What are the first steps you should take toward opening your own medical practice? This module will help you get the ball rolling and develop your timeline for the project.

• Timeline
• Entity formation
• Insurance
• Credentialing

A solid business plan is a must-have. It is typically inclusive of a market analysis and financial viability study, and it can be used to help you narrow in on a location and obtain financing.

• Market Analysis
• Financial Projections

Should you rent or buy? What’s important in negotiating a lease or purchase agreement? What are the steps to building out or fitting up a medical office? This module will give you the building blocks for your physical location.

• Lease/purchase negotiations
• Design and build out

Success in private practice depends upon efficiency. You need the right layout, technology and staffing model to optimize your ability to deliver high quality care while generating revenue.

• EHR/PM
• Billing/RCM

The marketing lift for a practice can vary depending on location, established patient base, specialty/services offered, and more. What are the best and most effective strategies to market your practice? What’s a reasonable budget?

• Branding
• Marketing
• Advertising

Ordering supplies may not be the most exciting part of opening a new practice, but it’s important to be thoughtful with equipment and supply purchases and connect with the best vendors.

In this module you will get help with establishing the HR infrastructure for your practice as well as tips for recruiting and retaining qualified employees. Staffing is one of the biggest challenges associated with owning your own business, and setting the HR groundwork from Day 1 is essential.

• Defining staffing needs
• Job descriptions
• Employee Handbook
• Performance evaluations

This module provides an overview of compliance for medical practices. Specific requirements for your practice will depend on location and services offered, but we will cover the basics of:

• HIPAA
• OSHA
• CLIA

This tool has helped thousands of Doc Modern clients secure financing for their practice startup projects.  It will help you develop realistic revenue projections and cost estimates to determine how much capital is required to get your business up and running.  The pro forma workbook includes a three-year cash flow analysis and a comprehensive estimate of pre-opening expenses. 

An employee handbook tailored to physician practices is a vital tool that provides clear guidelines and expectations for staff, ensuring consistency in workplace policies and procedures. It helps maintain regulatory compliance, promotes a safe and efficient working environment, and fosters employee understanding of their roles and responsibilities.