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Impact of medical scheme tariff increases on private practices

Understanding the impact of medical scheme tariff increases on private practices Medical scheme tariff increases present a dual-edged challenge for private practices, impacting everything from revenue to patient affordability. With most of the major medical schemes announcing tariff increases for 2025 at over 10%, the change directly influences reimbursement rates, revenue management, & ultimately, a […]

Setting goals for your practice in 2025

Setting goals for your practice in 2025 As 2024 draws to a close, it’s a good time to assess the past year & determine where you are headed. As a business owner, you’ll know that setting goals isn’t just an annual exercise or creating a wish list. It’s a strategic step toward creating a thriving, […]

Health tech solutions transform practice profitability

Health tech solutions transform practice profitability Technology has the potential to completely transform how a private healthcare practice operates – for the better. From reducing administrative burdens to expanding patient access, health tech solutions not only streamline workflows but also contribute directly to improved profitability. This blog explores specific ways technology can deliver measurable financial […]

How EMRs Streamline Consultations & Outcomes

How EMRs streamline consultations & outcomes When you’re in consultation with a patient, you’re not just listening to their words. You’re mentally cataloging symptoms, assessing their medical history, & observing subtle physical cues or body language that might reveal more than the conversation itself. At the same time, you’re thinking ahead to possible diagnoses & […]

Mastering consultation fees for 2024

Mastering consultation fees for 2024

Mastering Consultation Fees for 2024 Setting consultation fees is a critical aspect of running a successful medical practice. However, it’s rarely as simple as (desired annual income + overhead costs)/ number of consultations = consultation fee. While this basic equation is an important starting point, setting the right consultation fee requires a delicate balance between […]

Medical practice makeover

Medical practice makeover Your medical practice isn’t immune to setbacks. Maybe you’ve noticed a decline in patient appointments, or you’re struggling to meet your business goals. The good news is that challenges are a natural (read: necessary) part of business growth & development. While it might not be easy, it’s a good time to adapt […]