presented by Denise Dougherty
Financial Disclosures •Honorarium - MedBridge •Honorarium ASHA –Private Practice Essentials: A Practical Guide for Speech-Language Pathologists •Private Practice Owner
Non-Financial Disclosures •Past President AAPPSPA –American Academy of Private Practice in Speech Pathology and Audiology •Quality Insights of Pennsylvania
Satisfactory completion requirements: All disciplines must complete learning assessments to be awarded credit, no minimum score required unless otherwise specified within the course.
Denise Dougherty, MA, CCC-SLP
Denise Dougherty owns a private practice in Indiana, PA. Ms. Dougherty was an adjunct faculty member at York College of Pennsylvania and Wesley College in Dover, Delaware. She is a past President of the American Academy of Private Practice in Speech Pathology and Audiology (AAPPSPA), received the Academy’s 2007 Honor Award for her achievements and…Read full bio
1. My Business Plan
Once you have had the opportunity to research and consult, the knowledge you’ve gained will help you devise your business plan – what niche can you fill? Strengths, weaknesses, opportunities and threats (SWOT) can be identified. That information will help you determine your potential referral sources, marketing and networking tools and development of policies and procedures.
2. Business Finances
You need to make financial decisions as you plan your practice. Should you be an insurance provider, cash provider only, or a combination? It is critical you look at the area your practice will serve. A strictly cash practice may not make sense. There is a process to become an insurance/Medicare provider but it takes time. How much money does it take to keep your doors open – what are your expenses and your fee structure. If the cost of doing business is greater than your revenue stream, where do you cut costs? Being proactive and facing these questions head on instead of ignoring them can be the difference between a successful, financially healthy practice and having to close your practice.