Owning your own practice gives you a great deal of flexibility, so you can work with your patients how you think is best. Running your own business provides you with a level of freedom only possible when… well, when you run your own business.
Hi, I’m Barbara C. Phillips, MN, NP, FAANP
Like you, I’m an advanced practice clinician. Over my 33 years of clinical practice I’ve worked in critical care, primary care, and specialty care.
I've owned my own clinical and non clincial businesess. I've done a lot and I've seen a lot.
Close to 15 years ago, a set of circumstances led me to the decision to start my own practice.
Thinking back, I have to admit I was excited and scared all at the same time. It was an exciting and somewhat crazy time in my life.
But I could not take it anymore! I was tired of working for someone who didn’t have my nor my patients best interest at heart.
I knew that I could do far better that this!
So I got busy, real busy, determined to start my own practice just as soon as I could.
But to my surprise I kept running into one roadblock after another.
I was trying to figure out:
How does one get started in practice and business?
How much is it going to cost me and where do I find the money?
How do I do my billing? Should I outsource it?
Should I hire somebody? What kinds of things do I need to look for?
What kind of a fee schedule should I have, what should I charge?
Do I need a permit or some license to start a business?
What business structure do I need, which one is right for me?
Do I need a collaborating physician? If so, how do I find one?
These are just some of the questions I needed to find answers to and I needed to find them fast.
And that’s when it hit me!
For the first time I realized that while my education had provided me with excellent clinical training, it had done NOTHING to prepare me for starting my own practice!
I was alone, left to figure it out all by myself.
Of course I went online, checked Google in hopes to find my answers – but no luck. There was nothing for Nurse Practitioners!
So I visited the forums. I asked questions… but again, nothing.
Well, let me take that back. While I didn’t get the answers to my questions, I did have plenty of questions coming my way…
Low and behold, other NPs were facing the same issues and asking the same questions I was asking. So I started to share whatever answers I found.
And these were the humble beginnings of what years later became a formal system for starting a practice. We proudly call it now the “NPBO™ Practice Startup System 2.0”.
Needless to say I made plenty mistakes (and then some) when I first got started. But the truth is that you just don’t know what you don’t know! Would you agree?
Looking back, I know had I had some help from the very start, I would have been able to speed up the process, saving me valuable time, lots of money, many sleepless nights and yes… lots of grey hair!
The good news is today nobody has to go it alone anymore nor reinvent the wheel!
Benefit from my mistakes, learn from the insights I’ve gained, and put all of it to good use to get started with your practice.
As a matter of fact, today, you can fast track the process. You no longer have to waste your valuable time nor put tons of your hard earned money on the line.
It took me YEARS to develop the insights and tactics I’m sharing with you. Now you can easily start your practice by following my proven program, like countless other NPs have done before you.
But let me introduce you to the “NPBO™ Practice Startup System 2.0” and walk you through the program. See for yourself how it can benefit you when you're starting your own practice.
We’ve been teaching this system for many years now. We continue to refine and improve it, making it the most valuable system possible.
The "NPBO™ Practice Startup System 2.0” is a proven system specifically designed to help Clinicians, such as Advanced Practice Nurses and Physician Assistants or Associates, start their own practice or business.
The program is a 100% digital course delivered to you at once after you complete the checkout process.
You have access to your purchase for life, without any limitations whatsoever. All you need is a computer and internet access and you can consume the course anywhere, at any time.
This proven program provides you with detailed answers to all your questions about how to start and build your practice.
Our program has been "field tested" by many other NPs before you. Here is what some of them have said about the Practice Startup System"...
"You are such an inspiration to all of us out there forging a path for ourselves. In so many ways I feel like a pioneer. Having your web sites and Facebook pages has been INVALUABLE to me. I don't feel so alone. (Owner: Emerald Coast Pediatric Sleep Consultants)"
Sonia Smith, MN, CPNP/CNS
“A huge thank you to Barbara C. Phillips for without her NPBO Startup Kit I never would have made it to where I am today! (OwnerL Langeloh Family Healthcare)"
Paula Bohn Langeloh, NP
We want you to be clear on where you want to go with your practice, why and what you want to create. Hence you begin your journey by looking down the road, toward your future.
Because we want to set you up for success we tackle the sensitive topic of Healthcare & Business – two words thought to be mutually exclusive. But as you will see, that’s not all the case…
We’ll spend time discussing the ethics of money, business & healthcare – something most clinicians still struggle with.
The introductory module provides you with the right mindset and sets you up for success from the get go.
The PPMF Analysis is a framework I developed, encompassing the areas of personal, professional, financial and market.
Going through our in depth analysis helps you determine if you should be starting your own business or practice… if it’s right for you.
Completing this process gives you the foundational piece you need before moving forward with anything else. It also helps you get started with creating your business plan.
You’ll begin with selecting the best legal structure for your particular situation. Choosing the right legal structure establishes your business and provides protection for you and your business. Depending on your location, you will also need to obtain various licenses to operate your business.
Next is building your team of professionals you can work with when the need arises. Business is rarely done by one self and it helps to have experts in other fields you can turn to for advice.
