SleepHealth Partners (SHP) works with physicians, multi-specialty clinics and hospitals to cooperatively develop, own and operate high-quality, successful Sleep Diagnostic Centers.   Our low-risk joint venture opportunities allow partners to add to their existing services, reach an expanded patient population and capture the full revenue potential of their practice or facility.

SleepHealth Partners will work with physician partners and staff to oversee all aspects of your Sleep Diagnostic Center, resulting in a turnkey operational facility.   SHP provides its partners with:

Feasibility Assessment & Start-Up Financing
•  Feasibility study completed with 5 year cash flow analysis
•  Annual budget preparation including 6-months start-up budget
•  Third party financial partner review
•  Assist with limited recourse financing for equipment purchases and tenant
    improvement costs
•  On-site presentation to physicians and facility partners

Organizational Structure
•  Work with an established healthcare law firm to provide legal representation
    for the center
•  Form the business partnership (typically an LLC)
•  Form and serve on the Governing Body
•  Guide Governing Body in the selection of Medical Director
•  Guide development and negotiation of Operating Agreement among partners

Building Design & Development
•  Site selection
•  Coordinate lease/purchase negotiations
•  Center design and layout

•  Project and construction management from start to finish
•  Select state-of-the-art medical equipment
•  Coordinate style and acquisition of office furniture and furnishings

Operational Systems & Management Services

•  Coordinate structure of daily operations
•  Provide policies and procedures and updates
•  Implement HIPAA Plan and Compliance Program
•  Conduct employee orientation and training
•  Guide selection and implementation of software system
•  Contract with physician practice for billing and collections
•  Work with partners on third party payor contract negotiations
•  Establish and implement fee schedule with partner feedback

•  Guide recruitment of core center personnel

•  Provide monthly / quarterly financial and statistical reporting
•  Prepare annual operating and capital budgets
•  Guide long-range planning
•  Provide key indicator reporting and management, i.e., cost reporting
•  Conduct education and training of staff
•  Facilitate ongoing hiring, education and training
•  Provide continual risk management and human resource support
•  Assist billing and collections staff
•  Monitor patient satisfaction report

We are committed to the success of our joint venture partnerships.  Please call 800-692-0193 or contact us by email to learn more about Sleep Health Partners' joint venture opportunities.  We look forward to hearing from you.