Articles 0 to 3

Budgeting for a more successful practice

A budget will help you to monitor the financial health of your practice – but that’s just the beginning. Stephen Allan, Credit Executive at Medfin Finance, explains how a budget can also help you to run a more productive and profitable practice.

Using social media to grow a general practice

A growing number of general practitioners are using social media to attract new patients and secure their loyalty. Helena Athans from NAB Digital and David Bacon from the Healthy Thinking Group discuss the potential benefits and how to make the most of them.

Combining great healthcare with expert business skills

Dentist, business coach and author, Dr Jesse Green is on a mission to empower healthcare professionals to become true business owners.

How to protect your assets and practice

Without appropriate protection, your hard-earned assets could be at risk. Paul Jarvis, whose team manages the wealth of clients in the NAB Health sector, discusses how insurance, tax planning and a collaborative team of advisers can help you build a successful practice.

Articles 4 to 7

Getting your practice ready for sale

It’s never too early to get your practice ready for sale. As Paul Freeman, Chief Executive Officer of Medfin Finance, points out, potential purchasers look for the kind of well-run business that’s also efficient and profitable for you. Here are his tips for getting it up to speed.

Consumer spend at direct care Health Practitioners

This report provides a first look at Australian household spending patterns across a range of patient care practitioners (excluding GP’s, hospitals, pharmacies) based on transactions made through NAB’s health payment systems.

NAB and Medfin Health Practitioners’ sentiment survey

The NAB Health Practitioners’ Sentiment survey is designed to gauge how medical practitioners feel about the prospects for their business and industry.

The challenges and the rewards of being a leader in healthcare

An early love of horses almost led Western Health CEO Alex Cockram to become a veterinarian but her great interest in people’s lives, motivations and their resilience inspired her into psychiatry. It’s what’s still inspiring her today.

Articles 8 to 11

Prevention is better than cure with workplace mental health

Evy Gomo, Clinical Manager at Davidson Trahaire Corpsych, shares her top tips for SME owners looking to create psychologically healthy workplaces.

Improve the cash flow of your healthcare practice

Cash flow is the oxygen of business. The more effectively you manage it, the more successful and profitable your practice will be.

How to manage change in your business

How do you manage change in your business? Find out how to drive change rather than have it forced upon you.

Create a more successful dental practice in four steps

Research suggests that, for many dentists, practice management is a major challenge. Anita Roubicek, Joint Chief Executive Officer of Prime Practice dental management specialists, discusses the benefits of having a well-run practice and shares her tips for improving performance.

Articles 12 to 15

The changing landscape of community pharmacy

How can pharmacies evolve with changing times? NAB research has identified three important metrics for community pharmacies to keep an eye on to improve productivity. They include Stock turnover, dispensary to sales ratio and wage costs for sales ratio.

Six strategies for creating a safer medical practice

Medical practitioners often put their patients first – but the price could be compassion fatigue. Dr Frank Jones, President of the RACGP, and Dr Frank Meumann, President of the region’s Balint Society, explain how sharing experiences can have a positive impact.

How to recruit the best people for your business

Finding and keeping the right people is fundamental to the success of any business. Gavin O’Meara, Manager of People and Culture at Ramsay Health Care, explains how planning, preparation and ongoing support can help you build an engaged and productive team.

Create a positive first impression with your waiting room

Your waiting room can influence how your patients feel about you and your practice. Caroline Chaplin, Director of Rooms With Style, explains how colour, lighting and soft furnishings can help you convey the right message in a cost-effective way.

Articles 16 to 19

Cloud computing in general practice

Cloud computing can reduce practice costs and increase efficiency but, as yet, only a minority of general practices have embraced the technology. Dr Nathan Pinskier and NAB’s cloud computing expert Tim Palmer discuss the benefits, current limitations and the potential for change.

Broadening pharmacy revenue beyond dispensary income

Ainslie Chemmart Compounding Pharmacy’s Colette Needham is embracing the challenges facing the pharmaceutical industry by positioning the pharmacy as an all round destination for health and wellbeing.

A practice manager takes care of the business

The right practice manager can improve the profitability and viability of a practice. GP Philip Gribble of the Clare Medical Centre and Gillian Leach, National CEO of the Australian Association of Practice Management, discuss the benefits of employing someone to take care of business.

Medfin – finance for healthcare professionals

Medfin understands the unique financial needs of healthcare professionals. Find out more about what we do and how we can help you.

Articles 20 to 23

Cash flow improvement calculator

Understanding your cash flow is critical to your business success. That's why NAB has created an online cash flow improvement calculator.

Business loan repayment calculator

Use NAB's business loan repayment calculator to help stay on track with your business repayments.

Equipment finance calculator

Find out how much your repayments will be and manage them with NAB's Equipment Finance Repayment Calculator online.

A flying financial start to your medical career

After years of studying to be a medical practitioner you’re finally earning an income. Philip Mawkes, a Senior Relationship Manager at Medfin, explains why it’s important to make your financial future a priority and shares a five-point plan to help you get off to a flying start.

Articles 24 to 27

Medfin Classifieds

Free classifieds for healthcare professionals. Find practices for sale, positions vacant and medical equipment to buy or sell.

HICAPS - easy claims processing

HICAPS is the leading claiming and payment solution for healthcare professionals. Find out how it could benefit your practice.

9 tips when buying a practice

What do you need to know when buying a practice? These nine tips will help you understand and deal with the main issues.

Planning for success in a general practice

Every business needs a plan, including a general practice. Dr Neville Steer and accountant Sue Prestney discuss the benefits of keeping a business plan short and simple.

Articles 28 to 31

Five ways to create a thriving community pharmacy

Kim Brotherson, Managing Director of Pharmacy 777 and Bruce Annabel, Pharmacy Business Consultant and Adjunct Professor of Pharmacy Management at QUT, share their top five tips for creating a thriving community pharmacy.

Articles 32 to 35

NAB & Xero

Manage your bank feeds online with Xero and NAB Internet Banking.

Learn more

An all-in-one EFTPOS payment and claiming solution, HICAPS is an integral part of NAB Health. HICAPS helps make Medicare administration easier to manage in your practice.

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