Lactation Business Plan

3256 words 14 pages

Private Practice Lactation Consultant Business Plan
Stephanie Roberts * * * * * * * * * * * * * * Executive summary
Breastfeeding is not only a lifestyle choice but also an important health care choice. Any amount of time that a mother can do it will help both her and the baby. Many benefits of breast milk are noted for mothers, babies, and others. Breast milk has disease-fighting cells called antibodies that help protect infants from germs, illness, and even SIDS. Infant formula cannot match the perfect chemical composition of human milk, specifically the cells, hormones, and antibodies that fight disease. The private practice of lactation
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The lactation consultant is required to maintain current practice, have 25 credits of non-conference education hours, and the consultant must retake the exam every 10 years.
Most private practice lactation consultants charge an hourly fee to the patient and then give them the necessary paperwork to file for reimbursement from their individual insurance companies. The DRG 779.31 is used for lactation consultant for infants under 28 days (Smith, 2003). The lactation consultant will contact insurance companies that service Hamilton County and see how many cover lactation consultant services. Since 2009, several insurance carriers have made significant changes for lactation consultation. There will be an initial charge for a new patient visit and then a lesser charge for each follow up visit. If a mother is unable to pay for the service then the grants obtained will be used to cover this mothers charge. Reimbursement will also come from pump rentals and equipment sales. Retail sales can also increase revenues in the lactation consultant practice. The American Academy of