SERVICES
Whether you are looking to start a practice, or optimize your current practice, we can offer you support, tools, resources, and guidance to help you through the process.
OPTIMIZE OR GROW YOUR PRACTICE
Running a practice is challenging. If you are looking for ways to increase efficiency, improve client experience, manage your team, or increase profitability, reach out to us for tools and strategies to support you in the evolution of your practice.
START YOUR FAMILY PRACTICE
Hive can support you to create a business plan and a financial forecast to help your vision become a reality. Throughout the startup process, we can provide you with insights, guidance, and resources to determine the feasibility of your vision, and put a plan in place to seek financing and outline next steps.
HOW WE CAN HELP
Practice Startup
Develop a business plan to aid your vision and to summarize all relevant aspects of your business prior to investing money or taking on liabilities.
Develop a clear and accurate financial forecast to share with investors or commercial bankers, or if you’re financing personally, to understand your start-up costs, the impact of various scenarios, and profit potential of your venture.
Identify key risks to your clinic, and implement plans to mitigate those risks before they become unsurmountable.
Identify key success factors to make your clinic successful. For example, what will be your main referral pathways? How can you identify other providers who might compliment your clinic services?
Explore how to properly onboard and hire staff for your clinic at the appropriate levels and with clear job descriptions, task delegation and competitive remuneration levels.
Optimize or Grow Your Practice
Explore your current practice bottlenecks or inefficiencies, and unpack how new processes, policies, or technology can help to alleviate inefficiencies.
Analyze current utilization of your physical clinic space, understand how optimization of both in-clinic and virtual work can lead to revenue generating opportunities.
Track and improve practice metrics to increase profitability metrics such as provider-to-staff compliment, time to task completion, or billed-to-paid ratio.
Complete feasibility analysis for opening additional clinic locations including identifying opportunities for economies of scale and profit potential with this growth.
Explore how the addition of services, clinical staff or health authority resources can impact your current clinic operations and help calculate the true financial burden associated with these services or resources (Eg. Integrating a nurse in practice).
PAST CLIENTS
““I would highly recommend Hive to any clinics looking for support in all facets of practice management. The team at Hive armed us with tools and resources to help us become more sustainable and efficient on our own.””
CONTACT US
Contact us to get help with your family practice clinic today.
