Realize Your Vision With Private Practice Consulting

There really is no substitute for holding the reins. As a private practice owner, you have the ability to build a business that reflects your own creativity, vision, and goals (not someone else’s). You are able to customize everything, from the customer service procedures to the color of the carpet.

With this freedom, however, comes responsibility. Private practice owners are faced with many difficult decisions, which may include such examples as which payment structure to adopt, what sort of clientele to serve, and how best to market their services. If you are just getting your practice off the ground, you may be wondering “Am I really going to be able to do all of this?” and “Did I bite off more than I can chew?”

At Reliant Practice, LLC., we know from experience that the start-up phase can be frightening and overwhelming, especially if business management wasn’t part of your healthcare training. We, like many people, initially felt unprepared to manage the business side of our practice, and we learned some hard lessons along the way. But the end result was a profitable practice with a long waiting list and very few no-shows.

To date, we have assisted friends and colleagues in building successful practices utilizing many of the experiences that enabled us to not only have a full schedule and a smoothly run practice, but also a consistent waitlist for our services. To assist mental health providers and other medical professionals in achieving their visions of business ownership, we founded Reliant Practice, LLC.

Our private practice consulting service can help you with the following:

Attracting Clients That Are A Good Match

In which practice areas are you most proficient? What are your specialties and specific training/certifications? What are your goals for growing your practice? Which demographics do you most enjoy working with? Which clients are the best fit for you and your practice? What distinguishes your practice from those of your colleagues? Targeting the right niche can impact every level of your business, and Reliant Practice, LLC. will be able to help you identify and pursue your desired audience.

If you require assistance defining your vision, we will help with that as well. Our team will collaborate with you to explore the possibilities and enable you to grow a business that is optimal for you. If at some point your business needs to grow or change, we will help you retool. The path from start-up to success is rarely a straight line, but with our help, there is the opportunity to make consistent progress toward your goals.

Establishing A Payment Or Billing Structure

What is credentialing? Should you accept insurance or operate on a cash pay/fee for service basis? Should you offer a sliding fee scale and if so, how can you adhere to federal sliding fee scale guidelines while staying profitable? To help you answer questions like these, we will walk you through the pros and cons of various fee structures. Once you have decided on an approach, we can help you implement that structure.

Whether you need help with medical or mental health credentialing, we will walk you through the process of getting on insurance panels. Even if your desired panel is highly competitive or even closed, we will share with you the techniques we have used to break through these barriers.

Making Difficult Decisions

Should you sublet your building/office until business picks up? How should you address the dilemma of hiring office staff or outsourcing billing? Should you take on another practitioner, and if so, when? Are your fees appropriate for your location and market? When should you increase your rates? The answers to questions like these are as diverse as our clients, however private practice consulting with Reliant Practice, LLC. will help you answer them.

We also have the ability to help you troubleshoot problem issues in your growing business. If you are dealing with a lot of no-shows, for example, we can look for gaps in your practice’s expectation-setting and customer service practices. And when those inevitable last-minute cancellations or no-shows do occur, we can advise you on how to handle them professionally and fairly.

Learn More About Private Practice Consulting With Reliant Practice, LLC.

We have been in the people business a long time. Our varied backgrounds include experience in medicine, mental health, corporate project management, client relations, and human resources. We have a uniquely multifaceted understanding of what it takes to initiate and grow a profitable practice, and we look forward to sharing that knowledge with you. Contact us today to discuss your needs and learn more about our services.