LOREN MURRAY helps allied health practitioners streamline their administrative tasks so they can dedicate more time to patient care. Here she provides a step-by-step guide for hearing practitioners wanting to start their own practice.
Starting your own private practice as a hearing practitioner is an exciting step that can lead to significant professional and personal growth. Whether you’re newly qualified or an experienced practitioner looking to branch out, understanding the essential administrative, financial, and marketing aspects is crucial for success.
This guide covers everything you need to know to set up your practice, from business registration and NDIS compliance to marketing, insurance, and ongoing professional development.
1. Business registration and structure
The first step is registering your business with the Australian Securities and Investments Commission (ASIC). Choose a business structure that suits your needs, either a sole trader, partnership, or company. Each structure has its own implications for taxes, liability, and operational flexibility, so consider seeking advice from an accountant or legal professional to make the right decision.
2. NDIS registration
If you plan to work with clients under the National Disability Insurance Scheme (NDIS), obtaining NDIS registration is crucial. While not mandatory for all practitioners, it significantly enhances the services you can offer and your credibility. The registration process involves compliance with NDIS Practice Standards, requiring thorough documentation, including evidence of qualifications and policies to ensure quality service provision.
3. Insurance essentials
Protect your practice with public liability, professional indemnity, and business insurance to cover potential risks such as negligence claims or property damage. Consult an insurance broker who is experienced in health practices to find the right coverage.
4. Establishing a digital presence
A professional website is essential as your digital storefront, showcasing your services, contact details, and client testimonials. Invest in search engine optimisation (SEO) to ensure your practice ranks highly in online searches. A strong social media presence on platforms such as LinkedIn, Facebook, and Instagram can boost visibility and client engagement.
5. Setting up financial systems and billing
Set up a separate business bank account and use accounting software such as Xero or MYOB for tracking expenses and invoicing. Create a fee structure that covers your costs and aligns with industry standards. Implement a billing system using practice management software that handles scheduling, invoicing, and integrates with Medicare as well as health fund claims.
6. Compliance and documentation
Compliance with industry regulations is crucial to avoid legal and operational issues. Ensure your practice meets standards set by relevant bodies. Maintain meticulous client records, follow data protection laws, and stay updated on changes in compliance requirements.
7. Support from a virtual assistant
A virtual assistant (VA) can greatly enhance your practice’s efficiency by handling client intake, email management, and administrative tasks, allowing you to focus more on client care. A VA experienced in the allied health sector can streamline your workflows and help automate processes, such as appointment reminders and follow-ups, to improve productivity. Their support can help maintain a well-organised practice.
8. Marketing and networking
Attracting clients requires a comprehensive marketing strategy. Use digital marketing techniques such as content marketing, email newsletters, and social media campaigns. Build a referral network by collaborating with local clinics and allied health professionals. Engage with your community through workshops or local events to boost visibility. Networking at industry events and joining associations such as Allied Health Professions Australia can provide valuable connections and resources.
9. Ongoing professional development
Maintaining your skills through continuous professional development (CPD) is not just an industry requirement but also essential for personal growth.
Attend conferences, workshops and webinars to stay up-to-date with advancements in your field. Incorporating evidence-based practices into your work will enhance client outcomes and reinforce your professional reputation.
Starting your own private practice is an exciting milestone in your professional journey, full of opportunities for personal and career growth. While setting up involves careful planning – from registration and compliance to marketing and financial management – these steps lay the groundwork for a practice that thrives.
Embracing the support of VAs, leveraging technology, and building strong networks can help navigate the complexities and focus on providing top-quality care. This venture isn’t just about running a business; it’s about taking control of your career, making a meaningful impact in your community, and creating your success.
About the Author: Loren Murray is director/virtual assistant at Allied Admin Partners, providing online administration services for allied health professionals, along with a membership offering exclusive access to free resources and guides tailored for allied health professionals.