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Financial Forecasting: Development of a multi-year financial projection to provide a comprehensive overview of practice finances, including initial costs and revenue projections.
Business Plan Outline: Preparation of a summary business plan aimed at securing startup financing.
Financing Assistance: Leveraging established banking relationships to facilitate loan approvals and secure favorable financing terms.
Project Planning and Management: Customized timeline creation and step-by-step guidance through the setup process, including regular progress assessments.
Infrastructure Setup: Assistance with setting up essential services such as telecommunications, IT, marketing, and medical billing.
Regulatory Compliance and Staffing: Guidance on compliance with health regulations, staff recruitment, and training.
Practice Management: Development and implementation of practice management strategies including equipment selection, insurance analysis, and vendor negotiations.
Financial Monitoring: Monthly reviews and reports on financial performance to ensure the practice remains on target with its financial goals.
Continued Advisory Support: Ongoing access to expert advice to refine operational strategies and address emerging challenges.
“Having never had my own office, they walked me through every aspect including but not limited to; financial planning and fund acquisition, pro forma completion, equipment needs and purchasing, health care law and requirements, employee training, patient flow, and so much more.”
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