Practice Cost Tracker

Every dollar spent on building Verdant Family Medicine, as mentioned across the blog. Full transparency.

Category	Amount	When	Details
Legal & Business Formation	$3,500	March 2024	LLC formation, attorney fees, operating agreement, DBA registration
Lease (deposit + first month)	$9,600	May 2024	First month rent + two-month security deposit
Clinic Buildout	$43,500	July 2024	Plumbing ($8,200), electrical ($5,400), HVAC ($2,100), flooring ($3,800), paint ($400), equipment ($12,500), waiting area ($1,200), lab ($4,100), office furniture ($2,800), signage ($600), misc ($2,400)
Medical Equipment & Supplies	$16,000	July 2024	Exam tables, EKG, diagnostics, lab equipment, initial supplies
Technology Setup	$1,200	November 2024	Computers, peripherals, first month EMR subscription
Insurance (first 2 months)	$1,300	November 2024	Malpractice ($650/mo) + general liability
Licensing & Credentialing	$850	November 2024	CLIA waiver, state license, local permits, NPI updates, DEA registration
Marketing & Website	$1,500	November 2024	Website development, local ads, directory listings, branding
Miscellaneous	$2,000	December 2024	Various small costs during pre-opening period
Monthly Overhead (Year 1)	$122,400	January 2025 - December 2025	Rent ($3,200), MA salary ($4,200), malpractice ($650), EMR ($299), supplies ($800), loan payment ($450), misc ($500) = ~$10,200/mo x 12
Salary (months 7-12)	$87,000	July 2025 - December 2025	Started drawing salary at month 6: $14,500/mo x 6 months

Note: These figures are drawn from what I've shared across my blog posts. The startup costs represent everything spent before doors opened in January 2025. The first-year total includes twelve months of operating expenses and the salary I began drawing at month six. Actual numbers may vary slightly from estimates shared in earlier posts as real costs came in.