Practice Start Up

Starting a new physician practice can be a daunting task. Healthcare Strategy Group can help to make the process more manageable, so that in a shorter time you’ll be obtaining positive cash flow and greater physician satisfaction.

Front-end discussions will define practice goals, from which we’ll develop a two-year cash flow analysis. This analysis will be the basis for start-up cash requirements and can also be used to determine the appropriateness of income guarantees for recruited physicians. In addition, we’ll look at the legal requirements, tax structure, facility and equipment needs, workforce salary and benefit programs, physician compensation, obtaining provider numbers, managed care contracts, prevailing fee schedules, office setup requirements, and the like. In short, you’ll not need to be concerned that a critical start-up consideration has been overlooked.

For more information, call Kathy Rhodes, Senior Consultant, at 502-814-1184 or Martin Shehan, Senior Consultant, at 502-814-1191.