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

 

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

 

What EHR and Other Vendors Are Used?

Our solutions includes several vendor partners. We have selected these vendors partners based on 2 main criteria:

  • Ease of provider and patient use

  • 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. 

Electronic Health Record

Telehealth

Virtual Phone System

Legal

HIPAA Compliance

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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

  • Start-up legal support

  • Complete 90 day start-up plan

  • Semi-weekly meetings

  • Insurance credentialing

  • EHR, Telehealth, RCM implementation & training

  • Website creation

$4,995

1 time

  • Electronic Health Record

  • Telehealth platform

  • Virtual Phone System

  • Revenue Cycle Management

  • HIPAA Compliance Program

Clinical Technology

$675

+ %

monthly

  • Start-up legal support

  • Marketing: Plan, budget, content

  • Advertising Services on Social Media

  • Assistance in lease management

  • Management of practice business functions

  • Operational consulting

  • Regular meetings & reporting

  • Virtual Front Office Services

  • Access to our accounting partners

Virtual Practice Management

% 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

 
 
 

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

  • Practice Overview

  • Legal review

  • Legal structure

  • Business licensure

  • Malpractice insurance

  • Insurance credentialing

Days 31-61

Marketing & Tech

  • Marketing Overview

  • Website & social media accounts

  • EHR & RCM implementation

Days 61-90

Marketing & Training

  • Begin marketing & scheduling

  • Technology training

  • Workflow training

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