Healthcare provider GPO for insurance rate negotiation

Organize independent healthcare providers (dentists, physical therapists, family physicians) in a geographic region into a group that collectively bargains with insurance companies for higher reimbursement rates. Individual providers have no leverage against large insurers, but a group of 50-100 providers in a region gains significant negotiating power. Charge a membership fee and provide ongoing support, education, and contract negotiation services.

Startup Budget

$5K – $50K

Difficulty

Advanced

Business Type

Hybrid

Location

Urban

Time Commitment

Full-time

Revenue Potential

$10000-$50000/month

Skills Needed

healthcare industry knowledgeinsurance contract negotiationcommunity buildingsalesregulatory knowledge

Watch the Full Breakdown

Healthcare provider GPO for insurance rate negotiation — YouTube thumbnail

Watch on YouTube — Chris Koerner

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