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We have an expert practice setup team, our new practice setup experts before starting the setup process, conduct thorough research to identify the specific needs and demands of your medical specialty and community you plan to serve. Most important factors include demographics, existing healthcare providers in the area, and potential competitors. We also develop a solid business plan that outlines your mission, target patient population, services offered by your specialty, and financial projections.
Selecting the appropriate legal structure for your medical practice is crucial. Common structures include sole proprietorship, partnership, limited liability company (LLC), or professional corporation (PC). Obtain the necessary licenses and permits at the federal, state, and local levels. This often includes professional licenses for healthcare providers, facility licenses, and business registrations.
Enroll in healthcare insurance networks and establish contracts with payers to ensure reimbursement for services. Credentialing is a critical step that involves verifying the qualifications of healthcare providers with insurance companies and government payers. This process may take time, it is important to start the medical credentialing process before opening your practice in any state of the USA.
Location plays a major role in revenue of your practice, so it is important to choose a strategic location for your practice based on your target patient population and accessibility. Ensure compliance with zoning regulations and Americans with Disabilities Act (ADA) requirements. Set up a functional and welcoming facility with necessary equipment, technology, and furnishings. Consider factors like patient flow, privacy, and safety when designing the layout.
Adopting an Electronic Health Records (EHR) system is essential for efficient and accurate patient care. Ensure that your chosen EHR system complies with Health Insurance Portability and Accountability Act (HIPAA) regulations to safeguard patient information. Train your staff on proper EHR usage to maximize its benefits.
Build a competent and dedicated team to support your healthcare practice. Recruit qualified healthcare professionals, administrative staff, and support personnel. Provide thorough training on practice protocols, patient care standards, and compliance requirements. Foster a positive and collaborative work environment.
We have an expert digital market team, our team will develop a comprehensive marketing strategy to attract patients to your practice in your selected locations. We use online and offline channels, including social media, search engine optimization (SEO), and traditional advertising strategies to increase your practice revenue. Build relationships with referring physicians, community organizations, and local businesses. Consider offering promotions or wellness programs to engage the community.
Stay updated on federal, state, and local healthcare regulations to ensure ongoing compliance. Implement protocols for billing, coding, and documentation that adhere to industry standards. Conduct regular audits to identify and address any compliance issues promptly.
Stars Pro® Medical Billing inventive model is one of the fastest growing physician practice communities in the United States. We are dedicated to lashing change in the medical community by providing progressive, state-of-the-art solutions. Through our Channel Partnerships.
