Debra Oselett – Tips for Operating Your Own Business

Debra Oselett is currently serving as a practice administrator for a medical office in Michigan. Before she began working in the position in 2008, she operated her own company in the accounting industry called Balanced Pennies. Operating her own business gave her the experience she needed in her current position. Here are some tips for business owners.

Start with a solid plan. All new businesses need a plan of attack in order to be successful. Most business owners will find that they don’t have enough capital to get their company up and running on their own, which means they will need to attract investors and earn loans from the bank. You’ll need to show both investors and banks that you have a plan for the future that is viable for your business.

Make the customer priority number one. If you want to operate a successful business, you have to be thinking about the client, no matter the industry you operate in. Do your research regularly, even after your business is up and running, in order to stay ahead of market changes that impact customer wants and needs. You also need to put a good amount of time into developing a customer service strategy.

Think about the future. Every successful business owner has a plan to grow, which means developing products, looking for larger office spaces, or even diversifying your product inventory. The more research you do on your industry, customers, and market, the more equipped you’ll be for growth.

Debra Oselett understands the process of starting and operating a successful business in a competitive industry.

Debra Oselett – Management Tips for Professionals in Any Field

Debra Oselett is a dedicated individual with the drive to succeed through her career, and help people in the process. She is currently serving as a practice administrator, or medical administrator, for an office consisting of forty staff members. She has been working in the position since 2008, when she sold her accounting company called Balanced Pennies. She started the company in 1998, and it gave her the experience she would need in order to manage a major office. Being an accountant has given her a respect and understanding of the need to budget, take inventory, and figure out ways to run a business as efficiently as possible.

For some, being a manager or professional leader can be difficult. Throughout her twenty years of experience, Debra Oselett has realized what it truly means to be a manager, implement policies, and essentially be responsible for all staff members. Her management skills enhance performance within her office. Here are some useful tips for managers or professional leaders in any field.

If you want to be a successful manager, you need to be able to lead through example. Your employees and staff members will be looking to you as their example of how to conduct themselves in the work place, which includes communication, work ethic, and your ability to take direction. Set an example for your employees that you would want to witness from your own manager, and understand that this is one of the best ways your employees can learn.

In addition to leading by example, you need to lead with compassion. Being approachable is extremely important as a manager because it means your employees are comfortable coming to you with problems, mistakes, or concerns. The more understanding you are when the situation calls for it, the more approachable you’ll be to your staff. For example, if someone comes to you with a mistake, don’t get upset; simply use the opportunity as a learning experience so it doesn’t happen again.

Lastly, make sure that your staff feels like you trust them with their responsibilities. A major mistake that a lot of managers make is that they don’t display trust. This tends to decrease productivity throughout the office due to micromanagement. Trying to control every aspect of a person’s job is an obvious sign you don’t trust them, which will also result in a lapse of motivation. Trust your employees to get their tasks completed on time, and up to the right quality standards.

Debra Oselett understands the importance of her position as a practice administrator, and she also understands that the role comes with active management responsibilities. She works hard in order to implement policies that will ensure that her office runs as efficiently as possible, and helps as many people as it can along the way.

Debra Oselett – Peachtree Accounting Seminars

Skilled medical practice administrators like Debra Oselett, of Rochester Hills, Michigan, are familiar with Peachtree accounting systems, software, and seminars. Because of the popularity of Peachtree, medical administrators are wise to be as familiar with the program as is possible.

Peachtree accounting courses and seminars assist medical administrators in becoming quickly accustomed to the software. Peachtree, or Sage 50, offers three distinct levels of training for administrators and managers. Beginner seminars often start with reviews of the basics, like bookkeeping. The next steps covered pertain to new company set-up to introduce and then review aspects of the program such as data file modification and entry, including employees, inventory, vendors, customers, and accounts that need to be reviewed. Other areas covered in the beginner’s seminar are: payroll, accounts payable, accounts receivable, inventory, and general ledger.

The intermediate Peachtree/Sage 50 course builds upon all of the previously mentioned office and accounting functions at a higher level, including sections dedicated to balancing and reviewing the aforementioned sections. The Peachtree/Sage 50 advanced seminar offers guidance on the basic and intermediate level material, but also addresses more complex subjects like security; forms, reports, and financial statements; payroll; special procedures; backup utility; and time ticket employees.

Debra Oselett and other office administrators and managers are experienced in working with the Peachtree/Sage 50 accounting systems and have used them for many years to successfully operate medical offices. Superior and meticulous accounting skills are a must for a medical practice administrator in order for the office he or she operates to be profitable and respected.

