New Practice Startup
One of our clients told us that contemplating opening a new practice was akin to “flying to the moon.” They knew it was humanly possible but did not know where to begin.
Even though we love that analogy, we offer a different perspective: Opening a new practice is like making a cross-country road trip. It’s probably not something you would do on a whim but is definitely something you could plan for and carry out successfully.
Whether or not you have started a new practice in the past, a new business launch is a time of excitement, energy and not a little trepidation. It helps to have experienced professionals guiding you along the path and positioning you for success in your new venture.
Our team of professionals has successfully launched more than 80 clinics. Over many years of working with new practice startup clients, Health e Practices has developed a New Practice Startup Tool Kit and Project Plan for groups and solo physicians preparing to start a new practice.
We want all parties to know the costs in advance, so we begin by creating a complete financial pro forma suitable for financing. Once we have your approval, we then make introductions to local banks who are familiar with our pro forma and business plan format. We have a 100% success rate in securing financing for new clinic startups.
We use the new practice start up tool kit to create the roadmap and assess progress along the way. Our extensive relationships in medical real estate, construction, business insurance brokers, as well as other professional resources for new practice development help you thrive.