ABOUT THIS EPISODE
Starting your own medical practice can give you more control over how you care for patients, but it also means learning an entirely new side of healthcare: running a business.In this episode of Tebra Talks, Dee Duro sits down with Mark Spielman, Director of Billing at TABS, to discuss the financial and operational decisions providers should consider before opening their doors and as their practice grows.They cover:✅ How to create a practical plan for your new practice✅ What to consider when choosing services, patients, and a market✅ How insurance credentialing can affect your launch timeline✅ What technology and billing support to evaluate before opening✅ Why new practices should prepare for a slower revenue ramp✅ How to understand your revenue cycle during the first year✅ Which financial metrics practice owners should keep an eye on✅ How payer changes and outstanding A/R can affect a growing practice✅ Why mentors, billing partners, and other experienced advisors can make the startup process easier to navigateMark also breaks the journey into three stages: before opening, the first year, and the first five years, with practical tips and common pitfalls at each stage. Whether you’re actively planning a private practice or still deciding whether independence is right for you, this conversation offers a practical look at the business foundation behind sustainable practice ownership.Learn more about Tebra: https://www.tebra.com/Learn more about TABS: https://tabsbilling.com/solutions/starting-a-new-practice/
