The Horizon Group

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Practice Startup Task List

General Consulting Services

Hospital Consulting Services

Private Practice Consulting Services

Listed below is a comprehensive list of the various activities that are critical to the development of a successful medical practice. Since each physician enters the practice environment with different interests, business skills, resources, and financial support, we are not able to gauge which of these tasks are already complete, which will be performed by the physician or his/her existing advisors, and which need the professional attention of The Horizon Group.

Please review each of the items below and indicate if the task is not applicable to your situation (N/A), will be performed, or has been performed, by you or someone affiliated with you (YOU), or if it is something that you will require our assistance to completed (THG). Once you have completed this please return it to our office and we will prepare a Proposal that outlines the tasks, indicates the timeframe for completion, and provides you with a firm estimate of the costs involved.

Our firm is comprised of a multidisciplinary team of practice professionals. While you will be assigned a lead consultant who will be your primary contact and liaison, you will draw upon the experience and expertise of reimbursement specialists, office managers, coding professionals, and senior level practice administrators.

Task Description

N/A  You  THG Preliminary
     Assist with the formation of the legal entity
     Obtain employer ID numbers (federal/state)
     Assist in the selection of practice accountant and/or attorney
     Negotiate employment agreement
     Recommendations regarding buy/sell provisions for adding new associate
     Develop/refine physician compensation plan

N/A  You  THG Location
     Provide assistance in identification of practice location
     Negotiate lease
     Supervise design process to assure efficiency
     Arrange for/supervise build-out of space

N/A You THG Furnishings/Equipment
Prepare equipment list- negotiate pricing

N/A  You  THG Financial
     Assist with setting up banking relationships to include accounts and LOC
     Create 2 year financial projections to support loan application
     Create Business Plan
     Recommend practice accounting software, assist with installation and setup
     Assist in the development of retirement plan options
     Obtain quotes for professional liability insurance

N/A  You  THG Staffing
     Develop position descriptions, staffing plan and employee manual
     Develop compensation/benefits structure
     Obtain quotes for group benefits
     Assist in recruiting/selecting of staff
     Provide staff training

N/A  You  THG Patient Billing
     Develop practice fee schedule
     Obtain and complete payer participation agreements
     Make recommendations regarding practice management computer system
     Obtain and complete electronic submission applications
     Develop policies and procedures for control of practice revenue
     Design encounter form for charge capture
     Train staff in the capture, submission, and follow-up of claims
     Create monthly report to monitor practice performance

N/A  You  THG Office Operations
     Design effective appointment template to maximize patient access
     Monitor front desk operations during early weeks of office operation
     Provide physician briefing on office operations for

N/A  You  THG Communications
     Assist in evaluating telephone systems
     Evaluate computer/data needs and provide alternatives for hardware/software
     Assure pager/answering service coverage

N/A  You  THG Marketing
     Prepare announcements for the practice for local media
     Coordinate Yellow Pages listings
     Coordinate the development of practice brochures and related literature

N/A You THG Payroll
Evaluate and make recommendations regarding the preparation of routine payroll
(ADP etc) vs. preparing in-house

N/A You THG Supplies
Obtain bids from medical supply vendors, compare against The Horizon Group’s national pricing program

N/A  You  THG Medical Records
     Make recommendations regarding appropriate storage for medical records(HIPAA)
     Develop record retention and storage policies
     Recommend chart materials and formats

N/A  You  THG Policies
     Develop OSHA Manual/Training program
     Assure CLIA compliance
     HIPAA review/privacy statement

We also offer optional support services such as:

Ongoing practice management
Billing services
Coding education/auditing
Payer negotiations
Strategic planning

Please Note: Your proposal should be sent approximately seven days after our receipt of this information. Please complete the contact information below and hit "Submit" button.

Your Name:
Mailing Address:
Best Phone:
Email Address:
Planned Practice Opening Date:
Specialty:
Other Comments: