospitals and other health care establishments. Given time, many of them feel that they are prepared to endeavor on their own or with their chosen partners. That often entails opening a private practice where they only have to answer to themselves should anything go awry.
The decision to open a private practice comes with a slew of new responsibilities. When the finances have been settled and the location and proper permits secured, the next thing on the list is recruiting the personnel needed so that the clinic can run efficiently. At the same time, healthcare professionals focus on their chief duties.
The person hired as the practice’s receptionist needs to be personable, organized, and capable of multitasking. This is because they will be the first and last person that patients will see in the clinic. They should greet patients warmly while also making sure that the doctors can see them on time. After the appointment, the receptionist is also the one usually in charge of accepting payments and scheduling future visits.
Aside from clerical work, the receptionist also needs to ensure that the front area of the clinic is welcoming and clean at all times. This will help boost the image of the clinic while also ensuring that cleanliness standards are always met.
From the get-go, partners need to find a reputable company that can provide their clinic with outstanding nurses, doctors, and specialists if they find the clinic short-handed. Regardless of the reason, be it illness, vacancies, or other causes, the presence of locum tenens in their clinic is quite beneficial.
Locum tenens are independent contractors who are capable of filling in for the role they applied for. They will help the clinic run normally despite having absences in its midst. Hence, the need to secure contact since this will prevent moments of panic from occurring during times of need.
Private practice is also a business. Hence, there is a need for healthcare professionals to take on financial experts who can manage the finances and help with the business side of running it. Healthcare accountants come in different forms, one of which is a bookkeeper.
Bookkeepers are in charge of the general ledger, recording all of the clinic’s transactions while keeping track of the costs and income on a daily, monthly, and quarterly basis. Sometimes, bookkeepers can also act as the clinic’s receptionist.
Aside from a bookkeeper, a private practice will also require the services of an actual accountant who’s proficient with the workings of healthcare services. While managing the financial records, accountants should also spot any discrepancies in the reports, be it with the cash flow or the retained earnings of the clinic. During the tax season, they are also in charge of ensuring that the taxes are filed and paid on time.
Opening a private practice means accepting more responsibilities as a professional in the medical field. Understanding the need to delegate certain tasks will help the partners and other healthcare specialists focus on their primary responsibilities without inhibiting the success of the business.