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The One Big Beautiful Bill Act has officially been signed into law. Congressional Budget Office estimates indicate the bill will slash more than $1 trillion from healthcare over the next decade and increase the number of people without health insurance in 2034 by 10 million, according reports from the Center for Medicare Advocacy and the Kaiser Family Foundation.

Growth and profitability all starts with having solid financial data. Without it, you’re basically flying blind.

A new year has arrived and so have fresh chances for business growth. Specialty healthcare practices have a prime opportunity to set themselves up for financial success by leveraging the right technology. The key lies in evaluating past performance, setting clear goals, and aligning the appropriate tools to meet these objectives. Here’s how your practice can make 2025 your most profitable yet.

In the complex world of healthcare, professional service providers face a critical challenge: managing claim denials. These disruptions impact cash flow, increase administrative burdens, and create operational inefficiencies.

Coding and billing pro John Gwin shares the most useful key performance indicators (KPIs) to help your practice grow and succeed. Hear John’s money-saving insights on: Advice for dealing with the complexities of insurance billing The need for strong financial controls and regular checks on your accounts How to decide whether your practice should accept insurance or focus on cash pay services How to protect your practice from risks like embezzlement and fraud Why it's crucial to stay on top of your practice's finances and plan ahead for potential challenges

Embezzlement within healthcare practices may be more prevalent than you realize, and the consequences of ignoring appropriate security measures can be severe. Medical Group Management Association surveyed nearly 1,000 medical practices and 83% reported being victims of embezzlement at some point in their operation. International Business Machines Corporation also reported in 2021 that healthcare breaches cost $9.23 million per incident — a $2 million increase over the previous year.

If you flip a coin, the chance of landing on heads is the same as the statistical probability that the United States will enter a recession this year. In fact, about 50% of economists predict we’ll see a recession in the next 12 months.

In a recent blog article, we examined how your payments solution could be costing your practice more than you realize. In one section of that article, we touched briefly on the costs associated with point of sale (POS) hardware. And cost certainly remains an important factor. These terminals are not cheap, after all, and are commonly priced anywhere from $150 to $1000 dollars. However, when it comes to payment terminals, there is more at stake than simply just the up-front costs of purchasing the hardware.