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| Checklist for starting a practice | |
| 11-12 months before opening | |
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Decide on a practice location |
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Select a practice management consultant |
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Select an attorney |
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Select an accountant |
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Develop a start-up budget |
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Check the deadline for submitting Yellow Pages advertisements |
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Decide on a business structure |
| Getting ready for opening day | |
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Place announcements in community newspaper and other local publications. |
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Mail announcements to patients, physicians, and pharmacists. |
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Select and order magazines and other publications for reception room. |
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Assemble patient registration packet. |
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Prepare practice brochure and have it printed. |
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Stage "dry runs" to iron out operational problems. |
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Begin accepting appointments. |
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See your first patients. |
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| 5-6 months out: Office design and supplies |
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Capital expenditures for leasehold improvements, furnishing, and equipment |
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Staffing |
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Rent |
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Utilities |
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Clinical supplies |
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Office supplies |
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Business insurance |
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Malpractice premiums |
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Meetings/professional dues |
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Advisers' fees |
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Check the deadline for submitting a Yellow Pages advertisement.It's important to be in the Yellow Pages when your practice opens. |
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Decide on a business structure. |
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Research your next steps. For example, contact hospital administrators regarding staff privileges, services offered, and insurance payers. |
