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New Practice Case Study |
Podiatry · New Practice Launch
From a solo launch to 100 percent of former-group revenue in 120 days
A St. Louis podiatrist left a larger group to go independent. The usual payer contracting timeline runs 4 to 6 months. HRG compressed it and had the new practice billing at full strength in 120 days.
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120 days
To full former-group revenue
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100%
Of former group's revenue reached
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4 to 6 months
Typical contracting, compressed
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Day one
Billing workflow running at launch
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The situation
Leaving a group to launch solo means building everything at once. Workflows, technology, credentialing, and payer contracts all start from zero. New payer contracts had to come together without disturbing the former group's arrangements. The typical timeline runs 4 to 6 months, which is a long runway with no revenue. On top of that, the old group's billing had a history of underbilling that needed correcting. The founder needed stability fast, not in half a year.
What HRG built
HRG built the practice's revenue engine from the first consultation forward.
| ✓ | A custom roadmap from a detailed intake, mapped to the founder's financial and operating goals |
| ✓ | Local payer contracts prioritized by revenue potential, with proactive payer coordination to compress the timeline |
| ✓ | A new CAQH, now DataSpring, profile and a new tax ID, set up cleanly against the group exit |
| ✓ | A streamlined podiatry billing workflow built on same-day chart sign-offs, plus a review that corrected the old underbilling |
The practice could bill correctly from its first day open.
The results
The launch did not stall. Within 120 days, the new practice reached 100 percent of the former group's revenue. Accounts receivable came down sharply from the corrected billing. The practice ran efficiently from day one, not month six. Credentialing and contracting did the quiet work here. They protected revenue that a slow start would have lost.
Going independent and need to bill at full strength fast? Schedule a strategy call with Andy Garcia.
913-937-2995
healthcarerevenuegroup.com
100 percent U.S.-based medical billing and credentialing. Details anonymized at the client's discretion. Outcomes reflect this client's experience and are not a guarantee of future results.