Startup DPC Testimonial
Startup DPC Blog
by Paul Thomas
6M ago
Startup DPC Testimonial This week, we got a really nice testimonial from Alexandra A. about our Startup DPC book and Sales Funnel Course: Thank you so much Dr. Thomas! I read your Startup DPC book at the end of my first year of residency, and it has been such a help as I've started my journey. Thank you for everything you have done for the burgeoning DPC community. Thank you to everyone who has picked up a copy of the book or one of the courses - I appreciate all of you! -Paul Thomas, MD ..read more
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How to Hire a Doctor for Your Direct Primary Care Practice
Startup DPC Blog
by Paul Thomas
10M ago
How to Hire a Doctor for Your Direct Primary Care Practice As a Direct Primary Care doctor, you started an amazing practice, and you’ve worked so hard up to this point to build out your work flows and to grow your panel, optimize revenue collection, and train your staff. You’ve done such a great job that, now, you’ve got a waiting list! Congratulations! People have heard great things about your clinic and they’re ready to signup! Just one little problem - you’re fully booked and you can’t take on any more patients, and you really would like to go on a care-free vacation. Sounds like it’s time ..read more
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What Payroll Option Should I use for my Direct Primary Care Practice?
Startup DPC Blog
by Paul Thomas
1y ago
Payroll for your direct primary care practice can be scary - for most doctors who start a direct primary care practice, this is the first time paying themselves and it’s their first time paying employees. But, don’t be scared any more! By the time you finish this blog post, you will have a good idea of how to pay your employees in a reasonably easy way. All the options There are several payroll options available for small business owners, including: Manual Payroll: This involves calculating and processing payroll manually using spreadsheets or paper-based systems. While this option is low-co ..read more
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Can a Direct Primary Care Practice go from $1,000,000 in Annual Revenue to $10,000,000 in Annual Revenue?
Startup DPC Blog
by Paul Thomas
1y ago
Can a Direct Primary Care Practice go from $1,000,000 in Annual Revenue to $10,000,000 in Annual Revenue? Direct primary care is a growing business practice in primary care. Many doctors start successful practices by recruiting about 400 or 500 patients and having them pay $60 or $80 monthly. With these examples, it’s easy to see how a doctor could earn $288,000 in annual revenue up to $480,000 in annual revenue. Now, if there are two or three doctors in a practice, it’s easy to see how one office can generate $1,000,000 in annual revenue. As a side note, annual revenue does not mean take home ..read more
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Key Performance Indicators for your Direct Primary Care Practice
Startup DPC Blog
by Paul Thomas
1y ago
Key Performance Indicators for your Direct Primary Care Practice Key Performance Indicators or KPIs are the important markers for your success or failure in direct primary care or any business for that matter. If you have satisfied patients, that’s great - but can you measure patient satisfaction? If you are managing your diabetic patients with excellent care, that’s good, but can you measure the average a1c in your practice? What about total revenue and percentage of revenue collected? When you start a DPC practice, you may not think about these KPIs at all, but as you grow and become more so ..read more
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Dr. Paul Thomas on the Soul of Enterprise Podcast
Startup DPC Blog
by Paul Thomas
1y ago
Dr. Paul Thomas on the Soul of Enterprise In February 2022, Dr. Paul Thomas was featured in an episode of The Soul of Enterprise with Ron Baker and Ed Kless. In the episode we discuss all things Direct Primary Care! and they plug my book, Startup DPC: Dr. Paul WROTE THE BOOK on Direct Primary Care. It’s called Startup DPC. Ron recommends this book because you can learn a lot from Dr. Paul’s experience. Here’s the Amazon link. Here’s the full interview. Dr. Paul Thomas is a family medicine physician who started Plum Health DPC in 2016, right out of residency. He is a board-certified Family Medi ..read more
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Why Direct Primary Care Practices Fail
Startup DPC Blog
by Paul Thomas
1y ago
Starting a direct primary care (DPC) practice can be a rewarding and fulfilling career choice for doctors, but it is not without its challenges. In this blog post, we'll explore some of the common reasons why DPC practices may struggle to get off the ground or fail to grow. Lack of understanding of the DPC model One of the biggest obstacles for DPC practices is a lack of understanding of the model among both patients and other healthcare providers. Many people are not familiar with the concept of DPC, which operates outside of the traditional insurance-based system and instead relies on ..read more
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Making Donations as a Direct Primary Care Practice
Startup DPC Blog
by Paul Thomas
1y ago
Making donations as a direct primary care practice This year, we made many donations to local charities in our community, from $100 to $1,000, gifts can be impactful and go a long way, especially in a small town or a close-knit community. As physicians, we have an obligation to give back, to enrich the lives of others. Some of my favorite categories to give to include health and wellness, children and families, and recreational activities. A shout out from a company that we donated to this year. For your direct primary care practice, donating to a local charity can build good will for your pr ..read more
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Our Most Popular Startup DPC Courses
Startup DPC Blog
by Paul Thomas
1y ago
Direct primary care (DPC) is an alternative model of primary care that is gaining popularity across the United States. It emphasizes a personalized, patient-centered approach to care and eliminates the need for insurance. However, starting a DPC practice can be challenging. That's why we've developed multiple courses to help you along the way. Our first most popular course, "Writing a Business Plan for a Direct Primary Care Practice," provides you with the tools and knowledge necessary to create a comprehensive and effective business plan. This includes understanding the DPC model, financial m ..read more
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What are the biggest challenges to starting a Direct Primary Care Practice?
Startup DPC Blog
by Paul Thomas
1y ago
The Biggest Challenges when Starting a Direct Primary Care practice There are several challenges that doctors may face when starting a direct primary care practice. These may include: Financial risks: Starting a new business always carries some financial risk, and this can be particularly true for direct primary care practices. These practices are often small, and may not have the financial cushion that larger practices have. Marketing and outreach: Direct primary care practices may have a harder time getting the word out about their services, as they are not affiliated with a larger hospi ..read more
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