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Dany Lafontaine
By
May 06, 2021

How to open your own practice during Covid-19

Whether you're a new physiotherapist, chiropractor, massage therapist, kinesiologist, athletic therapist, or a seasoned professional looking to expand your business, setting up a new clinic during a pandemic requires key considerations. If you’re planning on opening a clinic in 2021 and beyond, here are tips to ensure a safe experience for you, your patients and your staff.

 

Get the latest health and safety guidelines

Talk to your peers, associations or local health authorities to find out what they recommend in terms of health and safety precautions. Depending on your location across Canada, health and safety guidelines may differ and evolve quickly over time. By staying up-to-date, you’ll be able to better plan for capital expenditures, operational costs, daily clinical operations and staff procedures. For example, wearing PPE, taking patient and staff temperature readings and scheduling virtual appointments will require you to make investments and instill protocols to follow when opening a clinic. 

 

The Government of Canada regularly offers COVID-19 updates for healthcare professionals.

 

 

Rely on professional clinic set up advice and services

Choosing the right supplier for your important life changing project is just as important as selecting the right equipment.  Opening a new clinic or expanding an existing one can be quite a stressful and daunting task and your supplier of choice can make all the difference.  There are many factors that need to be considered and addressed with the help of experts. How can you maximize the return on your investment? What capital equipment and clinical supplies should you purchase for your clinic? What logistical considerations should you be aware of? What are your financial options?  Should you contemplate new technologies to differentiate your clinic from the competition? OrthoCanada's team of experts is here to answer these questions and will support and guide you through the process from equipment selection, to financing options, to logistic planning for all clinic sizes.  

 

You can download a clinic setup checklist here. Or, if preferred, you can reach out to a member of OrthoCanada’s Clinic Setup team

 

dany

karen

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Dany Lafontaine 

PhD
Capital Equipment Consultant

1-800-561-0310 ext 1720

Book a consult

Karen Wright

 

Capital Equipment Consultant

1-800-561-0310 ext 1719

Book a consult

Razi Khaddage

B. Eng
Director of Capital Equipment Sales & Services

1-800-561-0310 ext 1704

Book a consult

 

Invest in capital equipment that will last

The cost of capital equipment is not an expense - it's an important investment for clinic owners.  Whether you're opening a new clinic in a commercial or residential space or offering mobile services, the selection of capital equipment is crucial.  Investing in products that are durable, reliable, effective and efficient will decrease the long term operational costs of your clinic. There are many factors to take into consideration when selecting capital equipment such as the manufacturing location, warranty, engineering and post sale support and service to name a few.  Let OrthoCanada's team of experts enlighten you on all these factors and help you choose the equipment that best meets the needs of your clinic and your budget. 

 

OrthoCanada has designed a new catalogue called Solutions for the New Normal that you can download for free. This catalogue was specifically developed to support healthcare professionals as they adapt to a new way of caring and treating patients. It includes a wide range of capital equipment and supplies, and features carefully selected bundles at a discounted price for physiotherapists, chiropractors and massage therapists. We're confident that you will find a bundle that will meet your clinical needs and budget. It’s a must-read and practical starter tool for any clinic opening or expansion.

 

 

Crunch your numbers and consider leasing

When opening a clinic, the math can be daunting. Creating a realistic budget will go a long way in ensuring a heathier practice. It's recommended to list all of the required expenses needed to open and operate your clinic daily, and categorize them into a chart of accounts. Expenses that need to be considered are CAPITAL EQUIPMENT, CLINIC SUPPLIES, administrative supplies, insurance, marketing, rent and utilities, repair and maintenance, and salaries. OrthoCanada can support you in this process by providing you with a quote for capital equipment and supplies that can be used in your business plan and/or to approach a financial institution for financing approval. 

 

Equipment can be purchased or leased. Leasing is a fantastic solution, with tax benefits, for new and existing clinic owners.  Leasing equipment makes it possible for clinic owners to invest in new technologies that set their clinic apart. And, it makes it possible for clinicians to invest in equipment that might not otherwise have been possible to purchase because of budget constraints. Monthly payments are reasonable and can be tailored to meet your monthly budget.  OrthoCanada is proud to have a financial partner that will provide insight and guide you through the leasing process. OrthoCanada, through our leasing partners, provide financing options  

 

leasing option

 

While the global pandemic has changed the way clinics operate and how therapeutic services are delivered, opening your own practice remains a possible reality and can be done safely and in line with your vision. Contact OrthoCanada today and let’s get started on your new project!

 

 

 

Additional Information

Canada’s COVID-19 Economic Response Plan

  • Canada Emergency Business Account (CEBA)
    The Canada Emergency Business Account (CEBA) provides interest-free, partially forgivable, loans of up to $60,000, to small businesses and not-for-profits, that have experienced diminished revenues due to COVID-19 but face ongoing non-deferrable costs, such as rent, utilities, insurance, taxes and wages. Business owners can apply for support until June 30, 2021 through their banks and credit unions.
  • Canada Emergency Rent Subsidy (CERS)
    Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue during the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021.

 

 

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