BENEFITS OF BUYING IN BULK FOR YOUR MIDWIFERY PRACTICE
Buying products in bulk is far more reasonable than paying actual retail prices. It allows you to purchase the huge number of products at a fraction of the “normal” cost. When you purchase in large quantities, you can choose from a broad variety of items from all the leading companies. Your business will be super successful if you can buy bulk stuff. Keep reading to learn how bulk purchasing benefits to your business. 1. It Is Cost-Effective When you purchase a product in bulk, you are always saving money on each of that product. This is one of the big advantages of this type of purchasing. This might result in a difference of few pennies, but if it’s an item you buy more frequently, then those pennies add up rapidly. For example, midwives buying amnihooks, underpads, medications, IUDs like Mirenas and Paragards can also negotiate for a profitable deal that boosts up their business. Even if your practice is smaller scale, talk with your community affiliated midwives to create a bulk buying fund for items that everyone already buy and can save as a group purchasing together. Talking about the delivery charges, buyers don’t have to worry much about shipping costs as they are just paying one time for a huge amount. 2. It Saves Time Buying products in bulk saves a lot of your time. For instance, instead of repeatedly giving each t-shirt details individually and ordering them separately, buying in bulk allows the buyer to place a single order at one time with all the details. Buyers do not have to fill out the order forms again and again. This not only saves time but also makes it much easier to order. 3. It Is Profitable It is essential to achieve a high profit for small business owners. One main benefit is getting the product at a cheaper price and reselling it at a price that gives the highest profit margin. Customers are attracted more towards the cheaper price products, which means that the owner will receive more sales. Whenever you purchase an item you need for a fraction of the costs, it only increases your bottom line and more funds kept your business and personal “pockets.” There is a reason that private practices are being merged with larger health care organizations to tap into higher bulk buying and increased power for insurance negotiating power. 4. It’s Environmentally Friendly Most bulk purchases have considerably less peruse of packaging than smaller purchases. Many supplies are covered in one plastic wrap layer, whereas individual smaller packs have more plastic covering. Less deliveries to your practice for supplies, less gas and human labor needed to transport your midwifery supplies. So, delivering in bulk also works great for our environment. 5. It Is Consistent Another advantage of bulk purchasing is that the vendors sustain the quality of the product. Buyers do not have to worry much about the quality of the purchased items, as the entire order is produced and delivered at the same time from the same place. When you buy products in bulk is important to choose the company that is best suited to you and which provides excellent customer service. It might be time-consuming to find the right product from the right company, but your hard work surely is rewarded in the future. Furthermore, buying in bulk works best for businesses that have plenty of storage space and a good maintenance system. Reference: https://alldaychic.com/buy-in-bulk-benefit-for-business/
Benefits of Billing Insurance for Midwifery Care
Billing insurance for midwifery care can offer several benefits for both midwives and their clients. Here are some advantages: Financial Accessibility for Clients: Billing insurance can make midwifery care more financially accessible for clients. Many individuals have health insurance coverage that includes maternity care, reducing the out-of-pocket expenses for families. Increased Client Base: Accepting insurance can attract a broader client base. Individuals who have insurance coverage may be more likely to seek midwifery care if they know it is a service covered by their insurance plan. Professional Credibility: Accepting insurance may enhance the professional credibility of midwives. It can demonstrate that midwifery services are recognized and accepted within the mainstream healthcare system. Financial Stability for Midwives: Billing insurance can contribute to the financial stability of midwives and their practices. It provides a reliable source of income, helping midwives sustain their practices and continue offering quality care. Streamlined Billing Process: Working with insurance companies can streamline the billing process. Instead of relying solely on direct client payments, midwives can submit claims to insurance providers, reducing administrative burdens. Reduced Financial Burden on Clients: Insurance billing can help distribute the financial burden of midwifery care more evenly between clients and insurance providers. This can be especially beneficial for clients who may face financial challenges. Collaboration with Healthcare System: Billing insurance allows midwives to collaborate more seamlessly with other healthcare providers and facilities. It can facilitate the sharing of medical records and information, leading to more integrated and coordinated care for the client. Professional Growth Opportunities: As midwifery becomes more recognized and integrated into mainstream healthcare, accepting insurance can open up opportunities for professional growth. It may lead to increased collaboration with hospitals, healthcare networks, and other providers. Improved Access to Resources: Insurance billing can provide midwives with access to additional resources and support. This may include reimbursement for certain equipment, supplies, or continuing education opportunities. Insurance Verification and Preauthorization: Billing insurance often involves verifying coverage and obtaining preauthorization for certain services. This process helps ensure that clients understand their insurance benefits and that midwives are aware of any limitations or requirements. While there are benefits to billing insurance, it’s important for midwives to be familiar with the specific regulations, requirements, and limitations of insurance coverage for midwifery services in their region. Additionally, the decision to accept insurance should be carefully considered based on individual practice goals and the desire to balance financial sustainability with the goal of providing accessible care.