Source: http://www.cpatrainingcenter.com/Peachtree-Software-Training.asp

 

Debra Oselett – Meaningful Use Stages for Medicare

Experienced medical practice administrators, like Debra Oselett of Rochester Hills, Michigan, must be familiar with the Meaningful Use program, which was instituted as part of the 2009 Health Information Technology for Economic and Clinical Health Act (HITECH). This program allows health care providers to show meaningful use of certified Electronic Health Records (EHR), which in turn earns incentive payments for eligible providers.

The Meaningful Use program has been instituted to encourage the adoption of electronic health care records systems to create a widespread system that provides top safety, quality, and efficiency of health care in America. In order to be entitled to incentive payments, providers must do more than just adopt an electronic health records system; they must also prove the meaningful use of the system by meeting a certain number of objectives established by the HITECH Act. These incentive payments can range from $44,000 to $63,750 for Medicaid-directed meaningful use programs. Medical providers who do not adopt an electronic health record system and document meaningful use will receive less than 100% of their Medicare fee schedule for their services.

The EHR program applies to various medical statutes, one of which is Medicare. Using the Medicare Meaningful Use Incentive program will grant those monetary incentives to medical providers who have an EHR in place and have proof of meaningful use. That proof spans a range of thresholds for multiple objectives that can positively impact patient care. Those medical providers can earn up to $44,000 in incentives from the Medicare Meaningful Use program by meeting Medicare’s established criteria for five consecutive years. This program was implemented to help encourage high-quality medical practice. The EHR program have been shown to have a positive impact on the medical field, which is why so many steps have been taken to encourage it. In 2015, Medicare began penalizing those medical providers who had not implemented an EHR system by reducing those providers’ Medicare reimbursements.

The Medicare Meaningful Use program considers the following as qualified for the EHR incentive: chiropractors, doctors of dental medicine and dental surgery, doctors of podiatric medicine, doctors of optometry, and doctors of medicine or osteopathy. This incentive program is not extended to most hospital-based providers, which are those providers with 90% or more of their services based in emergency or hospital inpatient settings. The exceptions to this rule are hospitals that are Medicare Advantage affiliated hospitals, subsection d hospitals, and critical access hospitals.

Debra Oselett and other prominent, skilled medical practice directors and administrators have a thorough knowledge of the Health Information Technology for Economic and Clinical Health Act, and especially the Medicare component and guidelines associated with it. An administrator’s familiarity with this act and its accompanying incentives can save the medical office significant amounts of money.

Source:http://www.athenahealth.com/knowledge-hub/meaningful-use/what-is-meaningful-use
http://www.athenahealth.com/knowledge-hub/meaningful-use/medicare
http://www.athenahealth.com/knowledge-hub/meaningful-use/medicare-criteria

Debra Oselett – Qualities Of A Successful Business Owner

Debra Oselett owned her own business for several years before she decided to start working as a practice manager. She was very successful and her success is due to certain qualities that she possesses. If you are thinking about becoming a business owner, you should determine if you have the qualities necessary to make that business successful.

Driven

A good small business owner will be driven to be good and make the business a success. There will be times when things seem impossible or may become too challenging, but a driven business owner will be determined to get past those challenges and carry on with the business.

Organized

Owning a small business can be difficult and one of the most important qualities a small business owner can possess is good organizational skills. Keeping a business organized will help it operate better and prevent any problems or challenges. It will also help business owners stay on track and keep the business running when a problem does occur.

Confidence

Business owners face challenges when they first start and as their businesses grow. You need to be confident in order to overcome these obstacles and push forward to make the small business successful. A good business owner will know how to tackles problems.

Owning your own business can be challenging. Debra Oselett knows that it takes a lot of hard work to make a business successful. Make sure you have the qualities of a successful business owner before you attempt to start one.

Debra Oselett – How To Become A Practice Manager

Debra Oselett has been working as a practice manager for several years. She enjoys her career and is thankful that she pursued the position. If you are interested in becoming a practice manager, these tips can help.

Attend College

You will need to attend college to earn your degree and obtain the knowledge needed to become a practice manager. You may want to pursue a degree in finance or accounting and focus on learning about computer programs and running an office.

Complete An Internship

After college and before you begin looking for a position as a practice manager, you may want to complete an internship. Your internship will allow you to work in the career field while still learning more about the necessary duties and requirements of a practice manager. You may be able to complete your internship while you are still in college.

Find A Position

You may need to start with an entry-level position where you work alongside another practice manager before you can move up and get a job working as a practice manager yourself. During this time, you can learn more valuable skills that will prepare you for your career.

If you are looking for a rewarding career that will keep you on your toes, consider becoming a practice manager. Debra Oselett enjoys working with people and helping practices run smoothly. The above tips can help you become a practice manager.

 

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.