Start a Concierge Medical Practice
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How We Help To Start Concierge Medical Practice
How To Start a Concierge Medical Practice
At ConsultingMDs, we provide a comprehensive suite of services designed to ensure a seamless and successful start of a concierge medical practice.
1
Viability Analysis
We conduct a thorough feasibility analysis, assessing the viability of a concierge practice in your area by considering factors such as local demographics, competition, and the potential patient base. We assist in developing a robust plan, which includes financial projections, pricing strategies, and a clear roadmap for growth.
2
Business Formation Support
We provide guidance on setting up your company structure and offer financial planning and budget management. We support you in obtaining necessary medical licenses and acquiring local permits, as well as provide insurance solutions for your practice, including business and malpractice insurance. Our services extend to real estate consideration, offering advice and resources for selecting a location for your practice, and guiding you through purchasing medical equipment and designing your practice space.
3
Regulatory Compliance
Our legal and regulatory compliance services ensure your practice adheres to healthcare laws, HIPAA regulations, labor laws, and other necessary standards. We also help develop a comprehensive employee handbook, practice policies and procedures manual, OSHA manual, and patient intake forms, as well as assist with obtaining CLIA waivers.
5
Technology Integrations
For technology setup, we provide an electronic medical record (EMR) system, recommend technology hardware such as PCs and laptops, and set up communication infrastructure, including phone, fax, and internet. We offer solutions for managing patient payments, automate patient intake processes, implement online booking systems, and set up merchant services for payments, ensuring all technology systems are HIPAA compliant.
6
Website & Digital Presence
We specialize in building a strong online presence for your practice. This begins with a custom-built website tailored to highlight your unique offerings and attributes. We assist in collecting and responding to positive reviews to enhance your online reputation and create and manage social media pages to engage with your community effectively. Additionally, we create blog posts for your website to provide valuable content to your patients and improve your search engine ranking. Our SEO (Search Engine Optimization) services ensure that your website is optimized for search engines, helping you attract more visitors and convert them into new patients.
7
Marketing & Advertising
Our marketing and branding services create tailored marketing strategies to effectively communicate the unique value of your concierge practice to prospective patients. This includes developing your brand identity, designing marketing materials, and implementing digital marketing campaigns across various platforms.
8
Operational Support
Our operational support ensures your practice runs smoothly and efficiently. We assign a dedicated account manager to your clinic who oversees the automation of critical workflows and provides ongoing support. You'll receive a free customized EMR system, a no-cost telemedicine platform, and online scheduling for patients. We also optimize staff roles, offer staff training, manage membership billing, assist with hiring, and handle conflict resolution.
9
Growth Strategies
We conduct a continuous comprehensive analysis to ensure your practice is positioned for success and offer research on additional therapies that can enhance your service offerings. Our data-driven approach includes periodic rate adjustment recommendations and growth planning tailored to your specific needs. We also assist with hiring MDs to expand your team as your practice grows.
HOW TO start a concierge medical practice
Step 1: Practice Formation
Get your practice setup in no time as we guide you through each step.
Business Formation Phase
- Company Formation
- Partnership Agreements
- Financing & Budgeting
- Medical License
- City/State Permits
- Business/Malpractice Insurance
- Feasibility Analysis
- Real Estate Consideration
- Equipment Purchase
- Interior Design
Insurance Panel Selection
- Pros and Cons Analysis
- Planning on Insurances to Accept
- Credentialing
- Ad-hoc Revenue stream
Law and Regulatory Compliance
- HIPAA Compliance
- Labor Law Compliance
- Employee Handbook
- Policies Manual
- OSHA Manual
- CLIA Waivers
- Patient Intake Forms
Staffing
- Assistance with Hiring
- Onboarding Strategy
- Salary Considerations
- HR Policies
Technology Setup
- EMR Selection
- PC/Laptop Choices
- Phone/Fax/Internet
- Credit Card on File
- Patient Intake Forms Automation
- Online Booking
- Merchant Services
- HIPAA Compliance
Risk management
- Assessment and mitigation of financial risks through insurance solutions and other strategies.
Transition to Concierge
Step 2: Transition to Concierge
After company formation, we start several tasks in parallel to establish your practice as well as start Concierge Medical model.
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