Benefits of Athena Health EHR System for Midwifery Business
I want to start this post with stressing I am not getting paid by Athena Health to write this post. I have used many electronic medical record systems over the last fifteen years. I have used Cerner, Centricity, Epic, Maternity Motherhood, Athena Health, Allscripts, eClinicalWorks, GE Healthcare, and MEDITECH. I have found Athena Health to fit all the needs of a midwife (customizable charting system to unique midwifery needs, billing insurance claims within your EMR system, auditing systems, patient portal, customizable scheduling systems, patient reminder options, statements, payment directly to the system versus office, and so much more! The patient reminder calls and patient payment options can be a real, professional person or automated (depending on your needs and desires for the practice). The best part about Athena is the understanding of small private practice needs. The cost to start up is minimal compared to other large EMR systems and a flat monthly commission from funds received. It is affordable. There is a big different when an EMR system is being paid on successful patient payments versus flat monthly rate. If we don’t get paid as midwives, they don’t get paid! Athena Health has phenomenal customer support while you are getting going and growing your practice. They help with credentialing with insurance companies (you can choose to be in or out of network), add birth center facility charges for your birth center, and help keep an “eye” on claims with you. We work as a team to chart notes, select best diagnosis codes, order recommendations for diagnosis looking into, and claim submissions. This system will not submit a claim if there are errors on the claims and gives easy to understand tips or contact information for support services if trouble submitting orders or charges. Referrals are a breeze! I can fax my specialists like Obstetricians or Pediatricians whatever portion of the chart I desire and keep an electronic record of that interaction. Labs, ultrasound results, and other tests can be automatically faxed to the Athena system and placed within patient’s chart for midwife to review. Patient portals are great to interact electronically being HIPAA compliant instead of using text or emails. The patients can be more accountable with their own health care by seeing test results same time as the midwife, send messages to the midwife that now become part of the recorded chart to respond to, and link educational tools for each gestational age of the pregnancy. I have saved so much time and money using Athena Health for independent midwifery care compared to other EMR systems.over the years. There is no pressure to talk with a representative in your state and attend an interactive tour of the system. Please connect with Athena Health today and mention Midwifery Business Consultation recommendations helped you look into their amazing EMR system.
BENEFITS OF WORKING WITH A SLEEPING CONSULTANT
Sleep Consultant Midwives care for families in the prime time of life when sleep is essential to promote bonding, breastfeeding success, and better outcomes. Sleep consultants are an excellent resource for midwives to either refer to or add as part of their core midwifery staff. It would be looked at similarly to doula services for birth. Postpartum sleep and breastfeeding support should also go hand in hand. Sleep consultants specialize in helping families with whatever stage of child sleep support they are looking for. I always strive to give tips for improving outcomes in the community and ancillary services that can be added to midwifery practices for increased profitability. Pediatric sleep consultants are in growing demand, and midwives can definitely add this amazing profession to their skillset or referral basis in the community! Below are some of the benefits of a Certified Pediatric Sleep Consultant: Guidance The amount of information there is about baby sleep can differ and can often be overwhelming to clients. They may be spending countless hours reading information about baby sleep on the Internet, reading sleep books, or speaking to friends and family members. Sleep consultants will help assess the baby’s behavior and temperament, analyze sleep patterns and environments, and provide expert, unbiased feedback. Furthermore, sleep consultants understand and respect parent’s comfort levels and parenting styles, therefore providing them with a customized client experience. Upon assessment, a sleep consultant will create a sleep plan and recommend techniques and methods to guide the mother and baby to create healthy sleep habits. The Best for Mother and Her Child Sleep helps babies grow and mothers stay sane! Sleep helps the body rejuvenate lost cells, allows for proper brain development, and stimulates growth. Studies have shown that babies who sleep well throughout the night have higher cognitive scores and increased academic success. Also, mothers get great benefits from getting more restful sleep, including a reduced risk of infection, improved bonding, and a lower risk of mental health conditions like postpartum depression! Restful Sleep for The Entire Family A pediatric sleep consultant will help you guide your baby to become independent sleepers for naps and night sleep. If your baby often has short naps and wakes frequently in the middle of the night, independent sleep skills will teach them to consolidate their sleep cycles and sleep long stretches (up to 12 hours straight when they no longer require night feeds!). Success A pediatric sleep consultant will resolve the child’s sleep challenges, and the family can quickly get better sleep patterns in place. Parents will no longer feel sleep-deprived and will better understand what their baby’s needs are. Parents will gain the knowledge behind the science of sleep and be provided with resources to help them through any bumps down the road. The benefits of good-quality sleep for the baby are endless! It is never too early or too late to create good sleep habits for the entire family. A pediatric sleep consultant will ensure the baby is well-rested, which will ease the difficulties and challenges of parenting. Have you considered becoming a sleep consultant to help out clients with your midwifery practice or just adding someone on the team as an amazing ancillary service to support this growing need? Sleep consultants are great for midwives and their clients who want to breastfeed babies to go to sleep naturally on their own in timelines. There are so many benefits to sleep consultants and getting one trained on your midwifery team today! The Snooze Fest Highly recommended pediatric sleep consultation certification: https://eme123–thecpsm.thrivecart.com/sleep-consultant-certification-course2
