130: Start a Healthcare Business with No Funding episode artwork

EPISODE · Jul 10, 2024 · 37 MIN

130: Start a Healthcare Business with No Funding

from The Better Outcomes Show · host Rafael E. Salazar II, MHS, OTR/L

How do you start a healthcare business with no funding?Let's play a constrain-based game. You are a clinician and want to start a business that leverages your clinical degree/skills. It can be direct clinical care (like a practice), some sort of clinical innovation (like a device/invention) or an infrastructure play (like a software or professional services solution). Here's the constraint:  You can't get any outside funding for this venture. No loans & no investors; you're bootstrapping this thing. You are going to start a healthcare business with no funding.Here's what you want for this business:It can provide the same (ideally higher) income as you would earn as a staff clinician in a relatively short timeframe (you don't want to spend 5 years in side gig mode)It can scale without your direct input (you eventually don't want to be the one directly providing the service or solution)What we cover in this Episode:-Understanding some of the drivers that lead people to choose healthcare as a career-Creating digital (or in-person) communities for healthcare providers-Using content and knowledge translation to start a healthcare business that doesn't require patient care-How to craft a value proposition for your healthcare business-Leveraging technology to start & scale a business that leverages your clinical skills-Achieving Better Outcomes by taking control of your healthcare career through business ownershipLearn More: https://rehabupracticesolutions.comPodcast: https://www.betteroutcomes.showGet the Book: https://amzn.to/3M2UZ6xBook a call with me: https://calendly.com/rehabu/discoveryConnect with Me: https://www.rafisalazar.com If you'd like to learn more about Strata EMR & RCM and achieving a 99.99% reimbursement rate for your PT, OT, or SLP Clinic head over to stratapt.com and book a demo with their team!

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