What 20 ancillary income services make sense?

I’ve seen the economics and risk factors of these below.

We are in the allergy  testing because this has the lowest 360 degree risk profile for nice revenues and no capex upfront. Family Practitioners and Internists will see  value from these.

In order of value;

  • Hormonal screens and treatment 
  •  Sleep labs
  • Allergy skin testing / treatment
  • Cardio pulmonary testing
  • ABI Testing
  • Toxicology screening
  • Pulmonary Function Testing
  • Physical Medicine / PT and NCVs
  • Telehealth 
  • Balance Testing and treatment
  • Blood panels for drug compliance 
  • Psychological screening
  • incontinence testing ( Internists )
  • Skin test for environmental sensitivity 
  • Blood/ saliva  labs
  • Brain injury screening 
  • Ocular/diabetes screening 
  • Pharmacy services 
  • Bone Density Scans ( ObG)
There are four more with more questionable return on investment

Five serious risks with adding any of these, so the model is critical:

  • Chargebacks
  • Licensure
  • Operational
  • Clinical / medical risks
  • Financial / capital risk

The greatest risk—doing nothing.

The models
  • Do it yourself ( high operational / chargeback /licensure/capital risk)
  • Hire am outside agency to consult  ( Medium operational risk/ clinical risk
  • Rent to an outside agency(  lowest of all risks)
  • Rent to a specialist ( no risk)

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