Your practice will offer a premium experience for patients who elect to pay out-of-pocket for their healthcare. For you as a physician, opening up a concierge practice gets you into a rapidly expanding market, provides the ability to practice medicine without the onerous constraints of insurance based care, and can act as passive income that can be financially rewarding. For the patients it allows for more personalized care, reduced wait times, and outstanding patient-centered care and service.
We will create a 3 year financial pro-forma plan based on the treatments / service / care that you provide. This gives you insight into the financial potential and costs of opening a concierge practice.
From recruitment to compliance, we handle all HR functions, ensuring your staff is supported and engaged. And yes, we will handle terminating employees when it is necessary to do so.
Our team ensures your practice complies with local and national regulations, licensing issues and industry standards, protecting you from potential liabilities while maintaining a secure, efficient, and legally sound environment for your business.
Once again, if it isn’t medicine, you don’t have to do it. We provide transparent and excellent accounting of the practices finances 24x7. And at tax time you will be delivered the practice’s returns on time and accurate.
We take charge of every operational detail involved in running your practice, from planning and launching to the administration of the day-to-day ongoing management. This way, you’re free to concentrate fully on what matters most—providing exceptional care to your patients.
Acquiring new patients in a private-pay setting is quite different from insurance based medicine and requires expertise in direct-to-consumer branding and marketing. We are experts in developing profitable revenue opportunities and executing a marketing strategy to successfully and cost effectively gain new patients. Furthermore we have a robust CRM software that allows the practice to communicate / market to both potential, current and former patients effectively.
Our team will assist in getting you licensed in additional jurisdictions to facilitate your practice plan or practice growth.
We provide technology support and implementation services, helping you leverage systems to improve efficiency and patient care. Whether it's implementing new software tools or updating old systems, we will run the practice with the most efficient tools.
Many doctors open concierge practices in addition to their main insurance-based practice in order to offer treatments and services that insurance companies rarely or never reimburse for such as aesthetics, hormone replacement therapy, medical weight loss, anti-aging, etc.
Do you get frustrated with the insurance billing and pay out structure and wondering how much you will be paid for your work? Private-pay models offer straight-forward pricing structures that allow you to have reliable revenue forecasting.
Depending on the specialty, our team will fully staff an office of providers working under you to maximize your free time and revenue. Or if you want (or need) to be hands-on everyday treating, all the better for your patients and the practice.
Reach out to us today! Whether you have questions, ideas, or need assistance, we're here to connect and help.
We empower physicians to own their practice without the burdens of management
The Doctor Practice
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