Excellent Patient Care
The day I became a family nurse practitioner I vowed that within 5 years I would open my own clinic. I soon got a job at an urgent care center in Lehi, Utah. I worked there for 2 years as a practitioner and director. I loved it, my patients were great, and I was paid well.
The clinic was bringing in over $50,000 per month from insurance payments. I estimated that with rent, supplies, insurance, and other employee wages, it cost about $32,000 per month to operate. I appreciated my wage, but it was far less than the $18,000 monthly profit that the clinic was making. I wasn't greedy, but I didn't like making someone else wealthy just for owning the clinic. It didn't matter how hard I worked that day, I was still paid the same. I wanted something that would pay me for how productive I was, so I opened my own clinic in January 2008.
OK, I admit, I miss my old wages. When I first opened the clinic, my wife asked me when I would make as much in 1 week as I used to in 1 day. It has been a tough start, but things are getting better. In April the clinic brought in just over $7,000 before expenses. Since I am the only employee right now my expenses are low, and I could actually make my house payment. J
If you are considering opening your own clinic, just do it. However, be prepared for some heartache, sleepless nights, long hours and, probably, a lower income for a while. I have seen as many as 16 patients a day and as few as one, but my monthly averages are steadily rising.
You have to work hard and keep positive. Set daily and weekly goals of how many patients you will see, and then do all you can to get them in. Once they do come in, treat them very well and they will return, with friends!! My goal is to see 20 patients a day on a consistent basis. When I average 10 a day, I will hire some part time help so I don't have to work all the hours.
Whatever you do, put your whole heart into it. There is no reason why an NP-owned clinic cannot be profitable and a great benefit to the community. It just takes some time and a lot of work. Don't settle on organizing a clinic that is just mediocre.
I frequently read about other NP start-ups that just get by, and that is OK as long as they are doing their best. However, I have a family to support and a mortgage to pay. I am going to make this clinic, and others in the future, as profitable as I can. I don't feel bad doing that, because I am going to be providing excellent patient care and my patients will benefit by coming to my clinic.
Aaron Hartle, FNP
Pace Clinic (owner)