Risk Free Telehealth With OpenTelemed
OpenTelemed offers risk-free telehealth with a complete digital setup, training, patient management, and all essential resources in one place. Experience seamless, secure healthcare today!
Medical practitioners, including Nurse Practitioners (NPs), Registered Nurses (RNs), Medical Assistants (MAs), Physicians, and Holistic Practitioners, often aspire to open their own businesses or clinics to practice independently after completing their education. However, many face significant challenges that deter them from realizing this dream. This article explores these challenges and highlights how OpenTelemed provides a comprehensive solution to support independent medical practice.
A significant barrier for many medical practitioners is the lack of business education. Over 95% of graduating practitioners are business ignorant, which severely hampers their ability to manage a private practice effectively. This lack of business acumen leads to a high failure rate, with 95% of physicians in private practice failing within the first five years. This issue is compounded by the fact that most medical students do not receive adequate training in business management during their education.
Starting a private practice can be prohibitively expensive, requiring substantial startup financing. Additionally, navigating the complex web of legal compliance and federal policies can be daunting. For instance, independent practitioners must deal with issues such as reliable broadband connectivity, technical challenges, and the legalities of providing services across state lines. These financial and regulatory burdens contribute to the decline in the number of practitioners working in private practices, which fell by 13 percentage points from 60.1% to 46.7% between 2012 and 2022.
The economic and administrative stress associated with running a private practice is another significant deterrent. Physicians are increasingly moving away from independent practices due to fiscal uncertainty and economic stress. The share of physicians who were self-employed fell by 9 percentage points from 53.2% to 44% between 2012 and 2022. This shift is emblematic of the broader challenges faced by independent practitioners in maintaining a viable business.
The Role of OpenTelemed
OpenTelemed understands the need and value of independent skillset practice. To address the challenges faced by independent practitioners, OpenTelemed offers a comprehensive digital setup that includes a personalized website, email, Electronic Medical Records (EMR), and a support team. This setup is designed to be accessible and affordable, with high-cost telehealth setups provided at subsidized fees.
Starting a private practice can be prohibitively expensive, requiring substantial startup financing. Additionally, navigating the complex web of legal compliance and federal policies can be daunting. For instance, independent practitioners must deal with issues such as reliable broadband connectivity, technical challenges, and the legalities of providing services across state lines. These financial and regulatory burdens contribute to the decline in the number of practitioners working in private practices, which fell by 13 percentage points from 60.1% to 46.7% between 2012 and 2022.
One of the most significant advantages of partnering with OpenTelemed is the assurance of patient acquisition. OpenTelemed provides access to a network of 200 to 500 patients per state, making it especially advantageous for medical professionals holding interstate practitioner licenses. This robust patient acquisition model ensures that practitioners have a steady stream of patients, thereby reducing the financial risk associated with starting a private practice.
Choosing OpenTelemed is a journey of endless rewards with no obstacles in your way!
We recognize the dedication and passion you bring to your work, which is why we prioritize your financial security at every turn. With us, you’ll benefit from guaranteed capitation for in-network patients, a continuous flow of patients, and a stable digital presence to support your practice.
Test Practice
We believe in transparency, which is why we offer a free test practice setup. This allows you to experience our personalized platform firsthand, showcasing how the telehealth practice operates, including features like appointment booking, service offerings, online payments, registration, enrollment, EMR, and more.
Self-Paced Training
OpenTelemed offers a comprehensive range of telehealth and specialty-specific training, complete with demonstrations. Our goal is to ensure that you feel fully prepared and confident in your skills while also complying with all federal requirements. We are dedicated to supporting your success in the telehealth field.
Insurance Credentialing
OpenTelemed provides thousands of dollars in insurance credentialing at no cost to help you continue receiving patients, whether or not you are using our services. This support will establish your credible footprint in the healthcare industry, enhancing your reputation and ensuring you can serve your patients effectively.
Capital Credit
We believe that good things take time, and we value every penny of your investment. That's why we offer a Digital Wallet with a Capital Credit of $2,000. This contribution is designed to support your digital infrastructure, compliance needs, and other essential resources, ensuring that your time and efforts are well-backed.
Stable Network Patients
We partner with United Health Access to provide you with uninterrupted in-network patient flow and capitation. This collaboration ensures that you can focus on delivering quality care while enjoying peace of mind, knowing that your practice is supported by a reliable network and steady patient access.
Complete Digital Infrastructure
OpenTelemed provides a complete, personalized digital telehealth infrastructure and automation, including a payment portal, patient portal, EMR, clearinghouse, services page, and professional email—all secured for HIPAA and ePHI compliance. Everything you need is conveniently integrated in one place for you and your patients.
Portable Labs
We recognize that lab services are essential during treatment. That's why we partner with thousands of labs nationwide, ensuring we can allocate a nearby lab based on your request and the patient's location. This commitment helps streamline the process and enhances the care experience for both you and your patients.
CLIA Certificate by Human Health Services
We apply for CLIA certification to ensure you can conduct certain low-level lab tests virtually, in compliance with federal guidelines. This helps guarantee that you meet all necessary regulations while ensuring you are compensated for your efforts, making the testing process efficient and compliant.
Unlimited Continuing education Course Accessibility
Education is the backbone of the healthcare industry, which is why we provide unlimited online CEUs with accreditation at no cost. You can easily access our website to choose any platform and start your CEU journey. Additionally, you can book a meeting for assistance whenever needed.
Digital Dashboard
Transparency is key to building trust, which is why we provide a live dashboard equipped with comprehensive support and training tools. This allows you to access all resources in one place, including patient rosters, compliance certificates, licenses, and more—available to you anytime you need them.
Patient Access
Access to a patient roster assures practitioners of the trust and authenticity of the process, providing clarity on patients' conditions and aiding in preparation. That's why we offer a clean and transparent patient roster accessible directly within practitioners' dashboards for easy management.
Support Team
Running a telehealth practice independently can be challenging. That's why we offer a dedicated support team, including supervising physicians, billing contractors, appointment booking representatives, and digital marketing support. This allows you to focus on patient care while ensuring compliance.
Shared Malpractice
Practicing telehealth online is often more challenging than it appears. That's why we provide a well-designed, personalized shared malpractice insurance to protect you. This support ensures you can focus on delivering quality care without worrying about potential legal issues.
Wellness Program
Healthcare professionals also need care. That’s why we offer a well-designed holistic wellness program to protect your health from negative energies and help you maintain a positive, energetic outlook every day. You will receive a membership package upon joining to get you started on this journey.
Business Banking and Online Payments
Running a telehealth practice independently can be challenging. That's why we offer a dedicated support team, including supervising physicians, billing contractors, appointment booking representatives, and digital marketing support. This allows you to focus on patient care while ensuring compliance.
Meet Our Teams
Enrique Hill
Tech Team
Louise Kennell
Legal Support
Diane Miramontes
Patient Roster Support Team
Sophia Anderson
Sales & Marketing