As the healthcare industry enters into a new era post the pandemic, people are finding it tough to keep up with the rapid change in the healthcare system. Right from staying informed on all of the industry-specific jargon, codes, and business names to the constant...
The healthcare industry has always been dynamic, fast-moving, and constantly driven by innovation. With the advent of new technological advancements and rising demand for more sophisticated and improved healthcare infrastructure, the industry is poised for some...
Medical practices frequently struggle to handle their accounts receivables(AR) successfully. This problem results in lengthy AR days, a lack of cash flow, and high rates of bad debt, which all can negatively impact their business. Despite the time and investment...
Accounts receivables and payable ensure the flow of funds into a business for running operations successfully with profit. This makes it important for businesses to stay on top of payables and receivables to manage their cash flow efficiently. Proper management of...
Customer loyalty is an essential aspect of any successful business. A loyal customer is more likely to continue to purchase from your business, recommend your products or services to others, and provide valuable feedback that can help promote your business....
As a gym owner, creating and sustaining customer retention strategies for your members is vital to the success of your business. With average annual customer attrition rates in the fitness industry at 28.6%, retaining more members long-term should be at the top of any...
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