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Will You Add? - Lean Healthcare -The Values Driven Approach
Little Known Interview Tips That Put You Over The Top - Part 1 where patient care needs are climbingIf you have been in the job market for any more than two weeks, there is an excellent chance you have read dozens of articles offering loads of general interviewing tips. As such, it is likely you already understand the importance of arriving 15 minutes early, giving a firm handshake, establishing eye contact, and wearing clean shoes (doesn't it sound like A broken record?)But what can you employ to set yourself apart from the competition? What important, little used details can you integrate into your interview strategy that can turn the interviewer into your advocate? In this first of two articles on non-conventional interview tips, we'll cover the time leading up to the interview itself."Case The Joint"While you may not be planning a daring bank robbery, you still won't want unexpected logistics issues getting you off to t Selling Your Business - Why Use a Business Broker There's a lot of excitement today in the health care field about the benefits that Lean practice can bring. This is especially critical in an environment where patient care needs are climbing Perhaps the most important business transaction you will ever pursue is the sale of your business. Many business owners attempt to do it themselves and when asked if they got a good deal, many respond with “I think so,” or “I got my asking price,” or “I really don’t know,” or “It was a disaster.” Often times these very capable business people approach the sale of their business with less formality than in the sale of a home. The purpose of this article is to answer the questions – Why would I use a business broker and what am I getting for the fees I will pay?1. Confidentiality. If an owner tries to sell his own business, that process alone reveals to the world that his business is for sale. Employees, customers, suppliers, and bankers all get nervous and competitors get predatory. The business broker protects the identity of the compan Going Public via Initial or Direct Public Offering: The Role of an Underwriter he health care field about the benefits that Lean practice can bring. This is especially critical in an environment where patient care needs are climbingPerhaps the most visible and familiar element of the initial public offering process is the underwriter. The underwriter is the organization that is actually responsible for pricing, selling, and organizing the issue, and it may or may not provide additional services. With direct public offerings, there is no need for an underwriter.Selection of a good underwriter is of the utmost importance, but it’s important to understand that many underwriters are equally selective of their clients. Because an underwriter’s reputation depends on successful issues, few firms will be willing to stake their reputation on questionable companies.When selecting an underwriter, it’s important to seek out an established company with a good reputation and quality research coverage in your field. The decision may also depend on the kind of agreement t Outsourcing Can Help Grow Your Business s that Lean practice can bring. This is especially critical in an environment where patient care needs are climbingSmall business outsourcing refers to a decision to sub-contract some or all of the duties in the company. The main motive or reason is to allow the company to invest more money, time and human resources into important activities and building strategies, which can help to fuel company growth.There is a lot of competition in today's markets and it is always changing. A company must focus on improving productivity and yet, cut down costs. Therefore, a lot of tasks that use up precious time, resources and energy, are being outsourced.Outsourcing helps any company to reduce costs. Outsourcing can range from customer service to manufacturing to software development and much more.The following are ten ways small business outsourcing can save your business time and money.1. You won't have to interview employee candidates. This Lean Healthcare: We Got The Money-Now What? especially critical in an environment where patient care needs are climbingI want to start things off by saying that I come to the table not only bringing a problem, but also the solution. Most of us are skeptics and are concerned that the money recently handed out will not be used to improve the patient care in our healthcare system. Even with the best intentions, the money may get diverted to areas, which may have little impact on the real systemic healthcare problems. As you read this article, you will discover there is a way to ensure that the changes and investments of the dollars have the desired outcome on healthcare. It only requires passion and a solid strategic plan for implementation.Over the last few weeks, there has been a great deal of press and conversation about Canadian Healthcare. The politicians are dividing up a pot of newly found money for healthcare and the public is wondering why the waitin The 5 Things You Must Know About Accepting A Check By Phone where patient care needs are climbing while the pool of skilled resources and reimbursement for services shrink. Lean Advisors Inc. is working in the healthcare industry to help them implemen
Accepting a check by phone, fax or web is a great way to increase revenues, decrease collection headaches and offer new payment options BUT there are several essential “things” that you MUST know.First let’s talk about all the great benefits: 1) You don’t have to wait for a customer to mail in payment. 2) It’s a LOT less expensive than a credit card. A credit card transaction always involves a discount rate. Typically around 2.3% it means that you pay that percentage of the transaction dollar amount as a processing fee. 3) You find out about NSF or rejected transactions must more quickly than a paper check-typically within 2-3 days. 4) You can call a late payer and tell them “no you don’t have to send out a check we will take your check right now” 5) It’s safe for the business and the customer. 6) You off
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