Being Thankful for your Midwifery Business
Midwifery Business I am so grateful to have my own schedule, dictate what my mission and care will be like, and how my business will morph with time. There is nothing wrong with working for a hospital or another midwife, but being a business owner has its additional perks. There are more responsibilities and accountability as a private midwife, but I wouldn’t have it any other way. Some of the many perks are getting to see my kids and husband so much more. I get to make more money than I thought ever possible. I get to meet the most amazing families choosing the alternative birth practices that I cherish and deeply admire. I get to help fight for out of hospital births and midwives all over the United States! What are you Thankful for This Year? Is it deciding to become a midwife? Deciding to stop working for the hospital and start your own Midwifery Business? Is it just living life and enjoying your well established home birth client list? I thank my supportive family all the time for letting me live my dreams of being a midwife. I wouldn’t be able to do such a good job caring for others if I didn’t have my family’s strength. My oldest son admires his mom being a midwife and wear a supportive midwife shirt anytime he can (greatest nine year old ever)! Thank your clients for choosing your services. Thank your staff for staying with you during the good and bad waves of the business start up. Thank your partner for watching the kids when you have to rush for a birth. Thank your kids for being so flexible with games and events that babies needed you for instead. Take some time to slow down life, cherish the now and little things in your life. Positive affirmations are very powerful in personal and business ventures. Be your own advocate and make a list of everything you are thankful for in your life. Midwives have a blessed calling and get to be part of birth as our income to support of our families and communities. Who has a better career than a midwife??? Check out our amazing course at https://midwiferybusinessconsultation.teachable.com
Being Proactive Versus Reactive Managing Your Midwifery Practice
Being proactive versus reactive in managing your midwifery practice can make a significant difference in the quality of care you provide, the satisfaction of your clients, and the overall success of your practice. Here’s an exploration of the differences and benefits of being proactive versus reactive: Proactive Management: Long-Term Planning: Proactive management involves setting long-term goals and developing strategies to achieve them. This includes business growth, expanding services, and improving patient care. Preventative Care: In healthcare, proactive management emphasizes preventive care and education. Encourage patients to adopt healthy lifestyles and engage in early intervention to prevent complications. Risk Management: Identify potential risks and take measures to prevent them. This includes implementing safety protocols, staying up-to-date with regulations, and conducting regular audits. Efficiency: Proactive management aims to streamline processes and improve efficiency. This can lead to better time management, reduced stress, and improved patient experiences. Continuous Improvement: Proactive managers are open to feedback and continually seek ways to improve their practice. This may involve investing in staff training, technology upgrades, or process enhancements. Patient Education: Actively educate patients about their options, procedures, and potential risks. Informed patients are more likely to make decisions aligned with their values and preferences. Anticipating Needs: Anticipate the needs of your patients and plan accordingly. This includes scheduling appointments in advance, ensuring you have necessary supplies, and having contingency plans in place. Resource Allocation: Allocate resources, such as staff, time, and funds, strategically to meet the demands of your practice and plan for growth. Reactive Management: Crisis Response: Reactive management often involves responding to issues and crises as they arise. This approach can be stressful and may lead to less desirable outcomes. Firefighting: Reactive managers may find themselves constantly “putting out fires,” addressing immediate problems but not addressing root causes. Higher Stress Levels: Operating in a reactive mode can lead to higher stress levels for both the practitioner and the staff. Dealing with emergencies on an ongoing basis can be draining. Compliance Challenges: Reactive management may result in compliance issues, as necessary protocols and procedures may be overlooked in the rush to address immediate concerns. Missed Opportunities: By not proactively planning for the future, a practice may miss out on opportunities for growth and improvement. Patient Satisfaction: Reactively addressing issues may negatively impact patient satisfaction and trust in the practice. In summary, being proactive in managing your midwifery practice can lead to more successful outcomes, better patient care, and a more satisfying work environment. However, there will always be moments when you need to react to unexpected events or emergencies. Striking a balance between proactive planning and effective crisis management is essential in healthcare. It’s important to continually assess your practice, identify areas for improvement, and make adjustments as needed to provide the best possible care to your patients while maintaining a thriving practice.