If you are in a state requiring collaboration then this section is a must for you. You’ll discover how to find the right person for you and how you begin to work with them, what types of agreements you need and how you can protect yourself and them.
An all important topic, since you don’t want to work for free!
We’ll look at various revenue models available to structure your business. We’ll talk about the billing process, how to set it up and which options to go with.
Should you go with in house billing or would it be better to outsource? And how will you handle your collections? While it’s an unpleasant topic it’s part of doing business.
Setting your fee structure is next.
How will you set your fees so they will be fair and legal but still benefit you. Discover how to bill Medicare, Medicaid, commercial payers, and private pays without violating existing laws.
Closely connected to your fees and the billing process is documentation and coding.
You know as well as I your documentation must match the codes you bill – otherwise you’re asking for trouble, potentially setting yourself up for healthcare fraud.
Two additional areas closely connected are insurance and credentialing. While credentialing may sound scary to you, you’ll find out that it’s not that bad after all.
No matter the type of practice you’re going to set up, you will need equipment, tools and technology for your office.
We’ll talk about different types of practices and what their space and equipment needs might be.
Since technology is an integral part of practicing we’ll devote time to EHRs, incentive programs and the like.
This module also introduces the benefits of purchasing used vs. new and how you can go about finding quality used equipment for your new office.
No, we’re not going to talk about clinical matters here – you ARE already an expert.
However, we will talk about the backend of your office. We’ll look at how your patients move through your clinic and what systems you should have in place.
How to facilitate labs and medications refills in your office and the various protocols to have in place for your staff.
How are you going to handle medication samples and what goes into monitoring your vaccines? What kind of documentation and what systems need to be in place...
This is the business side of managing your practice, something you most likely didn’t learn in school.
Since you are in the business of healthcare, you need to know how to manage your business with respect to cash flow, financial records, human resources, risk management, safety of people and data, compliance, and so much more.
Most of these areas are driven by federal programs and regulations, as well as compliance programs – so you MUST to be aware of these things.
Patients are the life blood of your practice.
Find out how to attract a steady stream of patients into your business. Realize that marketing is not a onetime event but an ongoing process. It includes everything you do, on a daily basis, to bring patients and clients into your business, into your practice.
Next, we’ll discuss the who, what, when, where, why, and how of putting your marketing plan into place.
By the end of this module you will know how to identify your target market and what venues will be best to reach them.
Our discussion will include both offline and online marketing strategies you can use to reach your audience.
The “NPBO™ Practice Startup System 2.0” is a complete program teaching you the nuts and bolts of what you must know (and do) to get started with you practice and build your business.
This course has been created and designed specifically for the Advanced Practice Clinician. And in case you’re wondering, there is no other course like it in the market place (at least none we have found).
Are you tired of working for someone else?
Are you tired of being told what days and hours you must work?
Are you frustrated with having to see too many patients?
Are you tired of knowing you can do better for your patients, but can't in your current job?
And... are you ready to build a business for yourself?
If so, it may be time to start your own practice.
Remember, you no longer have to go it all alone. We are here to help.
But in case you’re still not sure if this is right for you, let me say this…
You already know that it’s tough to get started in your own practice, to start your own business.
And while you most certainly can do it, chances are it will cost you much time and money to figure it out all by yourself. That's if you don't give up on your dream all together before then...
Perhaps you're afraid of getting started? Or you think that now is not a good time to get started?
Believe me when I say "I understand", because I was afraid myself.
But don’t let these fears hold you back. Don’t let anything hold you back, because...
There will never be a perfect time to get started and there will always be some fear!
So if you’re serious about starting your own practice, the time is now. Don’t let fears and excuses hold you back any longer.
Our program is a proven blue print for starting your own clinic. We will teach you what you need to do, step by step, from start to finish!
But Before I forget, we have a FREE Gift for you
... that is if you take advantage of this special offer.
During the first 3 months of your program you are invited to join us at our exclusive "NPBO™ Members Only Q & A Webinar".
This is normally only accessible to members of the NPBO™ Private Community.
Our exclusive Members Only Q & A webinars take place on the first Monday of every month. You can bring any question to the webinar, ask anything you want. And if you can't be there, all webinars are recorded.
if you purchase the course during this special offer you also receive access to 3 Q&A webinars. This is totally free to you, there is absolutley no cost to attend... all you have to do is bring yourself and your questions.
Let me recap what you get when you place your order for the “The NPBO™ Practice Startup System 2.0" today:
You get access to all 7 modules of the "NPBO™ Practice Startup System 2.0”. All recordings are on demand – 365 days of the year, 7 days a week, 24 hours a day via our online secure program area.
You get complimentary access to 3 live Q & A webinars with me, Barbara, and the NPBO™ Private Community.
You get all the checklists and templates to create your own documents, ready to use when you open your doors.
You get access to all the lessons, worksheets, mind maps, and spreadsheets.
You also get audio files of all recordings. You can download the files and put the informationon on your mobile devices so that you can listen to the course on the go.
Click the button below, join the elite group of Advanced Clinician practice owners... and get started with building your practice today.
To your success,
Barbara C Phillips, NP, FAANP