Elizabeth Jones, FNP-BC, has been an NP for 8 years. She has worked in the primary care setting, as well as the urgent care setting. She is considering relocating to a state that allows for unrestricted independent practice and opening her own primary care clinic. There are multiple benefits to owning an independent practice. However, owning a practice requires extensive knowledge and support. For an NP to establish independent practice, an appropriate plan must be developed.
For this Assignment, you will create a Business Plan for the potential future business.
Write a 2 page paper Business Plan that addresses the cost for establishing your own independent practice in your home state, including:
o Clinical site expenses
o Employee structure and expenses Supplies
o Utilities and other overhead expenses
o Malpractice insurance
o Continuing education expenses
o Accounting fees
o Services identified that you will provide (e.g., primary care services, drug screens, DOT exams)
o Projected monthly income necessary to support your independent practice