PICC bu$ine$$ info dump

Specialties Infusion

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okay, for a couple of months now i have heard of various success rates with picc-certified nurses who have broken off with their hospital and independently formed a group that goes to hospitals in their area to insert PICCs.

1. how many of you are doing this and what is the success rate like? one picc a day demand? more than one a day?

2. what is the demand with the hospitals? i know that our hospital trains the supervisors to insert piccs so they "save" on FTE.

3. what is the pay rate like? i heard that its something like 300$ per insertion here in los angeles.

i hope to go into this because it seems like a huge revenue stream that not many are going into (partly because its expensive to train--500$ theory package for MST/US plus additional clinical/actual insertion training--and that not many want to train others).

there is another way that i heard to do this--and that is to partner with an MD who almost always needs a picc for his patients (oncology/chemotherapy, neurosurgeon/neurointerventionalist, intensivist/ICU) and then insert piccs for his demand. the pay i hear is lower--200$ per insertion but then you get the advantage of referral and guaranteed business by way of the MD (of course the MD gets a cut).

4. how many of you are doing this route?

5. what is the success rate like? how is the experience and can you partner with multiple MDs (for more business)?

i also know that medicare reimburses 600$ for picc placement and an additional 80$ if it is with ultrasound--so this is a good business to go into.

i am really studying how to get into this business as i feel i am more a "technical"/"skill"-nurse than a bedside nurse. i have 6 months experience in the SICU fresh from school and i could say i am pretty competent compared to others.

lastly,

6. where do you get the picc materials (actual picc) to train with? i can buy the dvd and books online, but none offer the actual insertion kit.

7. who certifies us as a picc-certified nurse? various companies online are offering classes, but is there an actual, formal, CERTIFICATION given by a goverened body like BRN? companies often just quote position papers by INS/AVA. is this legal?

8. what is the longest time it would take for a picc insertion? i have watched a few and they always never go beyond an hour. 300$ for one hour's work looks sweet, imagine five of them in a day--that's my two weeks' pay!

let me know your thoughts and thanks to those who take the time to read and answer, your help is immensely appreciated and valued.

p.s.--yes, i know there are a bunch of RNs out there who will hurl the traditional "you need years of experience first!", "you're fresh out of school and youre doing this already, take one step at a time", "you should never have gone into nursing if $$$ is all you think of", "stop having delusions of grandeur and earn your time the way we did".

please. do us all a favor and just answer the questions and help out. i highly respect those that paid their dues and got to where they are through difficult means. please find merit in just answering factually the questions aired.

Hi

I know that your post from a year ago, but was wondering how your business was going? In what region do you cover? I am interested in joing in on this much needed service.

does anyone know if there are liscencing that has to be obtained before opening up a picc line service?

I also own my own PICC company and have been for the last 2 years and we are starting to show profit. You do need corporate liablility insurance. The insurance covers you has a company for general liability and for the nurses you hire and you can also take out disability insurance for yourself adn you have the option to cover your equipment and vehicle that carrries your equipment. You company name needs to be okd by the secretary of state especially if you want to practice in more than one state. I started without a medical director and set up my contracts as a fee for service and have them do all the billing.

Specializes in cardiac- tele-ICE-SHU-cath lab/ir.

How did you get accounts when you first started your business? Is insurance for LLC through NSO adequate? How did you know what to charge? Did you supply your own piccs? Did you use tracking devices to ensure placement? What about cxr's for tip placement? Who pays for that? Help me, pleeeeease!

Mary

did you guys found out how much per insertion?

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