You went to nursing school, not Harvard Business School. When you enter the entrepreneurial world as a legal nurse consultant, you face a new and often intimidating environment. The skills you learned serve you well in your new career, but you soon learn that getting paid means more than receiving a weekly paycheck. You must master billings and collections for the success of your LNC business.
Billing isn’t simply the mechanical act of sending out invoices. It means timing, planning, diplomacy, and often the ability to demonstrate even more toughness than is involved in getting a reluctant patient to take his medicine.
Why your attitude about money can make or break your ability to run a successful and profitable business,
How to spot a client with deadbeat potential,
When and how to bill,
The importance of a replenishing retainer, and
Why you should charge rush fees.
Pat answers both the questions you’ve been wanting to have answered and the questions you haven’t yet thought of asking.
And gives you many other strategies to ensure that your cash is flowing in the right direction—to you.
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For a woman who dislikes numbers, Pat Iyer MSN RN LNC has done remarkably well. Although she’d rather write a book than look at a spreadsheet, she has been able to grasp enough about financial matters to build and run a multimillion-dollar business.