Addiction psych

[aimedicine]

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One of my business idea is going into partnership with my med school buddy who is finishing residency in psychiatry.....what are some of the pitfalls in starting an addiction psych clinic... how lucrative is it?

 

[Shikima]

One of my business idea is going into partnership with my med school buddy who is finishing residency in psychiatry.....what are some of the pitfalls in starting an addiction psych clinic... how lucrative is it?

Medicaid and no pays as pitfalls.

 

[vistaril]

One of my business idea is going into partnership with my med school buddy who is finishing residency in psychiatry.....what are some of the pitfalls in starting an addiction psych clinic... how lucrative is it?

what does this(an 'addiction clinic') even mean? In an outpt clinic there are essentially only two kinds of services you are going to provide in that capacity(maybe outpt detox too I suppose): opiate replacement meds(suboxone) or be an addiction therapist. You and your friend aren't going to do the latter. As for the former, just call it a suboxone clinic. Not an 'addiction clinic'. As to the profitability of a suboxone clinic, a lot of 'it depends' there. Mostly has to do with how your clinic is set up and what the competition for cash pay customers is(around here the competition for these is fierce)