Benefits of Our Credentialing & Start-Up Services
Many therapists become interested in opening up their own private practice at some point in their career. While this is a great move, there are a lot of factors that need to be considered to ensure everything runs smoothly. We work with the your group to ensure every I is dotted and t is crossed and that the foundation of your business is built for long-term success.
Foundation & Vision
When you invest in quality start-up services, you can rest easy knowing that you will be starting your entity on a firm foundation. One of the unfortunate truths of therapy start-ups, is that a majority of the practices do not last beyond the five-year mark. Most, if not all, possess an excellent vision of what they want their practice to look like in five years but most do not possess the expertise on the administrative side to see this vision come to fruition. There are exceptions, but the vast majority of practice start-ups need some help laying a strong foundation. That is what our company specializes in. We take the guess work out of some of the most critical early decisions that you’ll face. We also help expedite the entire process to help prevent the all-too-common problem of opening your doors without a patient to see or without an effective date with the major insurance companies.
We Work Within Your Budget
For most new practices, there is not a lot of reserves to help aid the practice when starting out. aThis leads them to borrow a lot of money from a bank which feels good initially but only lasts until that first bill comes in. We prefer to work with the organization on creative solutions to the start-up costs, and can typically get a practice off the ground with everything they need for less than 20k depending on the size of the company. You want to spend money in places that will actually make you money, not on brand new equipment or expensive computers in every room. If you do need some start-up funds, we work with lenders that specialize in medical practice start-ups.
Download Free Start-Up Checklist