Services
Medical Practice Startup
Services
đź©ş Medical Practice Startup Services
Expert Guidance | Customized Medical Practice Startup Solutions | National Reach
Start and Grow Your Own Independent Medical Practice with Confidence
Are you a physician ready to leave employment and start a private medical practice? Whether you’re building a direct primary care (DPC) model, a cash-based clinic, or a hybrid practice, Cornerstone Healthcare Consulting provides the expert support you need from concept to launch.
We help you build a profitable, compliant, and fully operational medical practice—tailored to your goals, specialty, and location.
Why Partner with Cornerstone?
You’re not just opening a practice—you’re building a legacy. With Cornerstone, you have a dedicated advocate and project manager to coordinate every detail, saving you time, money, and stress. We offer:
Turnkey startup packages for end-to-end support
Ă€ la carte services for targeted help
- Experience launching successful practices throughout the United States
Whether you’re launching a solo clinic or a multi-provider group, we tailor our solutions to your specialty, goals, and budget.
Our Roadmap to Medical Practice Startup
1. Define Your Vision and Business Model
Clarify your goals, specialty, and patient population – Choose your model: Direct Primary Care (DPC), private insurance, hybrid, and/or telemedicine – Develop your business plan and financial forecasts
2. Entity Formation and Legal Structure
Select your legal entity (LLC, PLLC, S-Corp, etc.) – Register your business, obtain your EIN, NPI, and DEA numbers – Consult on compliance and regulatory requirements
3. Secure Financing and Budgeting
Estimate medical practice startup costs, including fixed and variable expenses – Identify funding sources and prepare documentation – Build a realistic budget and cash flow projections [Learn more about costs]
4. Find and Prepare Your Location
Evaluate office spaces based on size, accessibility, and patient flow – Negotiate leases and coordinate vendors for buildout and equipment – Ensure ADA compliance and local zoning approval
5. Systems, Technology and Operations
Select and implement your EHR and practice management systems – Design workflows, SOPs, and staffing plans – Set up billing, coding, and revenue cycle management [Explore medical billing solutions]
6. Credentialing and Payor Contracting
Complete insurance credentialing and payer enrollment – Understand credentialing timelines (often 3–6 months)
7. Branding, Marketing and Patient Acquisition
Choose your practice name and design your logo – Build your website and establish your digital presence – Launch social media and referral programs – Plan your grand opening and patient outreach [See our medical practice marketing services]
8. Staffing and HR
Recruit, interview, and onboard clinical and administrative staff – Create an employee handbook and HR policies – Set up payroll and benefits administration
9. Compliance and Risk Management
Implement HIPAA, OSHA, and other regulatory protocols – Train staff on compliance and patient privacy – Develop policies for ongoing quality and safety
10. Open Your Doors and Grow
Finalize pre-opening checklists and test all systems – Welcome your first patients and gather feedback – Monitor KPIs and adjust your strategy for growth
Common Pitfalls to Avoid
Underestimating credentialing and contracting timelines
Overspending on equipment or office space
Neglecting compliance, HR, or payroll setup
Failing to develop a robust marketing plan
Attempting to “DIY” complex steps without expert help
Our team helps you sidestep these challenges so you can move forward with confidence.
Medical Practice Startup Costs: What to Expect
Startup costs can range widely, but most new practices invest between $40,000–$100,000+, depending on specialty, location, and scope. Major expenses include:
Real estate and buildout
Technology and equipment
Licensing and credentialing
Marketing and branding
Staffing and training
We provide detailed budgeting support and help you maximize every dollar.
Frequently Asked Questions
How long does it take to open a new practice?
Most practices take 6–12 months from planning to opening, depending on credentialing, buildout, and local factors.
Can I open a practice as a Nurse Practitioner or Allied Health Professional?
Absolutely! We support physicians, nurse practitioners, and allied health proffessionals of all types.
Is private practice still viable?
Yes—independent practices can thrive with the right strategy and support.
Who We Work With
- Family Medicine Provider
- Psychiatry and Behavioral Health Providers
- Pediatricians
- Specialty Physicians
- Solo practices
- Group Practices
- Multi-Specialty Practices
- Concierge and DPC models
- Functional & Integrative Medicine Providers
- Nurse Practitioners
- Wellness Providers
- Telemedicine models
- Don’t see what you’re looking for? Ask us!
Free Resources for Your Startup Journey
The Benefits of Professional Consulting Services for Medical Practice Startups
Launching a medical practice is a complex process, and partnering with experienced consultants can make all the difference. Here’s how professional consulting services deliver real value for new practices:
1. Reduce Stress and Free Up Your Time
Consultants handle the intricate details and project management, so you can focus on your vision and patient care. By overseeing timelines, paperwork, and the coordination of vendors, consultants take the administrative burden off your shoulders, making the startup process far less overwhelming.Â
2. Access to Proven Resources and Networks
Established consulting firms bring a wealth of industry connections—preferred vendors, trusted contractors, and specialized service providers—that aren’t easily accessible to solo founders. This means you benefit from negotiated rates on equipment, access to vetted professionals, and exclusive tools or templates that accelerate your launch and growth.
3. Faster Path to Profitability
Consultants know the optimal order for tackling each step, helping you avoid costly delays and common missteps. Their expertise ensures you complete critical tasks—like insurance credentialing and EMR system setup—efficiently, so you can open your doors and start generating revenue sooner.
4. Avoid Hidden Costs and Costly Mistakes
Attempting a “DIY” approach to a medical practice startup can lead to missed deadlines, compliance errors, or overlooked expenses that eat into your budget. Consultants help you anticipate and manage these challenges, saving you money in the long run and protecting your practice from preventable setbacks.
5. Ongoing Support for Sustainable Growth
The right consulting partner doesn’t just help you open your doors—they continue to advise you as your practice evolves. This ongoing support helps you adapt to market changes, optimize operations, and maximize profitability over time.
Summary of Key Benefits
Reduce stress and administrative burden
Gain access to exclusive resources and industry networks
Achieve profitability faster with expert guidance
Avoid hidden costs and costly mistakes
Receive ongoing support for long-term success
Ready to Build Your Practice?
Don’t go it alone. Let Cornerstone be your guide from day one. We offer nationwide support to help you launch and grow your dream practice.
