First 5 Things To Do When Expanding Healthcare Locations

PRemployer on September 25, 2019

First 5 Things To Do When Expanding Healthcare Locations

The desire to grow your medical practice is both natural and admirable. In fact, in this continually evolving field, growth is essential to your practice’s future. When it’s time to add locations, you can make a seamless leap when you consider these tips:

1. Make sure you are providing quality benefits to attract the best employees

When you open a new location, you envision it being as successful as the original location. To build a successful practice, it’s critical to have the best people on staff. Attracting top talent requires competitive benefits, such as health insurance, life insurance, retirement savings, vacation pay and more. When given a choice between a job with excellent benefits and a job with a poor benefits package, most employees will choose the former.

Offering competitive benefits is often a challenge, especially if your practice is still in the early stages of growth. However, working with a professional employer organization can give you access to better benefits at a lower cost.

2. Properly onboard all of your new employees

To make your entire practice streamlined, operations at your new location should mirror those at your other locations. Some patients may need to visit more than one of your offices, and keeping your operations consistent will help everything to run more smoothly when this occurs. However, ensuring that your new employees follow procedures in the same way as existing ones requires proper training and onboarding. When every employee completes the same well-planned onboarding process, your new practice can run like a well-oiled machine.

Working with a PEO can help you develop an appropriate onboarding process and implement it successfully, so that every new employee is onboarded in the same way and knows how to use all of the tools provided to them.

3. Rely more on technology

Writing down important information is always a risk, because it can easily get lost or people may become confused about the meaning. Depending on the nature of the information, this can be highly problematic. For this reason, it is better to rely on technology when engaging in employee training, handling employee benefits, working with payroll, or completing any other important business task. Using technology makes these processes more streamlined and promotes accuracy.

4. Get help from a PEO for payroll

Trying to handle payroll for an expanding company on your own is rarely recommended, as this process can often be highly complex. As you embrace medical practice growth, consider outsourcing payroll to a PEO company. This will allow you to focus your time and energy on growing your business.

5. Have a good way of tracking time and attendance for staff

Adding another location to your expanding practice means a significant increase in the number of employees you manage. As a result, you will need a system for tracking time and attendance that is both easy to understand and easy to communicate to others. Working with a PEO is one of the best ways to handle this issue. PEO companies already have systems for time and attendance tracking, so they can help you establish effective, streamlined processes for your practice easily.

Expanding your practice is an exciting undertaking that will help to build your business and increase profitability. Working with a PEO can make the entire transition easier and less stressful from start to finish.  How to Find the Best PEO for Your Business

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