It will depend on things like how many patients do you expect to have to start off with, how many employees will you start off with, what is your rental cost, will you need to pay yourself from the business or will you live off of outside income or savings?  All of these questions will determine the answer to how much working capital you need for your specific situation. Based on the set of assumptions for a single physician opening a new clinic with no patients to start with and two employees and the estimate that you would need is $350,000 in working capital. 

A primary care physician that owns their own practice can pay themselves $300,000 per year according to InvestingDoc once the practice is full. 

You can start paying for yourself from day one if you ensure that it is a line item on your proforma and you have the capital to cover it with your SBA

It may take 20 months to reach cash flow breakeven for a startup medical office. 

1. Advertising 2. Bookkeeping 3. Credit Card processing fees 4. Insurance 5. Rent/ mortgage 6. EMR/PM software 7. Office supplies 8. Medical supplies 9. Utilites, phone, and internet 10. Medical billing and coding services

A fee scheduleis normally based on a percentage of Medicare Allowable Fees. We recommend 150% - 200% be set as your Fee schedule to ensure you are collecting the most you can from commercial insurances who tend to pay more than Medicare. Keep in mind though, the higher you set your fee schedule, the more you are going to have in contratcual write-offs.

According to the Bureau of Labor Statistics, the national average annual wage for an MA is $40,700 and for a Medical Receptionist is $31,960