Malpractice Insurance, Employee Health Insurance, Employee Practices Liability Insurance, General Business Liability Insurance, Worker's Comp Insurance.

While I certainly understand the upside for the physician and the simplicity of private pay only, I think for most practices you will need to accept insurance in order to reach a full schedule of patients. 

Options for providers who do not want to contract with insurance payers have several options to consider; Self pay patients: those who pay for services out of pocket. DPC Model: patients pay a monthly fee for services.

Credentialing can take 60-180 days.

Yes. This Group NPI sets your practice up for long-term growth and enables you to begin credentialing with commercial and federal payers.

The credentialing process should begin as soon as you have a physical address, an NPI, and a TIN.

Research of your general area should be completed to consclude which of the payers have the largest populations in your area. You should always start with Medicare and Medicaid and then add in your top 3-5 private payers to get started.

Accountable Care Organizations (ACOs) are groups of doctors, hospitals, and other health care providers, who come together voluntarily to give coordinated high quality care to the Medicare patients they serve.

A clinically integrated network (CIN) is a group of healthcare providers that work together to deliver efficient and affordable coordinated care to patients. The term “clinically integrated network” refers to a distinct legal entity.

A medical practice that is going to be doing Point of Care testing, (ie: throat and nasal swabs, urine dips, fingersticks…) need to have a CLIA Waiver Certificate before performing any of these services. A practice that is going to process complex tests with sophisticated equipment require a CLIA Certificate.

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Certificate of Registration: Issued to a laboratory that conducts moderate or high complexity laboratory testing until the entity is determined to be in compliance with CLIA regulations.
Certificate of Compliance: Issued after an inspection finds the laboratory to be in compliance with all applicable CLIA requirements.
Certificate of Accreditation: Issued based on the laboratory’s accreditation by an approved organization.

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