Balancing Work and Personal Life
Balancing Work and Personal Life One of the hardest things running your own midwifery practice is separating work and personal life. If you work for a hospital, you turn your pager off and clock out. When a midwife decide to start her own private practice, everything is ultimately her responsibility. Even if you hire many midwives to do birth call and take care of the patients, you are still ultimately responsibility for care and outcomes of the practice. If it is 2am and the power isn’t working at the birth center, guess who will get the phone call from midwife on call to figure out what to do with the laboring women…you! How is a midwife business owner supposed to separate from her responsibilities? How are personal life goals supposed to happen when practice needs your attention 24/7? How are simple things like sick days, kid’s musical, and vacations supposed to work out? There are ways to improve that separation of work and life, but it isn’t possible to completely separate the two. Recognize that the two have to co-exist together in harmony for versus clash. If you get a random phone call once a month versus daily, it is much easier to separate personal and work duties. I made the mistake for many years putting work and business duties above my personal life. I missed many important days in my kids lives. I pushed off expanding my family for years, because I couldn’t take maternity leave being on call all the time. I almost lost my family for not making them most important. Always remember, women want a midwife and there are lots out there. Make sure you talk with your family about how many births you want to do, certain months taking off birth call to have family vacation, and creating a good back up call plan for important dates like anniversaries, kid’s baseball games, and doctor appointments. Be comfortable with saying no to the business. I used to spend so much time making everyone else happy that I felt so much guilt if I told someone no. I tried to be 20 people in one and it caught up to me. Recognize your strengths and weaknesses and it will serve you well in running your midwifery practice. Have a good support team at work and home. Be open with boundaries and ways staff can communicate with you after hours. Make restrictions on your availability unless there is an emergency. When there is an important personal goal or arrangement, honor it unless an emergency with the office is occurring. Birth happens at all hours of the night. Create a budget that support enough staff to cover the possible waves of extra babies wanting to come. You can’t create an algorithm for birth so your midwife practice needs to have “back up plans” for almost any situation. Respect yourself and your family. They deserve to have you more than the business does. You should be in charge of your business, not your business running your life and squeezing in your family time. Always remember what is most important in life. We all want to be great midwives. Being great doesn’t mean sacrificing our loved ones and personal dreams in the process.
