You’ve decided to seize the reins of your future by opening your own medical practice. Congratulations!
There are quite a few benefits to running a medical or dental practice. You can set your own hours, be your own boss, and focus on specific areas of health care. Many physicians operate successful businesses in the Miami and Fort Lauderdale area.
But chances are, you are a doctor – not an MBA. You probably don’t have the skills or knowledge to handle the wide variety of moving parts that comes with starting a medical practice. That’s where TriCPS can help.
Before You Begin Accepting Patients…
Whether you want to create a solo practice or join an existing medical group, TriCPS can provide you with medical consulting services that can help guide you through the processes, procedures, and regulations that must be addressed before you can open your doors to patients. For example, TriCPS can help you formulate an initial business plan that establishes your financial, management, and marketing goals. You’ll also receive assistance with obtaining startup capital, setting up billing and collection procedures, and selecting the ideal business and accounting software for your practice needs. Most importantly, TriCPS can help you secure the licenses and permits required by federal, state, and local regulatory bodies.
What Makes a Medical Practice Successful?
It’s a sad reality that most new businesses fail within a year or two. That’s where the expertise of TriCPS can give you an advantage. TriCPS is highly experienced in physician practice management, and has helped numerous medical practitioners start their own businesses successfully.
The staff at TriCPS can help you:
- Incorporate your business
- Negotiate lease agreements for office space
- Locate vendors and negotiate contracts with them
- Conduct demographic studies for your chosen health care and geographical area
- Obtain your insurance credentials
- Secure bank lending and financing
- Staff your practice
- Identify your tax obligations and calculate your taxes
- Manage your accounting and payroll
- Manage your accounts payable
- Provide monthly reports and management analyses
Therefore, if you want to start your own practice, you don’t have to go it alone. TriCPS can be there to assist you every step of the way, so you can focus on what you do best: providing excellent health care for your patients.
Before you begin the process of opening up your own practice, contact the health management consultants at TriCPS for a free one-on-one consultation. You can call us at 954-351-0336 or contact us online.