Category: Accounting
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Managing Cash Flow in Your Healthcare Practice
Imagine being a mental health professional where financial worries never overshadow your commitment to your clients. Managing finances is the key to making this a reality. Inconsistent insurance payments and unpredictable client attendance can disrupt your financial stability, but with the right strategies, you can maintain a steady flow of income and expenses. This article…
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What is Technology’s Role in Healthcare
What Is Healthcare Technology? Healthcare technology refers to the use of various technological tools, digital solutions, and innovations designed to improve patient care, streamline medical processes, and enhance the overall efficiency of healthcare systems. This includes electronic health records (EHRs), telemedicine, wearable health devices, artificial intelligence (AI) in diagnostics, and robotic surgeries. By integrating…
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What is Employee Retention Credit (ERC) and its Eligibility Requirements
How many times have you heard about the Employee Retention Credit (ERC) in the past year? Probably a lot! So, what’s new under the sun? Quite a bit, actually. On November 15th, President Biden signed the Infrastructure Investment and Jobs Act into law, which the Senate passed this past August. Previously, the ERC was set…