Medical Practice Startup
Starting your own medical practice is an exciting but unfortunately it is also complicated and challenging. For your medical business to be successful, you need a clear and detailed plan. There is no universal formula for starting a medical practice. It might be worth your while to hire a professional medical practice startup consultant who has started medical practices before, is aware of the pitfalls and challenges. The details of starting up vary by specialty, and some laws and regulations differ by state. Our medical practice startup consultant will understand the variables and help you plan accordingly. Our consultants will provide you with a complete medical practice startup checklist with step by step guidance.
Hassle Free
Low Startup Cost
Turnkey Solutions
Features
Medical Practice Startup – Zero to Hero
Location and Lease Management
Our team of experienced realtors can help you find the perfect place for your medical practice. Our partners are experts in helping businesses look for the perfect location which meets all their needs and then some. The best part is, it’s all included in our startup solution.
Equipment and Fixtures
You don’t need to pay premium amounts to buy the right equipment and fixtures for your business. Our consultants are well equipped with finding the lowest priced deals for you. We even assist doctors import medical equipment which is often the best priced option. Whether it’s a couch or a cath lab, we have you covered.
Marketing
Marketing is one of the most important parts of a startup. Startups usually don’t have the resources to spend on marketing and that’s where we come in. Our all inclusive package includes marketing for your business and we do it best. We use the latest technologies to market your business.
Human Resource Management
Human resource is the most important element of any business hence it is imperative that everyone is happy and not over worked. We manage everything from hiring, firing and managing your human resource leaving you free to focus on your patients.
HIPAA Security Compliance
One of the most important things to do for a medical practice is to be HIPAA compliant. After Covid-19, HHS has been more strict about the HIPAA security compliance due to the increase in tele health. Halfort Medical offers complete HIPAA compliance solutions from end point monitoring to cloud solutions.
Accounts Management
We acknowledge that doctors are busy and don’t often get time to review their accounts and manage their expenses optimaly. This is where we come in. With years of experience we know how to best manage your expenses whether it’s the IT cost or petty cash needed to run your business, we have it covered.
Marketing
Marketing is the one of the most important part in establishing a new medical practice.
Our services includes but not limited to:
- Logo design
- Printing stationary and business cards
- Direct mail service to your surrounding zip codes
- Design and developing website, if you don’t have already which is SEO and marketing friendly
- Social media management
- Content writing to increase your social media presence
Accounts Management
Accounts management is the one of critical parts in smoothly running a new medical practice.
Our services includes but not limited to:
- Payroll management
- Bookkeeeping
- Purchase and inventory management
- Co-pay and deductibles followup
Human Resource Management
Human resource is the most important part of any business and we make sure that you always have the best talent working for you.
Our services include but not limited to:
- Online ads and candidates short listing
- Preparing job contracts and objectives
- Job descriptions and managing operational activities on daily basis
- Some of the tasks related to payroll and taxes are covered under Accounts Management
HIPAA Security Compliance
HIPAA compliance is integral in running a medical practice. We make sure that your business is always HIPAA compliant.
Our services include but not limited to:
- Write and develop HIPAA compliance policies for your medical practice
- Provide complete HIPAA compliance as per new regulations
- Train your staff to follow HIPAA rules and regulations
- Our cyber security staff will monitor and track your workstations as per HIPAA requirements to avoid DLP
Location and Lease Management
Our licensed realtors will find an office space of your choice and share different options. Once you finalize a location, our realtors will help in signing a sale/ lease agreement for you.
Our staff may arrange handymen for renovation or remodeling of the premises if needed, to give your medical practice an updated and welcoming feel.
Our realtor will help you engage with a property management company in the area for a maintenance contract.
We also help with signage design and printing.
Equipment and Fixtures
One of the key parts of setting up a medical practice is buying equipment and fixtures.
Our services include but not limited to:
- Buying office furniture
- Setting up computers
- Buying and setting up examination tables and other medical furniture and fixtures
- Sourcing best priced medical equipment for you needs
- Sourcing best EMR and other softwares
Our Features
Our All Inclusive Service Includes
Coding
Our expert coding team will convert provider procedure description in CPT and ICD or we can create super bill which doctors can use for their patients.
Billing
Our expert billing team works intensively and extensively for quick submission of bills on daily basis for Intime receipt of payment. Main objective of billing team is reduced denials / rejections and increased revenue.
Audit
Our Audit team will submit audit report of your existing billing status depicting where you are losing money and reasons of low revenue collection and how much recoverable Account Receivable are still with insurances.
