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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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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.
Choosing and Preparing Your Private Practice Location
Tips for choosing the best location to lease or buy when starting a private practice, based on patient demographics, future plans, and more
Handling Bad Online Patient Reviews: A Guide For Physicians and Practices
Best practices for how physicians can manage & respond to bad patient reviews for their private practice while avoiding HIPAA violations
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