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Nurse Practitioner Independent Practice: Start Your Own or Buy a Practice?

Nurse Practitioners in Business

While this is not a complete list of all the problems you might encounter when buying a practice, it certainly will get you thinking and looking in the right places. Pros & Cons of Starting a Practice Now, let’s look at the pros and cons of starting a practice from the ground up. Make a plan and follow it!

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Business Structures: What You Must Know…

Nurse Practitioners in Business

Not only must you tend to the medical side of your practice, but many non-medical things need your attention , too. Choosing the correct business entity is one of the most critical decisions when starting a practice, but you dont want to rush it. And to make matters worse, sometimes, decisions must be made faster than youd like.

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The First Year: What to Expect When Running a New Nurse Practitioner Practice

Nurse Practitioners in Business

Typical Start-Up Expenses Include: Office rent and utilities EHR (Electronic Health Records) software Office and medical supplies Staff salaries Insurance and licensing fees Cash Flow Tips: Prompt billing: Submit claims as soon as possible to avoid reimbursement delays.