2 answers
2 answers
Updated
Joanna’s Answer
It's great you're interested in learning about opening up a medical practice! I'm sure there are a lot of benefits to opening up a practice such as the flexibility, but it's sadly not all sunshine and rainbows. I currently work with a provider who opened up his own allergy clinic and there are a lot of struggles he faces as well. The main thing is insurance. Insurances have very specific protocols/rules of what they can accept during a consultation so patients often aren't able to get everything or the answers they want the same day. If you go against this, the insurance essentially won't pay the provider and the office ends up losing money. It sucks having to make the patients come back sometimes, but at the end of the day, the clinic is also a business :( But at the end of the day, do what you want! There are always good and bad things involved in doing anything in life, so take my advice with a grain of salt :)
Updated
Estelle’s Answer
Daniela, this is a valuable question.
There are many considerations in starting a medical practice, and the first/biggest decision is whether to join a group or start solo. Joining a group means that you share resources with other physicians, not necessarily patients, for example. If you are in a smaller community, then a small private office is great. Choose a convenient, affordable location and hire a trustworthy business manager. You will need help hiring staff and setting up computers as well as setting up the office for seeing patients. Sometimes physicians work in groups first so that they can practice for a while focusing on medicine then branch out and open their own office when they have an idea of how private practice works.
Good luck!
There are many considerations in starting a medical practice, and the first/biggest decision is whether to join a group or start solo. Joining a group means that you share resources with other physicians, not necessarily patients, for example. If you are in a smaller community, then a small private office is great. Choose a convenient, affordable location and hire a trustworthy business manager. You will need help hiring staff and setting up computers as well as setting up the office for seeing patients. Sometimes physicians work in groups first so that they can practice for a while focusing on medicine then branch out and open their own office when they have an idea of how private practice works.
Good luck!
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