DALLAS
How to Start Your Own Medical Practice: Part Two
By: SMITHA GOPAL— In our last post, we took a look at some of what’s involved in starting your own medical practice from a business perspective. In this post, we’ll discuss other important elements to consider once you become your own boss, from staffing to marketing to patient care. Once you’ve secured funding, found a good location,…
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How to Start Your Own Medical Practice: Part One
By: SMITHA GOPAL— Decades ago, most doctors graduated medical school and opened their own practices. These days, however, it’s more common for young physicians to take jobs working for large health systems or hospitals. The number of physicians in solo practice was just over 17 percent in 2014, down from more than 40 percent in 1983,…
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Let’s Talk: Do you have what it takes to start your own practice?
By: Treloar & Heisel — “Let’s Talk” is a series of conversations with industry thought leaders on topics surrounding the business of dentistry. Designed as part of the “Business Brush-up” initiative by Treloar & Heisel, it provides education and ideas for soon-to-be dental grads, and recently graduated dentists or specialists, as well as anyone who feels…
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5 business plan mistakes to avoid when starting a medical practice
By: MedicalDirector.com — A strategic approach to your business plan can ensure your medical practice is not only up and running smoothly, but continues to grow and achieve optimum patient outcomes. Avoid these common pitfalls and you’ll be on your way to getting your exciting new practice off the ground. 1. An ill-determined business structure When…
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The Doctor is in: Healthcare is the New Retail
By: INDUSTRY INSIGHTS (commercialobserver.com) — There was a time not long ago when you could spend a leisurely afternoon at Park Avenue and 57th Street browsing for books at the local Borders Books outlet. If you go to that location now, you’re probably there for health-related reasons. With the transition to e-commerce, it’s little surprise that Borders,…
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The Journey to a Successful Practice
By: James G Chelnis, MD — For most ophthalmologists, our training often skips over the tools we need to start a practice. This panel was designed to educate budding ophthalmologists on what it takes to start a business, build a practice, and evolve into a successful ophthalmologist. Drs. Ho Sun Choi, Sean Paul and Sandy Feldman have…
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Cost vs Reward of Opening a Medical Private Practice
By: Doctorly.org — COST VS REWARD OF OPENING A MEDICAL PRIVATE PRACTICE Although considered one of the most challenging endeavors in the health care field, starting a medical private practice is also viewed as one of the most rewarding accomplishments for a physician or medical professional. The ability to make decisions and provide treatment that…
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Protecting Your Practice: Fraud, Theft, & Embezzlement
By: Kara D. Kelley, SHRM-CP, Parkhurst & Associates CPA PC — Take a minute to Google the search phrase “Receptionist forging prescriptions.” You should pull up about 614,000 results. Now search for “office manager theft.” You’ll likely get about 1.2 million results. The first pages of both of these searches are filled with articles about…
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Medical training is over. What’s the next chapter?
By: MANU PRATIVADI, MD — Today is a strange day. I treated myself to a slice of nondescript doughy hospital pizza for lunch today. If this was an actual pizza place, and I had a choice, I would never order this pizza. But today, the pizza tasted fantastic. In fact, it tasted like the best pizza I’ve…
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Coworking vs. Traditional Office Space
By: STEVE GILLESPIE— When starting a business, there are thousands of decisions to make. One of those is whether or not you need a traditional office space. You could set up shop in a coworking space but which is better for your company? Coworking vs. traditional office space is a question with a different answer…
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