Every professional has to know certain people that will either help them further their career or protect what the professional has earned. Not only is what you know important, but who you know may be just as important when running a business. This is true whether you are running a healthcare business, law firm, or marketing company. Networking is extremely vital to running a business and the right relationships cultivated through networking can stay with you for your entire career. Today we discuss which professional relationships may be the most important for nurse practitioners to have for career growth and protection.
An insurance agent who focuses on medical malpractice insurance is an important person to know. There are a lot of companies out there that provide this product. Once you have an idea of what type of policy works for your practice then find an agent who communicates well with you and with whom you feel comfortable. Make sure an agent has the experience in med mal insurance though. Your agent should take time to explain the policy with you in detail, so you know exactly what you are paying for. I am very biased as to why you should have a good relationship with the next profession as it is attorneys.
Nurse practitioners may need different types of attorneys throughout their career depending on what issue they are facing. For example, a nurse practitioner may need an attorney to assist in the creation of their clinic by forming a corporation or LLC and helping with the drafting of a collaborative practice agreement. Or, a NP may need a litigator if someone files a complaint with the NC Board of Nursing. Just like establishing a relationship with an insurance agent, you should establish a relationship with an attorney that can help you when you need it. Finding a practice management company that can help you with billing, growth, personnel, record keeping, and the day to day running of a medical practice is another important professional relationship to have.
In this day and age, there are a lot of medical practice management companies just in North Carolina alone. It would be advisable to look around and find one that has a focus on nurse practitioner practices. These companies typically assist with billing, coding, record keeping, staffing, and general advice on next steps for growth. If you find your practice shifting more to telemedicine/telenursing then see if there is a practice management company that focuses on helping practices that do a lot of telemedicine/telenursing. If you are engaged in a family medical practice, then find a practice management company that has experience helping family medical practice providers. The next profession was the hardest, but most beneficial, I was personally able to find for my law firm. That is a certified public accountant (CPA).
A good certified public accountant is going to be able to save you money, especially if you have never had one before. There are a lot of moving parts when running a business and a CPA can take one more thing off your plate so you can focus on your patients. While it may take a while to find a good fit with a CPA, there are plenty available in North Carolina. Finding a CPA that not only knows what they are doing with your taxes but that you can easily communicate is the key in having a productive relationship that can last you long into your career.
I hope you were able to learn a little more about what professionals can really help nurse practitioners in their business. If you are looking to hire a professional for any type of work, please call or text us at 919-521-8810 and we will be happy to refer you to someone we trust.
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