Aside from getting patients through the door, the single biggest challenge faced by physicians in private practice is hiring and retaining qualified staff. Staff performance and morale can have a big impact on the patient experience in your practice, and turnover can be a huge challenge for a practice that’s trying to “run lean.” Whether …
The micropractice model gained popularity in the early 2000s and remains a good option for physicians looking to forge out on their own without investing a large amount of capital. The objective is to create a practice with very low overhead costs that allows the physician to spend ample time with patients and deliver a …
The last several years have been a period of consolidation in healthcare. Many small, independently owned medical practices have been purchased by hospitals, health systems and private equity shops. This trend has caused many physicians to wonder: is private practice still a viable model? The answer is yes. However, there are a few key considerations …
