GTM’s expertise in starting new physician practices is unparalleled. GTM has a network of strategic partners in place that allows us to quickly start new physician practices that are prepared and ready to begin operating efficiently from day one. GTM’s job is not over when the practice opens its doors – GTM will continue to provide as much, or as little, oversight and assistance as requested by its clients. Services include:
Practice Organization
- Formation of legal entity
- Selection and implementation of practice management system
- Coordination of office operation processes
- Purchase of equipment and furniture
- Creation of encounter forms and all applicable forms
- Vendor selection and coordination of office and medical supplies
- Evaluation of technology
- Coordination of phone system
- Coordination of medical records
- Selection and implementation of EMR system
- Hospital privileges and credentialing
- Initiation of payroll service
Financial Planning
- Development of 3-year pro forma
- Development of Year 1 practice budget
- Credit line assistance
- Loan assistance
- Leasing
Other
- Marketing
Practice Start Up and Credentialing Services
- Credentialing for mid-level and physicians
- Credentialing for all government and commercial plans
- Contract negotiations with third party payers
Billing / Collections
- Patient billing
- Establishment of a fee schedule
- Order CPT, HCPCS, ICD-9 and Correct Coding Initiative books
- Contracting with a collections agency
Human Resources
- Assistance with recruiting/selection of staff
- Development of a benefits package
- Development of HIPAA, OSHA and compliance policy and procedure manuals
- Staff training on policies and procedures
- Development of office handbook
Facility Planning
- Office and site selection
- Lease negotiation
- Coordination of build-out