Provider New Practice Start Up Services
Want to start you own practice? Don’t know where to start?
We can help!
We have helped numerous physicians all across the country with their medical practice start-ups. The key is tapping into our proven experience of understanding the process and overseeing the multitude of details that are necessary for the successful start-up of a new medical practice. You can have a list of things to do, but it is important to understand that some tasks are prerequisites for other tasks.
Getting priorities out of sequence can result in significant delays of your medical practice start-up.
Providers often think they can save a few dollars with a do-it-yourself start-up approach to their medical practice. What they don’t understand is that while saving a few dollars on the initial costs, they have cost themselves literally tens of thousands of dollars over the next few years because of their lack of understanding what was really important and necessary in the start-up of their medical practice.
If they failed to get credentialed with the right carriers and were unable to see two additional new patients per day for the next three months, they have lost thousands of dollars at the start-up of their medical practice. If, with the right marketing plan, they could have been seeing three more patients per day for the first two or three years of their practice, they have cost themselves tens or even hundreds of thousands of dollars. So did they really save by doing it themselves?
Not only do we know what needs to be done for your medical practice start-up, but we know how to do it most effectively and most efficiently. What is even better is that we will work with you after the initial medical practice start-up in order to help you move the practice forward at a rate far faster than you can by yourself. From a “quality of life” perspective, how important is it to you to quickly grow from the start-up of your medical practice to the extent that you can justify bringing in a partner or a mid-level provider to take some of the pressure?
Proforma, Business Plans and Marketing Plans
To avoid having any surprise cost or roadblock it is essential that you have a comprehensive business plan and proforma. Our medical consultants analyse many key areas to ensure you can open your practice with minimal problems.
Some of key areas we address:
- Attainable Growth Projections
- and More…..
Finding a location is one the single most important decisions for a provider to start their practice. Based on the type of provider we can offer all or in part the following services:
- Demographic Research
- Insurance Research
- Contract Review
- Contract Negotiations
As a provider starting a new practice your mind will be in many different places. Let one of our dedicated credentialing specialist get you credentialed with Medicare, Medicaid and all the commercial carriers.
- We provide you with weekly Credentialing updates.
- Our staff is experienced and seasoned in the Credentialing process.
- We are a very affordable option for you and/or your practice
This process takes 3 – 9 months for completion.
Some Medicare carriers will NOT accept the provider’s application more than 30 days in advance.
The Medicare enrollment applications were recently updated. Using the wrong version will cause your application to be DENIED!
Capital Equipment Negotiations
Let our experience work for you!
Our new practice start-up consultants know the going rate for most medical office equipment and can help guide you toward qualified vendors.
We can help you set up a new office or reconfigure your existing office so it is more optimized and efficient. We understand what medical offices need to succeed!
Policies and procedures
EHR / PM system selection, implementation and training
Furniture, computers, phone systems, etc.
Helping you hire staff and manage your personnel can be overwhelming. Here are just a few ways we can help supplement your HR department?
- Hiring staff
- Employee handbook
- Establishing policies and procedures for medical offices
- Job descriptions
- Office training
- System set-ups
Consolidated MD’s medical office training keeps your medical offices running efficiently and cost effectively now, and in the future. Our medical office training is accompanied by manuals to back up individualized training programs. Our medical office training is created for each practice and we understand that not all medical and dental practices operate the same so we develop training based specifically on your office situation.
Revenue Cycle Management
Medical billing is a function that is crucial to any medical practice. More practices have run into trouble because they neglected the financial part of their practice. It used to be normal for either the provider to handle this himself or just hire someone to come into his office and take care of this either full time or part time. But things have changed drastically over the years and it is simply not practical for most provider to take care of the medical billing and coding themselves or hire someone who is not trained for this.
Marketing Services & Advertising Production
Medical marketing isn’t just for new medical practices, but have included them in “New Practice Start Up Services” because we can help you set up systems and proven marketing strategies at the start of your practice, helping you accelerate your quality patient lead generation initiatives sooner through a multi-pronged marketing approach and strategic lead funnel conversion techniques. Practice Branding and Corporate Identity include the following creative and production services:
Keep in mind that unlike many other ad agencies that will approach you, Consolidated MD has specialized knowledge about medical groups and practices! After all, we’re also medical practice consultants!
- Logos and brand identity for medical practices
- Business cards
- Patient Information
- Website Design and Development
- Digital marketing and web marketing automation
- Video Production (YouTube, Infomercials, TV and more)
- Patient Testimonials
- “Get to Know Us” Top Docs Talk
- Procedure and Surgery Overviews and Walk-Throughs
- Photography – Head Shots for practice, LinkedIn, Facebook etc., Location(s) and office staff
- Medical Marketing Consulting