Private diagnostic ultrasound business
Hi guys! I am interested in opening a diagnostic cardiovascular ultrasound business. I have an idea of how I would operate things and have a medical director/reading physician. The business would have to be up and running before I am able to get accredited. Which you have to have accreditation to bill insurance. Which means the business would have to operate on a cash self pay basis. I am concerned that people may not be willing to pay cash if they have insurance. Though, I have seen that patients often still have to pay a get bit even with insurance being used for diagnostic exams. I would try to price competitively ranging from $200-$350 depending on market value and exam. At $250, I would need five exams a week to break even and anything else would go towards profit. My other concern is that I would need to gain local physician trust to earn patient referrals.
Side note, I have a family and full time job running an inpatient lab at a top hospital. This would sacrifice more time away from my family and I don’t know if it would be worth it.
Has anyone set up anything similar? Or have any advice to offer?