The Issue. Nurse practitioner clinics are popular approaches to healthcare delivery. Opening a clinic requires nurse practitioners, physicians and entrepreneurs to balance medical care with the business of medicine — details many health care providers are unfamiliar with.
Why It’s Important. Operating a profitable and compliant health care facility requires a solid plan at the outset that considers potential legal challenges, tax laws, human resource policies, risk management, state regulations and a myriad of other issues. Taking the right steps at the beginning will ensure the day-to-day focus can be on patient care, rather than business operations.
Short Answer. This podcast features the key steps a health care provider will need to take to open a nurse practitioner clinic. Learn the differences between various corporate structures and what to think about when deciding on a payment model. And, understand how the scope of your practice could be determined by state laws and regulations. Finally, identify a team of professional advisors which is an important first step in developing a business plan; they can become an indispensable resource for you.
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By Brouse McDowell, Nurse Practitioner Clinics: An Alternative Approach to Health Care on Lexology.com