NLIC.org

Nellie Said:

How do i start a physical therapy clinic and become a provider of insurance? do i need business license?

We Answered:

First you go to school and become a PT
Pass the national exam
get a license
get some experience and make some money
Get incorporated or become a PLLC
Rent a space/buy equipment/ pay for malpractice insurance/workers comp/ and liability insurance
You will also need to get health insurance for yourself and any staff. We are members of the chamber of commerence and get insurance through them.
Then apply to each insurance company to become a provider
There are plenty of regulations
You can outsourse billing but it is probably too expensive when you start.
Then you need to market to get patients
You need to make up forms and come up with a type of medical records. You need to come up with your hippa paperwork. You will probably need to hire/outsourse a person to type your dictation unless you plan to type your own reports.

In this day of reinbursement, it is very difficult to open a practice.