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Welcome to the blog!
A repository of articles about things doctors didn't learn in medical school, covering side gigs, finances, the business of medicine, life in medicine, and more. These resources are intended to take a deeper dive into specific topics referenced in our educational pages.
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How Physicians Can Opt Out of Medicare, and What to Know and Consider Beforehand
What physicians considering opting out of Medicare should understand prior to making the decision & protocols for how to opt out & back in
Starting a Micropractice: A Physician's Guide
Pros and cons of a micropractice, how to set up a business plan with low overhead, & resources for physicians starting for labs, VAs, & more
Creating a Budget or Pro forma for Your New Private Practice Startup's Business Plan
What to include in a budget / pro forma when figuring out how much financing is needed for a new startup private practice loan application
Optimizing Your Patient Scheduling Template In Private Practice
Tips to create, manage, & adjust patient scheduling templates to optimize patient & physician experiences, efficiency, & practice revenue
Beneficial Ownership Information (BOI) Report Filing: What Physicians Need To Know
What physicians who own a legal business entity need to know about the requirement to file a beneficial ownership information (BOI) report
What to Consider When Hiring a Medical Assistant for Your Private Practice
Qualities and skills to look for when hiring a medical assistant, and how your private practice should determine pay for a new hire
Ways To Increase Your Private Practice Revenue and Address Increasing Overhead
Ways private practice physicians can increase revenue, such as optimizing schedules, RCM, marketing, & operations, & adding revenue streams
Negotiating a Private Practice Lease Agreement or Renewal
Questions to ask and points to negotiate when signing a private practice lease agreement or renewal to ensure it meets your needs & finances
Ways to Reduce Private Practice Overhead
Ways doctors can decrease private practice overhead by reducing or eliminating expenses, renegotiating services, and optimizing resources.
Private Practice Valuation: What is EBITDA and How is a Multiple Determined?
EBITDA and its multiple are core metrics in business valuation & transactions that should be optimized when selling a private practice.
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