Payment Posting
Our expert payment posting team will post the payment after match it with each insurance fee schedule and also do the patient`s posting, mail patient’s statements.
Pre Authorization
Our expert authorization team will obtain pre-authorization notified by doctor’s office before confirmed the appointment to the patient.
Reporting
Our expert reporting team will email Aging, DWC, Credentialing, Collection forecasting and Collection Analysis reports to Doctors.
HIPAA Security Compliance
Businesses often struggle to be 100% HIPAA compliant due to lack of time, staff and other resources. Our HIPAA compliance solutions are tailored for healthcare professionals to make their business simple and HIPAA compliant.
Meeting
Our expert accounts receivable will do monthly telephonic meetings with doctor or doctor’s office staff on practice issues and new updates.
Aging Management
Our expert accounts receivable will audit data entered by biller and match it with each insurance guideline and submit it to the insurance company and follow up with the insurance company.
Why Halfort’s Medical Practice Startup Consultants?
Are you concerned about the medical practice startup costs?
Are you looking for a new medical practice startup checklist with step by step guidance?
If you are looking for anything related to a new medical practice startup, you are in the right place. We offer:
- Assistance in reducing a medical practice startup costs
- New medical practice startup checklist
- 24/7 access to our medical practice startup consultants
- Medical practice startup checklist with step by step guidance
We provide all inclusive service at the lowest rate possible. Whether you’re a startup, small, medium or large medical practice, we have scalable solutions designed to provide the best medical billing and coding services.
All inclusive medical billing
Higher Medical Billing Revenue
Medical Billing and Coding
Our medical coding and billing services provide maximum reimbursement for our clients while reducing overall costs. We just don’t monitor your account, we actively manage it. Our coders and billers work efficiently to maximize your revenue.
Specialities
Our services are not limited to specialities. We cater to over 30+ specialities. Some examples are, General Physician, Dentistry, Cardiology, Chiropractory, Pain Management, Medical Labs… many more
Aging A/R Recovery
Aging A/R recovery is one of our forte. Insurance accounts receivables is a common problem within all type of medical practices and this causes reduction in cash flow and loss of revenue. We pursue every old claim by assigning our dedicated team of Aging A/R specialists. Even if you don’t want to outsource your entire billing, we can help you with your aging A/R.
More control over your business
HIPAA Compliant. More Control
Only using cloud or an EHR/EMR software to store ePHI makes your business only 20% HIPAA compliant. Your business is still at risk of getting fined.
Administrative Safeguards
Technical Safeguards
Physical Safeguards
Staff Training, End Point Protection
F.A.Q.
Frequently Asked Questions
Is there a trial?
Yes, we do have a 30 day free trial.
Do I have to continue your services after the trial?
No, you are not bound to continue with us after the trial ends. But no one yet has cancelled our services after the trial 🙂
My A/R is really high. Will you be able to decrease it?
Most definately. AR recovery is one of our forte. Once we start working, you will notice a difference in your revenue in as little as a month.
Do I have to use your EHR?
Not at all! We are not bound with softwares. We provide services on almost all EHR and medical billing softwares on the market. You can keep using your billing software and EHR.
I am already using a medical billing company, how can I change my medical billing to Halfort Medical?
It is quite simple. We will start working on your account immediately and you can wait out the contract with the other company.
What if I don't need an all inclusive service?
We offer both, all inclusive and standalone services. If you need an all inclusive package or you want only one service, it is totally up to you.
I am using cloud to store ePHI, am I not HIPAA compliant?
Unfortunately no. Only using cloud does not make the medical practice HIPAA compliant.
How can my medical practice be HIPAA compliant?
There are technical, administrative and physical safeguards to be put in to place according to HHS. Contact us and our consultants will walk you through the whole process.
Is HIPAA compliance expensive?
It is not! Although it is dependant on the size of your medical practice.
I have a small practice, do I really need a medical billing service?
Medical billing services come in all sizes. If your small practice performs well, you will have the option to grow it in the future. Big or small, by not doing proper medical billing you could be losing money.
Still Not Sure If Outsourcing Medical Billing Is Right for You?
Many medical practices struggle with this decision, but need not worry. Our team is well equipped to answer all your questions. We have worked with hundreds of medical professionals and all of them have benefited from our services. Get in touch to have your questions answered.
Satisfaction Guaranteed
24/7 Award Winning Support
Our support is one of the best out there. We are available for you whenever you need. We work for you even on weekends and public holidays so that you don’t lose any business.
Trusted Medical Solutions
We are trusted by hundreds of medical professionals for over a decade and there is a reason for that. We are the best at what we do leaving you free to do what you do best.