Establishing a New Practice
Do you know what steps to take one, four or twelve months before establishing your new practice? MPC can help you navigate the unknowns by setting-up leases, calculating cash flow projections, arranging for working capitals loans, hiring attorneys, and making sure the practice has the correct state and federal licenses. MPC will also assist in figuring out whether the practice should be an HMO, a clinic, an established group, a start-up group, a multi-specialty, a single specialty, a partnership, or a solo practice. This will support contacting a third party reimburser to see what their requirements are. Using the correct method to establish a practice is the difference between success and failure. MPC effectively helps launch new practices and offers guidance to bring organizations back from the red into the black.