BusinessHABPatient Advocacy Services: Starting a small business is without a doubt a large undertaking.
But it is fortunately something that can be attained by anybody with a good idea.
A strong work ethic, and a good set of resources.
Starting a business involves thinking of a business concept.
Writing a business plan, understanding the financial side.
And finally marketing and launching.
When you change your thoughts, remember to also change your world. You can request publication of your article for publication by sending it to us via our Email below. Click here to start business now with businesshab.com
Patient advocacy services are extremely important to communities across the world.
A patient advocate can provide many types of services.
Besides the advocates that work for larger organizations.
You may want to use private or personal services.
See what patient advocacy services a patient may need.
And the kinds of professionals who provide them.
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1. Patient Advocacy Services
On a daily basis, you would be:
- Helping people track down hospitals for paperwork
- Gather bills for insurance companies
- Argue cases with insurance companies
People in need of these services are most likely ill or grieving.
Leaving them fragile and often unable to defend themselves.
It is important they have the right support during this time in their lives.
2. Patient Advocacy Services
Most health care services will experience steady growth in the next decade.
If you have some experience in patient care or customer service.
You may choose to base a business on this promising sector.
Entrepreneurs can develop a business where they provide home, transportation.
Or other services for people who are in need of care.
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3. Patient Advocacy Services
In order to successfully set up this type of business.
You will need to gain licenses from state, county and city agencies.
You will also need to invest in equipment, employees and an exceptional organizational structure.
Learn how to start Patient Advocacy Services.
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4. Define your goals.
Do you want financial independence, eventually selling your business to the highest bidder?
Do you want something small and sustainable.
That you love doing and from which you want to derive a steady income?
These are the things that are good to know very early on.
Patient Advocacy Services
5. Write your business description.
Describe your business more specifically, and how it fits into the market in general.
If you are a corporation, LLC, or sole proprietorship, state that, and why you chose to go that route.
Describe your product, its big features, and why people will want it.
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Answer the following questions:
- Who are potential customers?
- Once you understand who they are and what they want, come up with a marketing strategy.
- What price are they willing to pay for your product or service? Why would they pay for your product or service over your competitor’s?
- Who are your competitors? Do a competitive analysis to identify key competitors. Find out who is doing something similar to what you are planning, and how have they been successful. Just as important is to find the failures, and what made their venture fall apart.
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Patient Advocacy Services
6. Gain experience in the health care field.
Patient Advocacy Services
7. Carry out a research.
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Patient Advocacy Services
8. Get a business plan.
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9. Secure space.
Whether it’s an office, or a warehouse.
If you need more space than your garage or your spare bedroom, now’s the time to get that.
- If you don’t generally need an office beyond your home, but may occasionally need meeting space, there are often places that can address those needs. A quick Google search on “business meeting rentals [your city/state]” will deliver plenty of rental options in your area.
- Be sure to contact your local municipality about zoning laws.
- Some types of small businesses cannot be ran out of a home.
- And it is important to ensure your business is operating within its proper zone.
Patient Advocacy Services
10. Name your business and choose your structure.
Limited liability corporation, sole proprietorship or limited liability partnership.
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Patient Advocacy Services
11. Research the requirements to run a Patient Advocacy Services.
12. File the applicable documents with your Secretary of State and County Clerk of Court.
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13. Apply for a business license with your county or city.
Consult your Clerk of Court about where and how you can apply to for this document.
14. Apply for a state board of health permit.
If you fail the application process, you will improve your compliance and reapply.
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Patient Advocacy Services
15. Establish a medical billing system and payroll system.
Patient Advocacy Services
16. Find liability insurance.
Treating patients requires that you have exceptional liability insurance for you and your employees.
It may also be necessary through your state board of health.
- In some states, you may also be required to provide worker’s compensation insurance.
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17. Hire employees.
You may consider hiring a health care administrator, nurses, drivers, carers, customer service/billing representatives and more.
Make sure to do background checks so that you can establish a credible and experienced agency.
Patient Advocacy Services
18. Buy equipment.
Most health care companies will require an investment in vehicles.
Health care equipment and uniforms, among other things.
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19. Apply to become a Medicare provider through the Center for Medicare Services.
You may need to adjust some features of your business.
In order to become compliant to submit for Medicare payment.
20. Contact private health insurance companies that operate in your area.
Apply to be part of their provider network.
You may need to offer discounts and sign agreements, but this will increase your patronage.
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21. Choose your partners wisely.
When choosing the person or people you’re going to build the business with, be careful.
Even if someone is your best friend, it doesn’t mean that you will partner well in a business operation.
22. Start it with a reliable person.
Things to consider when choosing your co-leaders and support cast include:
- Does the other person complement your weaknesses? Or do both of you bring only one set of the same skills to the table? If the latter, be wary as you can have too many people doing the same thing while other things are left unattended.
- Do you see eye to eye on the big picture? Arguments about the details are a given, and are important for getting things right. But not seeing eye to eye on the big picture, the real purpose of your business, can cause a reaction that may be irreparable. Be sure your team cares about them and buys into the purpose as much as you do.
- If interviewing people, do some reading on how to spot real talent beyond the certifications, degrees or lack thereof. The area an individual is educated in is not necessarily the area they are most talented in. An interviewee may have a background in accounting for example, but their experience and your assessment of them indicates they may be a better fit helping with marketing.
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Patient Advocacy Services
23. Get a website.
If you’re selling online, get your ecommerce in gear and either build a website, or have one built for you.
It’s your storefront, so anything and everything you can do to make people want to visit, and want to stay, do it.
- Alternatively, if your business is more oriented toward the “in person” experience, traditional marketing may be just as important. For example, if you’re starting a landscaping business, focus on getting the word out to neighbors before starting a website
- When making a website keep in mind that simplicity and clarity are key. A simple design that clearly states what you do, how you do it, and what you charge is most effective. When making your website, remember to emphasize why your business is the best solution to a clients problem.
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24. Launch your service.
When the product is all built, packaged, coded, online, and ready to sell.
Or when your services are fully worked out and ready to go, hold a special event to launch your business.
Send out a press release, announce it to the world. Tweet it, Facebook it.
Let the word resound to all corners of your market—you have a new business!
- Hold a party and invite people who can spread the word for you. It doesn’t need to be pricey––purchase the food and drink from bulk discount stores and get family and friends to help with catering (you can give them a product or service in return).
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25. Things You’ll Need
- Business plan
- Business structure
- Business filings
- Business license
- Equipment
- Employees
- CPA
- Attorney
- Employer identification number
- DBA certificate
- State board of health permit
- Medicare provider application
- Private health insurance network application
- Liability insurance
- Medical billing procedures
- Payroll procedures
- Worker’s compensation insurance
More tips
- It is a good idea to hire an attorney to draw up your business filings.
- You may also want them to review your agreements with private health care companies, Medicare and employees.
BusinessHAB