Whether you are starting up a business on the side or have already been running a full fledge practice, here are 5 logistical steps that help you get set up for best business practices and work with clients. The following check list provides tips to protect yourself from personal liability, and increase your business marketability as a legitimate healthcare provider.
Read (and save!) our 8 quick tips document, which summarizes the basics of starting a business and contains detailed reference links to help guide you if you are just starting out.
Form a business entity and obtain your EIN. You will need your EIN when submitting any W-9 forms related to your business, including WellSeek and health insurance companies. And most importantly, keep in mind that you need to provide a tax ID when providing a superbill to private-pay clients who wish to submit claims to their own insurance. If you do not have an EIN, you will have to provide your highly-sensitive Social Security Number.
Obtain any required state licenses if you plan to include medical nutrition therapy as part of your coaching services. It is your responsibility to meet the license requirements in your state to provide the services you plan to offer. *
Obtain and submit your NPI for verification. * *
Obtain and submit your liability insurance for verification. * * *