If you need financing or a line of credit, it pays to find a bank with medical practice expertise. Here are five questions to help you evaluate potential lenders.
There are many ways in which a practice can grow, so it’s important practices expand in a way that’s sustainable to ensure long-term success.
It is a common business strategy for medical practices to use lines of credit from a bank or other financial institution.
What to consider before investing—and what it takes to win.
To take on a lease or take out a loan? For many small business owners, that really is the question. Especially for those in the medical field, it’s a tough choice between leasing expensive new equipment or financing it with a loan.
Doctors and hospitals in the U.S. spend nearly $200 billion per year on medical devices, according to a 2015 study by the Advanced Medical Technology Association.
One decision often facing medical practice owners is whether to buy or lease equipment. Here are a few points to consider before making your decision.
The revenue cycle model for a medical practice is more complex than many other businesses, and a line of credit can be a lifesaver for a practice dealing with operational disruptions.
The number of urgent care centers in the United States is growing, and many physicians see expansion into urgent care services as an opportunity to grow their practices.