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Franchise Opportunities > Healthcare Practice Partners Franchise Info

Healthcare Practice Partners Franchise

Healthcare Practice Partners Franchise Information

Healthcare Practice Partners Franchise Start-Up Costs

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Become a Business Partner to Health Care Providers in your Community The Franchise Opportunity: Health Care Practice Partners (HCPP) franchisees are true business partners to health care providers in a specified territory. HCPP franchisees become an integral part of a greater team of Medical Practice Management specialists working together to help health care providers grow their medical practices. What is Medical Practice Management? Medical Practice Management focuses on all the business aspects of running a health care practice ensuring its operational efficiency and profitability through revenue collection, profit enhancement and medical reimbursement. HCPP provides medical practice management services by partnering with health care providers to 1) bring more operational efficiencies 2) reduce expenses, and 3) define new markets and new services. The medical practice management services market is expected to grow by 22 percent between 2010 and 2020.* The Market: HCPP’s target market are health care service providers such as physicians, physical therapists, home care, laboratories, rehabilitation facilities and any small to mid-size health care provider that processes third party payments. Today, with over 700,000 health care providers in the US, greater than one third use an outside practice management/billing service; and that number is also expected to grow.₸ The Franchisee Role: HCPP franchisees focus on account development and account management in their territory. As an HCPP franchisee attracts accounts into the HCPP system, they earn a percentage of revenue collected each month from each account, therefore receiving recurring revenue month after month, year after year. Franchisees partner with medical practices providing management and financial reports, reinforcing good business practices and offering recommendations leading to the continued growth of the medical practice’s revenue goals. All technical and revenue cycle management functions are provided by HCPP NSource – the internal processing center for all medical claims. HCPP Franchisee Benefits: • Recurring monthly income • Support identifying prospective clients • Minimal capital investment • High potential ROI • Business-to-business services Candidate Profile: Sales and/or business experience ideal, health care industry background an advantage. Investment range $70k - $120K (based on territory size) • Home office • Flexible lifestyle • Long term contracted clients • NSource - support for revenue cycle management (Claims processing) HCPP Territory Providers in Territory Franchise Fee Territory Investment levels Small Up to 1500 $40,000.00 $70k-$100k Medium 1501-2500 $50,000.00 $80k-$110k Large 2500-4000 $60,000.00 $90k-$120K HCPP Franchise Development, Cynthia L. Schick [email protected] (980) 245-7145 * US Bureau of Labor Statistics May 2012 ₸Healthcare Billing and Management Association

Healthcare Practice Partners Franchise
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