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Managing Your Own Practice

When you're considering opening, expanding, or managing your own practice – there's a lot to consider. This collection will explore some of the ins and outs of managing a practice and some of the specific considerations from opening to exiting your practice.

8 Resources

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1.
Female doctors discussing reasons why doctors should consider private practice

6 Reasons Doctors Should Consider Private Practice

According to the Physician Practice Benchmark Survey, around 47% of physicians work in private practice. There are a few things to consider when decid...

7 min read

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2.
A young female doctor reading on a laptop.

7 Common Mistakes Made When Starting Your Own Practice

When you're ready to start your own practice, you'll want to learn from the experience of others. Read on to learn some of the most common mistakes pe...

7 min read

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3.
Female doctor leading medical team discussion in hospital exam room

The Exit Strategy to Owning a Practice

When you're thinking of selling your practice, there are several key considerations. Here are some of the next steps to help you prepare your exit str...

11 min read

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4.
Interior of an empty medical office

Buying Your Own Practice

There are many factors you need to consider when you’re buying your own practice: price, business plan, location, dealing with insurance companies...

8 min read

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5.
Doctors and nurses in discussion at nurses station in hospital

Hiring a Staff, Building a Team for Your Practice

So, you’ve decided to open your own practice. That’s great! You’ve probably realized that running your own practice involves much...

9 min read

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6.
An empty medical office area near the entrance of a medical practice

A Checklist to Starting Your Own Practice

“Experts need checklists–literally–written guides that walk them through the key steps in any complex procedure.” – Malcolm Gladwell in his...

20 min read

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7.
Medical staff in discussion at nurses station in hospital

7 Step Guide to Opening a Medical Practice

Starting your own medical practice can be a daunting challenge. From creating the business plan to making administrative choices, you’re responsible...

9 min read

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8.
Laptop, stethoscope, tablet displaying medical information.

Economics of Starting Your Own Practice

Starting your own practice is a big undertaking. Before you jump in, take a moment to consider the startup costs, and make sure your budget is ready f...

12 min read

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