Collaborating Docs

New NP and PA grads: Thinking of trading in your grad cap for your own practice? Here's where to start when planning your business. 👇

1. Define the clinical model. Start by asking: What services are most needed in my community? What gaps aren't being met by existing providers? How can my personal experience fill in those gaps?

2. Market research & competitive analysis. How many practices are in my area? What's their ownership structure? What are their payer relationships, and what do their referral networks look like?

3. Business plan development. This is your chance to build an operational roadmap for your business. Ask yourself: What will my service lines look like? What's my staffing model? What is my financial forecast for the next few years?

For more tips on starting your own practice as a new grad, visit the Collaborating Docs blog: https://collaboratingdocs.com/nurse-practitioner-business-how-to-start-your-own-practice/?utm_source=facebook&utm_medium=organicsocial&utm_campaign=planning_your_own_practice

Finding a collaborating physician is a critical step in starting your own practice, and selecting the right partner can influence your business for years to come.

Follow these steps to find a collaborating physician that meets the needs of your practice. ➡️

Discover more tips on building a collaborative partnership that lasts: https://collaboratingdocs.com/how-to-find-a-collaborating-physician/?utm_source=facebook&utm_medium=organicsocial&utm_campaign=finding_a_collaborating_physician