Balancing High Touch and High Technology in Midwifery Care
In today’s healthcare landscape, midwives face the challenge of integrating high-touch, personalized care with high technology solutions. This balance is essential for delivering quality care while embracing advancements that can enhance the midwifery practice. Here are some strategies to effectively merge these two approaches in your midwifery care business. 1. Understand the Importance of Both Approaches High Touch Personal Connection: High-touch care emphasizes the emotional and physical support that midwives provide to clients. It involves building trust, understanding individual needs, and creating a comforting environment during pregnancy and childbirth. Holistic Approach: This method focuses on the overall well-being of the client, recognizing the emotional, social, and cultural factors that influence their experience. High Technology Enhanced Monitoring: Technology can improve prenatal monitoring and postpartum care, offering tools like fetal monitors, telehealth consultations, and electronic health records (EHR). Data-Driven Decisions: High technology allows for more precise tracking of health metrics, enabling better-informed decisions for both midwives and clients. 2. Select the Right Tools Evaluate Technology Options User-Friendly Systems: Choose technology solutions that are intuitive and easy to integrate into your practice. Complex systems can hinder rather than help. Focus on Necessity: Implement technologies that directly enhance the client experience, such as appointment scheduling software, telehealth platforms, and EHR systems designed for midwifery. 3. Prioritize Client-Centered Care Personalize Technology Use Informed Consent: Ensure clients are fully informed about how technology will be used in their care. Transparency builds trust and allows for shared decision-making. Tailored Tech Solutions: Use technology to complement high-touch care. For example, send personalized follow-up messages or reminders through an app while still providing face-to-face consultations. 4. Embrace Telehealth Responsibly Use Virtual Consultations Effectively Hybrid Care Models: Offer a mix of in-person and virtual visits. This flexibility can accommodate clients’ needs and preferences while maintaining personal connections. Supportive Communication: Use telehealth for routine check-ins, but always encourage in-person visits for key milestones or when clients need more support. 5. Create a Comfortable Environment Technology Integration Incorporate Tech Subtly: Ensure that any technology used in your practice does not disrupt the comforting atmosphere. Keep screens and devices discreet during consultations. Welcoming Spaces: Design your office or birth center to prioritize comfort and accessibility, blending technology seamlessly into the environment. 6. Educate Your Clients Empower Through Knowledge Workshops and Resources: Host workshops to educate clients about the benefits and limitations of technology in midwifery care. This empowers them to make informed choices. Continuous Communication: Keep clients updated on any new technology or practices you implement, ensuring they feel included in their care journey. 7. Encourage Team Training Foster a Tech-Savvy Team Regular Training: Provide ongoing training for your staff on new technologies and their integration into high-touch care. This ensures everyone is on the same page and comfortable using the tools. Collaborative Learning: Encourage team members to share experiences and insights on blending high touch and high technology, fostering a culture of continuous improvement. 8. Monitor Outcomes and Feedback Evaluate Effectiveness Data Collection: Use technology to collect data on client outcomes and satisfaction. Analyze this information to assess how well you’re balancing high touch and high technology. Client Feedback: Regularly solicit feedback from clients about their experiences. Understanding their perspectives can help you refine your approach. 9. Stay Updated on Industry Trends Keep Learning Attend Conferences: Engage in professional development opportunities focused on the integration of technology in midwifery. This will keep you informed about best practices and innovations. Networking: Connect with other midwives and healthcare providers who are successfully balancing these two approaches. Sharing strategies can provide valuable insights. Balancing high touch and high technology in midwifery care is not just a necessity; it’s an opportunity to enhance the client experience while embracing innovation. By understanding the importance of both approaches and implementing thoughtful strategies, you can create a practice that prioritizes personalized care while leveraging the benefits of technology. This balance will ultimately lead to improved outcomes for families and a more fulfilling practice for midwives. Embrace this journey, and allow both high touch and high technology to coexist harmoniously in your midwifery care business.
Balancing Business and Clinical Excellence in Your Midwifery Practice: Strategies for Success
Achieving a harmonious balance between business and clinical care is essential for midwives to uphold high standards of patient care while ensuring financial stability and practice growth. Here’s how midwives can effectively separate and integrate business decisions from quality measures and clinical care: Establish Clear Priorities: Define your practice’s mission, values, and goals to guide decision-making. Prioritize patient safety, satisfaction, and clinical outcomes as core principles. Create a Collaborative Culture: Foster open communication and collaboration among healthcare providers, administrative staff, and support personnel. Encourage interdisciplinary teamwork to integrate business strategies with clinical protocols and patient care standards. Clinical Governance Framework: Implement a robust clinical governance framework that includes clinical audits, peer reviews, and quality improvement initiatives. Regularly evaluate clinical performance metrics, patient feedback, and adherence to evidence-based practices. Financial Management and Transparency: Develop sound financial management practices, including budgeting, revenue forecasting, and expense monitoring. Maintain transparency in financial decision-making processes to align with clinical priorities and patient care needs. Educate Staff on Dual Responsibilities: Provide ongoing education and training for staff on the importance of balancing business goals with clinical excellence. Empower staff to understand financial implications while emphasizing patient-centered care and ethical practices. Utilize Data-Driven Insights: Leverage data analytics to inform both business and clinical decisions. Monitor key performance indicators (KPIs) related to patient outcomes, operational efficiency, and financial health. Use benchmarking and comparative analysis to identify areas for improvement and innovation. Integrate Quality Improvement Strategies: Implement continuous quality improvement (CQI) initiatives focused on enhancing patient safety, care delivery processes, and clinical outcomes. Involve staff in identifying quality improvement opportunities and implementing evidence-based practices. Adhere to Regulatory Standards and Compliance: Stay updated with regulatory requirements, accreditation standards, and professional practice guidelines. Ensure compliance with healthcare laws, privacy regulations (e.g., HIPAA), and ethical standards in all aspects of practice operations. Engage Patients in Decision-Making: Promote shared decision-making with patients, involving them in care planning, treatment options, and financial discussions. Educate patients about the value of midwifery care and the importance of informed consent in healthcare decisions. Seek Professional Guidance: Consult with healthcare consultants, legal advisors, and financial experts specializing in medical practice management. Seek mentorship from experienced midwives or join professional associations to access resources and best practices. By implementing these strategies, midwives can effectively navigate the intersection of business and clinical care, ensuring a balanced approach that prioritizes patient well-being, operational efficiency, and long-term practice sustainability.
