Friday, 29 April 2016

Debra Oselett - The Changes Medical Practices Currently Face

Debra Oselett started working as the practice administrator of a private medical facility in Rochester Hills, Michigan in 2008. She founded her own accounting firm after completing her studies in accounting at Oakland Community College and worked to help small businesses maintain their records. Debra Oselett is experienced in using both Peachtree/Sage, and QuickBooks accounting software. Here are some important changes medical practices are currently facing.

Preparing for the Future

In the last few years, there have been several changes in the healthcare sector in the United States. As the country’s baby boomers come of age, the pressure has fallen on the hospitals to meet the ever-growing demand. At the same time, while working hard to meet the demand of the population, hospitals are facing challenges in how they are paid. Compensations are moving from a fee-for-service system to a system that is based on results and quality of care provided by the hospital. With patient satisfaction playing a crucial role in the way medical practices are paid, practice administrators are making it a top priority to ensure patients are fully satisfied.

To cater for their patients, hospitals are going all out to ensure they create an environment that attracts more clients. With studies showing that more women than men make healthcare decisions in the family, one hospital recently built an 18,000 square foot center with spa-like robes and atmosphere to attract more clients. Another children’s hospital has built a huge facility that includes an all-grade school for inpatients, play areas, and therapeutic gardens.

This puts a huge responsibility on practice administrators to find ways to make the practice a success. Debra Oselett constantly sits down with key players in the practice to discuss upcoming improvements to the medical practice.

Friday, 22 April 2016

Debra Oselett - Simple Accounting Tips for Small Businesses

Debra Oselett studied accounting at Oakland Community College and later founded her own accounting firm. She managed her firm for ten years and helped small businesses manage their accounts. She is well acquainted with both Peachtree and QuickBooks accounting software and knows how important it is for businesses to maintain proper accounts records. Debra Oselett has several years’ experience in working with small businesses helping them maintain their records. Here are some simple accounting tips for small businesses.

Keep it Separate

If you have just started a new business, you must ensure to keep business expenses separate from your personal expenses. Do not try to pay for personal things with your business credit card and then balance things out later, if you try to do this, you will end up in trouble. Though there is some accounting software that can account for crossover expenses, it is recommended to keep business and personal finances separate.

Hire a Professional

It might be better if you hire a professional accountant to handle the accounting work in your business. While you can do the books yourself, it would be easier to let a professional handle the job and you can focus on building your business. An accountant will most certainly find deductions and keep you penalty-free. You can save yourself a lot of stress and trouble by having a professional handle your accounts.

Debra Oselett managed her accounting firm for ten years and helped several small businesses manage their accounts.

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Saturday, 16 April 2016

Debra Oselett - Experienced Practice Administrator

Debra Oselett was born in Detroit, Michigan and grew up in Madison Heights, a suburb of Detroit. She studied accounting at Oakland Community College and founded her own accounting firm to help small business owners manage their accounts efficiently. She worked in her business for ten years before making the switch to work as a practice administrator of a private medical practice in Rochester Hills, Michigan.

Working as the practice administrator, she quickly realized that while her accounting and management skills were much needed for the job, she has to learn new skills to be able to become an efficient practice administrator. Through hard work and dedication, she acquired the necessary skills to be successful in her job and has built a successful career for herself as a practice administrator.

Debra Oselett is experienced and has skills relating to managing accounts payable, accounts receivable, and working with insurance companies to settle bills. Though she has worked in the accounting and management arena for ten years before taking up the job as a practice administrator, she did not anticipate how much the healthcare industry would change. Reforms in the healthcare industry forced her and her staff to reconsider how physicians are credentialed with insurance companies. This was one of the biggest challenges she had to implement working as the practice administrator.

Debra Oselett has implemented several solutions that have enabled her employers to adapt to the new healthcare reforms in the United States. She works closely with her staff and ensures that they are up-to-date on the latest policies and reforms affecting the industry.

Thursday, 7 April 2016

Debra Oselett - Three Skills Every Practice Administrator Should Have

Debra Oselett has been working as the practice administrator at a private medical practice in Rochester Hills, Michigan since 2008. She was born in Detroit, Michigan but grew up in Madison Heights, a suburb of Detroit. Debra Oselett took accounting classes at Oakland Community College and later founded her own accounting firm to help small businesses balance their accounts. After managing her accounting business for ten years, she joined a private medical firm as the practice administrator. Here are three skills every practice administrator should have.

Transformer and Change Advocate

A practice administrator has to have a dynamic set of analytical and investigative skills to be able to bring about the kind of transformation the medical practice needs in a fast-changing environment. Practice administrators should watch out for “analysis paralysis”, a condition where you could get stuck and not move forward just because of the high quantity of analysis that gets in the way of making a decision. Practice administrators will have to make foundational, compositional, and structural changes if they want to see the practice become successful.

Tune in with Business Culture

As healthcare organizations network and affiliate with each other, the difference in their culture will present a challenge and opportunity for practice administrators to understand cultural gaps and develop their management skills to bridge the gaps. They will need to master the ability to listen, observe and analyze their findings.

Adapt to Accountability Changes

Accountability is an important skill that practice administrators will need to develop. To whom you are accountable, and who is accountable for what will take on a completely new meaning. Unlike the traditional administration system, administrators will most probably report to the vice-president instead of to the board or executive committee.

Debra Oselett is the practice administrator for a private medical practice since 2008.

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