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Insurance Types Needed for a Medical Practice

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Types of Commercial Loans for Buying a Medical Real Estsate

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Medical Billing Company to the Rescue!

Unlocking the Mysteries of Medical Billing

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Group Practice vs Hospital

Build Or Buy: In-House Medical Coding Vs. Outsourcing

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What Is Practice Legacy Planning?

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Group Practice vs Private Practice

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The Mystery Of Medical Transcription

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How To Choose A Medical Billing Company

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Retirement And Estate Planning For Physicians

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How to Find a Medical Legal Firm

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The Best Software for Doctor’s Offices

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The Mystery Of Doctor Credentialing

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Private Practice vs Hospital

The Mystery Of Medical Transcription

In-House Human Resources vs Outsourced

What is HIPAA Compliance?

Long-Term Care Insurance

HIPAA & OIG Compliance Plans

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Capital Funding Needs: Pre-Opening, Opening

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Medical Office Structure, Layout And Design

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HITECH Act of 2009

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What Is A Marketing Mix?

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The Mystery of Doctor Credentialing

Build Or Buy: In-House Medical Coding Vs. Outsourcing

HMOs vs PPOs

What Is A Merchant Processor?

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Types of Commercial Loans for Buying a Commercial Condo

What Is A Commercial Condo?

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Setting Up a New Practice

Setting up a new medical practice is a big, exciting job! One that every private practice professional has faced. You may be feeling a bit overwhelmed when thinking about all the different areas of your business that need to be established. The most important part of setting up your new practice is planning ahead. Before you dive in and start signing contracts or applying for financing, it’s important to have a broad overview of what you’ll need.

Every new healthcare practice needs:

  • A strategic business plan
  • A clear-cut budget
  • Legal and financial support
  • Insurance
  • Credentialing
  • Facilities
  • Staffing

While it may feel like you’ve been buried by a mountain of to-do’s, starting a new practice can be a clear-cut, smooth, even enjoyable process. The key is planning and proper education about exactly what you need to do, and when.

To learn more about practice setup, finance, billing, insurance, coding, outsourcing…everything a health care provider need to succeed, join DoctorsBusinessNetwork.com or visit Doctors Business Channel on YouTube!

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