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FAQ1
How does this work?
We help Nurse Practitioners start and run their own practices. Our goal is to help NPs build and grow sustainable practices by putting processes, technology, and workflows in place so that the NPs can focus on seeing patients, while we focus on helping run the business.
For new practices, we come prepared with a complete 60/90 day implementation plan to get you up and running and ready to see patients. This plan is comprehensive and includes legal aspects to get your business registered, insurance credentialing, and technology (ie. telehealth and EHR) implementation & training.
Once your practice is up and running, you see patients as we support your non-clinical operations. On the "front end" of your practice, we build and execute a marketing strategy to acquire patients and provide virtual front-office services for patient registration and scheduling. Once you have completed the patient visit, we process the insurance claim or billing information that has been entered, and complete the revenue cycle management process with the applicable insurance company.
Together, we build a practice for you that is sustainable, financially viable, beneficial for the health of your community AND your work-life balance.
What makes this model different?
Our team studied primary care concerns and NP-owned practices to develop our model. This allowed us to see first-hand factors that promoted practice success, as well as factors that prompted failure. We incorporated these insights into our "pillars of practice ownership" which lay the groundwork for building sustainable practices.
Division
of
Labor
Virtual
First
Lean
Thinking
Shared
Expenses
Pillars of Practice Ownership
FAQ2
What are my options for starting a practice?
The NP's that we work with typically choose one of the three models that are prevalent in primary care today. These core of these models differ in their payment and revenue mechanisms, This impacts how the care is delivered within the model. Also, hybrid options in between models are available.
Traditional (Insurance)
Cash Pay
Direct Primary Care
FAQ3
What EHR and Other Vendors Are Used?
Our solutions includes several vendor partners. We have selected these vendors partners based on 2 main criteria:
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Ease of provider and patient use
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Group purchasing pricing
Many of our vendors have provided group purchasing discounts, which we pass on to our Nurse Practitioners. This means that you will pay less for these items when purchased through Neighborhood Nurse. Here are a few of our partners.
How much does it cost?
Our Business Practice Management Solution is put together to provide NPs with exactly what they need for their own practices. To achieve this, we have priced our solution as an entire package, or a la carte. Some of our pricing may vary depending on the practice model selected. Here are our core offerings:
Practice Foundation & Launch
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Start-up legal support
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Complete 90 day start-up plan
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Semi-weekly meetings
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Insurance credentialing
-
EHR, Telehealth, RCM implementation & training
-
Website creation
$6,995
1 time fee
-
Electronic Health Record
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Telehealth platform
-
Virtual Phone System
-
Revenue Cycle Management
-
HIPAA Compliance Program
Clinical Technology
$499
+ %
monthly
-
Start-up legal support
-
Marketing: Plan, budget, content
-
Advertising Services on Social Media
-
Assistance in lease management
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Management of practice business functions
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Operational consulting
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Regular meetings & reporting
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Virtual Front Office Scheduling
-
Billing Services
Virtual Practice Support
% or PPPM
+ Ad cost
monthly
-
Assistance with contracting with MD within state guidelines
Physician
Collaboration
Varies by State
*Percentages are based off of net collections
FAQ4
FAQ5
FAQ6
How long does it take to build my practice?
We follow a 60-90 day implementation plan to onboard practices. Here's how our time is spent during implementation:
Days 1-30
Practice Formation
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Practice Overview
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Legal review
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Legal structure
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Business licensure
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Malpractice insurance
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Insurance credentialing
Days 31-61
Marketing & Tech
-
Marketing Overview
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Website & social media accounts
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EHR & RCM implementation
Days 61-90
Marketing & Training
-
Begin marketing & scheduling
-
Technology training
-
Workflow training
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