Membership
Improve business acumen, operating efficiencies, and income, all while preserving your independence
HPA’s Champions Program is for dentists and physicians nationwide who desire to remain independent. Our unique model was born in response to the rapid decline of provider owners in recent years and the harmful consequences experienced nationwide by patients and doctors alike. As an HPA Member, physicians and dentists can take advantage of convenient common-sense solutions by surrounding their practices with an expansive selection of best-in-class services at vastly reduced rates. Add that to our exclusive Champions Warrant offering, and you have the most innovative approach to building practice value and personal wealth for independent doctors ever seen in the healthcare vertical.
The Champions Program Highlight
You become part of a collaborative Alliance of doctors.
Your practice enjoys better buying power through the Alliance.
You retain 100 percent of your practice.
You have a path for equity ownership stake in a company that is serving you
Your potential future appreciation in value of HPA shares is separate from your practice operations.
The HPA Difference
Unlike most organizations which seek to own or control practices, HPA is on a mission to preserve independence in healthcare. Doctors
in private practice join HPA as a member, which brings buying power, industry leverage, organization, and greater efficiencies without selling or giving up autonomy in how you treat patients or run your business. Through our novel Practice Equity Program (PEP), HPA members can also become shareholders which means Member Practices not only have access to our invaluable in-house and partnered services at a discount but they’re essentially buying those services from themselves. When you include the Champions
Program Warrant offering, HPA Members gain the benefits of potential long-term equity gains without cost at the time of grant
How the Champions Program Works
Step 1
You apply for and then execute the HPA Champions Membership Agreement and subscription documents to receive Warrants (and optionally purchase shares) as described in the Champion Private Placement Memorandum.
Step 2
Your Practice can immediately begin enjoying the benefits of being an HPA Member including: DataDx, a dedicated practice concierge known as your Regional Manager, all the in-house consulting and discounted partnered services you need to maximize your operational performance.
Step 3
Upon the maturity date of your Warrants, you can elect to exercise your Warrants to purchase Shares. Upon exercise, you decide what you want to do with your Shares while retaining 100% ownership and autonomy of your business. Once you obtain ownership of Shares under this program, you may potentially be able to sell your Shares, or you may wish to keep them for long term potential appreciation and potential dividend income, subject to state and federal securities laws. It is 100 percent your choice. Meanwhile, as long as you’re a member of the Alliance, you can utilize the many discounted services that build greater value in your business. Even after you retire and eventually sell your practice, you can continue to own your part of HPA for as long as you like.
Step 4
Enjoy the practice you’ve built by making a wise investment in yourself and staying true to your way of practicing medicine.
There are many aspects of the HPA Champions Program which warrant deeper discussion and exploration. To learn more contact us today or join us for an upcoming Model Presentation to see if Membership is right for you.
Frequently Asked Questions
What is HPA?
Health Professionals Alliance (HPA) is a group purchasing organization that leverages technology to help independent medical and dental practices become more profitable and thrive in today’s market. Not only do HPA members receive discounts to services they already use but they also have the option to become owners in the company. HPA prides itself on a being a company built to support the independent doctor which is why our Advisory Board is comprised of physicians, dentists, and industry experts.
Health Professionals Alliance (HPA) exists to support and enhance independent medical and dental practices. Our membership model brings best in class solutions to private practice – all technology enabled and scalable. We believe that while many options for the doctor of today exist, HPA is the answer for those that desire independence, are innovative and hungry for a brighter future. The HPA team has decades of practice management and business experience and have built an ancillary model that alleviates the need for a doctor to give up their independence. At HPA we believe in putting the care of patients back into the hands of doctors and HPA Membership can accomplish this. Doctors are better together.
How does HPA Differ from Private Equity (PE) / Corporate or Hospital Consolidation?
