Business Issues, Loans, & Credentialing
for COVID-19
We will be updating this page often to provide resources and information on medical practice office management and business-related issues related to loans, cash flow management, credentialing and other items to help medical practices navigate the coronavirus pandemic (COVID-19).
Practice Management Staffing Considerations (On-Demand Training $49)
With increased demand for some specialties and decrease for others, how will your practice adjust with these uncertain flows? How will you handle staff call outs, and self-quarantine dips in performance and efficiency? Having a plan to meet unexpected hurdles such as these will be covered by Jesse Overbay, DoctorsManagement General Counsel and Management Consultant. Click to learn more and order…
This training is part of the NAMAS COVID-19 On-Demand Educational Series. NAMAS, a division of DoctorsManagement.
Unemployment Benefits for Self-Employed: Is it possible?
QUESTION (March 19, 2020): As many dental practices close in the coming three weeks in response to the strong policy statement by ADA, their employees are filing for unemployment during the temporary shutdown. What about the Doctor who owns the practice? Are they eligible for unemployment compensation?
ANSWER: If you’re operating as a sole proprietor, the answer is no. However, if you structure your business as an S corporation and put yourself on the payroll as a salaried employee, you’ll be eligible for unemployment in most states, though not all. Depending on where you live, then, you may be able to hedge some of the risk you take on as a entrepreneur.
Are you eligible to collect unemployment? That’s a state-level decision.
Learn which states cover what…