Start Your Own Medical Practice With an Income Guarantee
Physician income guarantees have many benefits to both the physician and the hospital or group recruiting you. TriCPS is experienced in matching physicians with hospitals, negotiating complex contracts, and setting up new practices from inception.
TriCPS can help you:
- Review your hospital financial proforma to determine if you’re receiving a Collection Guarantee or an Income Guarantee.
- Ensure all financial needs are being met and determine if additional allocations need to be negotiated for particular line items.
- Determine what type of entity to incorporate. Every situation is different.
- Plan for tax concerns that accompany physician income guarantees, which can have a major effect. These are sometimes difficult to comprehend.
- Certify proper protocols are in place to ensure prompt payment of your physician income guarantee on a monthly basis to maintain a healthy cash flow.
- Assist in researching and choosing what EMR system will be best for the long-term interest of the practice.
- Create a timetable for insurance credentialing.
Why Do I Need a Physician Income Guarantee?
Doctors can enjoy unlimited earning potential that is not available under a salary arrangement, as well as increased autonomy and flexibility over their medical practice. Grow your practice based on your unique needs and goals.
Call TriCPS today! 800-432-2270