HPA exists to support independence in healthcare and to preserve private practice. It is our belief, and that of our members, that corporate consolidation has been a negative trend in healthcare. This trend has impacted doctors’ ability to earn as much and their ability to care for their patients the best way they see fit. It has taken control out of the hands of doctors and left patients with few options and often higher costs.
At HPA we do not buy practices, rather we support independent physicians and dentists with the tools, resources, and team to thrive in their market, reduce their operating burden, and put more of their time into their patients and themselves.
How is the HPA MSO/DSO Different?
HPA differs from a traditional MSO/DSO in a variety of ways. Our model gives our members unmatched flexibility, access to tools, resources, and team to support their operations 100% on their terms. It is a membership driven model in which services are utilized as needed. We partner with the practice in their region on a specialty basis to bolster the administration of the practice. HPA does not own the clinical assets of the practice.
What Services Does HPA Offer Private Practices?
HPA offers a range of best-in-class support services designed to help a physician or dentist operate, improve, and grow their business on their terms. Some of these services are internal while others are delivered through carefully selected external vendors, and all of which are vetted, and refined to help practices thrive.
Services include, but are not limited to: Data analytics, contracting, credentialing, compliance, billing and collections, marketing, HR, finance, IT support, wealth management, consulting, and a variety of support services. Most are highly customizable and tailored to the unique needs of each practice.
As a member of HPA, these services cost less than can be found on the open market, and as an Owner-Member in HPA, they help drive overall share value.
What Does it Cost to be a Member of HPA
The cost of membership is less than $1000 a month* and the value provided through the membership makes it not only a net neutral investment but a highly profitable investment. The membership fee includes DataDX, a world class, real-time data analytics dashboard, and access to a concierge-type account manager (Regional Manager) and consulting support services. Others services are purchased a la cart at a discount for members.
Owner-Members not only gain all the advantages of membership but also get to participate in the overall financial gains of the company as a shareholder.
Membership in HPA is limited to independent medical and dental practices and only select practices qualify. Click here to explore membership.
(*per provider, discounts assigned based upon practice volume).
How do I Learn More/Join HPA?
We offer webinars lead by senior leaders of our Dental and Physician divisions, to register for an upcoming Model Presentation Webinar, click here.
The Fine Print
This Champions Program summary is for information, education and discussion purposes only. This document does not constitute legal or tax advice and is for your information only and is not intended to be used by anyone other than you. This information does not purport to be a complete description of any investment or the business aspects of investing in Health Professionals Alliance Inc. The information provided in this document is general in nature and does not relate to any specific investment opportunity, company, fund, promoter or sponsor.
Generally, the offer or sale of Health Professionals Alliance Inc. securities will not be registered under the Securities Act of 1933, as amended (the “Act”) or any other Federal or state securities laws, and may not be offered or sold within the United States or any other jurisdiction, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Act and any other applicable securities laws and various state laws. Such securities will not be transferable except in accordance with the restrictions set forth in applicable securities laws and Health Professionals Alliance Inc.’s Stockholder Agreement. Any securities offered through an HPA Private Placement Memorandum will be offered pursuant to the exemption from registration under the Securities Act of 1933, as amended (“Securities Act”) pursuant to Rule 506 (c) under Regulation D promulgated by the Securities and Exchange Commission (“SEC”). All prospective investors must certify that they are accredited investors, and provide either supporting documents or third-party verification, eligible for this type of illiquid investment, and must acknowledge that they have received and read all investment materials.
THIS CHAMPIONS PROGRAM SUMMARY DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION IN SUCH JURISDICTION. ANY OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES MAY ONLY BE MADE PURSUANT TO THE AUTHORIZED PRIVATE PLACEMENT MEMORANDUM. SUCH AN OFFER OR SOLICITATION WILL ONLY BE MADE TO ACCREDITED INVESTORS IN JURISDICTIONS IN WHICH SUCH AN OFFER OR SOLICITATION MAY LEGALLY BE MADE.
A Doctor Owned, Doctor Led Alliance