Back to Business Basics
Back to Business Basic Think about your daily routine. You might stop at a coffee shop in the morning, perhaps you work at the gym in the afternoon or go for dinner with friends in the evening. Every place that you visit and every business you connect with during that day exists because of an idea and an entrepreneur. Whether that entrepreneur comes from a family of business owners or is starting out on their own with no previous experience, running their business requires a set of key skills. But what are the skills you need and how do you acquire them? Business is about supply and demand. Midwives are in demand. An increasing number of US families are turning to midwives for their maternity care despite systemic, social, and cultural barriers. Saraswathi Vedam, FACNM, says, “We have a generation of consumers now who are socialized that they should have a voice in making decisions about their own healthcare. In previous generations, it was more normative to give control about healthcare decisions to the provider.” “Another increase in midwifery services is in people who’ve had negative experiences in birth—or have been with family or a friend and witnessed something that scared them—and they don’t want the loss of bodily autonomy,” says Colleen Donovan-Batson, CNM. When there is a demand, businesses open up and provide services consumers are looking for. Home birth practices and birth centers are opening daily all across the country. Be part of the monumental changes happening. Learn about business basics to open your dream practice! Your Key Business Skills Running a midwifery practice often requires that you become a jack-of-all-trades. It is therefore important to know early on the skills that you have and those that you will either have to learn or delegate to others. The key business skills to consider include: Strategic Management Creating a business and strategic plan for your business and making sure you stick to it What do you want your practice to look like? Basic Accounting Which records to keep, how to keep them, and how to file them. If math wasn’t your strength in high school, hire an accountant. Financial Management Where to find financing and how to manage it once you’ve sourced it Quick Books is great for midwife practices just starting out. People Management Hiring your first employee and how to manage them Midwives are only as good as the team around them. Your birth assistants, receptionists, office managers, and medical assistants are key to your success, prevention of professional burnout, and branding as the best midwifery practice in town. Marketing How to market your business through traditional channels, the web, and social media. “You can have the next best thing from sliced bread, but if no one even knows you exist, DOESN’T MATTER!” Get your name out on social media, expos, community businesses, and family outings. Talk all the time about your midwifery practice and services. Don’t be shy to brag about your midwifery talents. Sales How to complete a sale and look after your clients. Repeat customers for multiple births is much easier to care for than all new families each and every year. Happy women will rave about your kind, compassionate care. Let them cut your marketing budget in time to almost nothing. Referrals are worth their weight in gold. Operations Management Choosing and managing your suppliers. Know what inventory is needed with start-up and monthly replacement. Understand the best places to get good deals for high-quality equipment. Manage your spending wisely and use items resourcefully. Money saved is money earned! When considering the skills that you lack, there are three avenues you can take: you can hire employees who are strong in those specific areas, you can engage professional business advisors, or you can take the time to learn these key skills yourself. I personally like hiring a team of great resources rather than learning everything myself. Time is a precious resource, and I like utilizing other people’s talents to accelerate my business success. Spend the time to learn business and how to smoothly operate a midwifery practice. Your wealth will be great. Your stress will be less with preparation and knowledge. Enroll to our amazing teachable course Going Back to Basics: Midwifery Scope & Standards Going Back to Basics: Midwifery Scope & Standards