Debra Oselett - Medical Practice Inventory Controls

For Debra Oselett, an experienced medical practice administrator in Rochester Hills, Michigan, and other successful office managers, inventory control, especially the internal variety, is essential to running a profitable and prominent medical practice. A medical office’s investment in inventory is significant, and as such, it must be monitored, managed, and protected at all times.

There are a few key steps that the medical practice administrator takes in the inventory control process. First, the administrator must make sure the area holding the inventory is secured properly, whether the inventory is physical or digital in nature. Inventory must be organized, counted, and inspected thoroughly to avoid future discrepancies and issues with the products in question. Of utmost importance involving physical inventory is the need for it to be correctly identified and tagged.

Administrators should also keep accurate records of inventory that has left the office. Accurate inventory is vital. There are a number of different tools and software that can aid with inventory calculating. These applications and programs help store the inventory data safely, and organize it to make the data easy to find and access. Standardized record keeping will help the administrator record what merchandise has been used or purchased and is no longer present in the facility. All inventory that leaves the office should be signed for, and a record of responsibility established for the removal of that product. For the construction of any inventory product, the administrator must produce a bill of materials. Keeping regular audits of any bills of material is necessary, and any access to the bills of material records should be kept safe via password-only access in the office’s computer system.

Smart medical practice administrators will also conduct regular inventory reviews, especially to identify and remove obsolete inventory. This type of inventory can cost a medical practice significant money for storage that could be better used for inventory that is being moved more frequently. Prudent office administrators will also engage their staff in helping to keep inventory records clear and accurate. For obsolete inventory, a medical administrator may choose to create a materials review board from her staff to regularly look through inventory records for any anomalies or errors, and to determine what products should be kept or sold off entirely. The office staff can also assist in smaller, more frequent counts of inventory stock, and call attention to any discrepancies they may find. The inventory accuracy will be, with time, greatly improved by these staff-oriented methods.

Skilled, qualified medical practice administrators, like Debra Oselett, are careful to make sure that the practice’s inventory records are accurate. The medical administrator needs to be thorough, investigatory, and willing to engage staff in developing an inventory records process that will be to the benefit of the office.

Source: http://www.accountingtools.com/inventory-internal-controls

Debra Oselett - Tips For Learning To Use Accounting Software

Debra Oselett has worked with many different kinds of accounting software over the years. Like most people, she has her favorites. If you are trying to learn how to use a new type of accounting software or are using accounting software for the first time, these tips can help you to understand these types of software more easily.

Take A Class
Some software programs can be complicated and the best way to master them is to take a class that covers them. You can find courses in local libraries, through your employer or even at community colleges.

Watch An Online Tutorial Video
If you don’t have time to take a class but need to learn how to use the software quickly, you can check for online tutorials. You can watch these tutorial videos and follow along at your own pace. Tutorials videos are also good for teaching you how to do one certain thing in a software program.

Trial And Error
One of the best ways to learn how to use any type of software is to take the time to play around with it. No matter how many classes you take or tutorials you watch, you won’t be able to use it yourself until you practice with it.

If you are going to work with accounting software like Debra Oselett, you need to learn how to use it. Once you learn how to use one type of accounting software, you may be able to pick up other types much more easily as well.
​

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 - Volunteering With Meals On Wheels

Debra Oselett has always enjoyed helping other people. When she isn’t busy working as a practice manager, she can be found volunteering with the Meals on Wheels charity. Volunteering with this organization is a great way to help other people.

Find A Charity

There are many different Meals On Wheels charities in the country and there is likely one close to you. Do some research to find out which organization is closest to you and what area they serve.

Find The Time

You should be able to volunteer a few hours a week to help with the charity you choose. Check your schedule to see which days work best for you. The charity will benefit from someone who can be consistent so try to do so if at all possible. You may even want to create a small schedule to help you keep track of your volunteer time.

Find A Role

What can you do to make the charity or organization more successful? You may have certain skills that can help the people who work at Meals On Wheels. Once you have found a charity to work with, ask them what you can do to help and let them know about your skills and strong points.

If you are looking for a way to help other people in your community, you may want to consider volunteering with the Meals on Wheel organization. Even volunteering just a few hours can make a big difference.

Debra Oselett - The Changes Medical Practices Currently Face

Debra Oselett started working as the practice administrator of a private medical facility in Rochester Hills, Michigan in 2008. She founded her own accounting firm after completing her studies in accounting at Oakland Community College and worked to help small businesses maintain their records. Debra Oselett is experienced in using both Peachtree/Sage, and QuickBooks accounting software. Here are some important changes medical practices are currently facing.

Preparing for the Future

In the last few years, there have been several changes in the healthcare sector in the United States. As the country’s baby boomers come of age, the pressure has fallen on the hospitals to meet the ever-growing demand. At the same time, while working hard to meet the demand of the population, hospitals are facing challenges in how they are paid. Compensations are moving from a fee-for-service system to a system that is based on results and quality of care provided by the hospital. With patient satisfaction playing a crucial role in the way medical practices are paid, practice administrators are making it a top priority to ensure patients are fully satisfied.

To cater for their patients, hospitals are going all out to ensure they create an environment that attracts more clients. With studies showing that more women than men make healthcare decisions in the family, one hospital recently built an 18,000 square foot center with spa-like robes and atmosphere to attract more clients. Another children’s hospital has built a huge facility that includes an all-grade school for inpatients, play areas, and therapeutic gardens.

This puts a huge responsibility on practice administrators to find ways to make the practice a success. Debra Oselett constantly sits down with key players in the practice to discuss upcoming improvements to the medical practice.
​

Debra Oselett - Simple Accounting Tips for Small Businesses

Debra Oselett studied accounting at Oakland Community College and later founded her own accounting firm. She managed her firm for ten years and helped small businesses manage their accounts. She is well acquainted with both Peachtree and QuickBooks accounting software and knows how important it is for businesses to maintain proper accounts records. Debra Oselett has several years’ experience in working with small businesses helping them maintain their records. Here are some simple accounting tips for small businesses.

Keep it Separate

If you have just started a new business, you must ensure to keep business expenses separate from your personal expenses. Do not try to pay for personal things with your business credit card and then balance things out later, if you try to do this, you will end up in trouble. Though there is some accounting software that can account for crossover expenses, it is recommended to keep business and personal finances separate.

Hire a Professional

It might be better if you hire a professional accountant to handle the accounting work in your business. While you can do the books yourself, it would be easier to let a professional handle the job and you can focus on building your business. An accountant will most certainly find deductions and keep you penalty-free. You can save yourself a lot of stress and trouble by having a professional handle your accounts.

Debra Oselett managed her accounting firm for ten years and helped several small businesses manage their accounts.

Source: ​http://www.forbes.com/sites/theyec/2012/10/24/5-simple-tips-to-keep-your-small-business-finances-in-order/#78e935b01a80
​