Starting a medical office can feel overwhelming, but with the right plan and resources, success is within reach. From choosing the ideal location to navigating legal requirements, securing essential equipment, and building a strong team, this guide offers a step-by-step checklist to help you launch and grow your practice with confidence.

Shared medical office spaces are transforming how healthcare professionals deliver patient care. By reducing costs and fostering collaboration, these spaces offer numerous benefits, but they also come with challenges like privacy concerns and scheduling complexities. Explore the pros and cons to see if this model is right for your practice.

Burnout is increasingly common among doctors. To avoid getting burned out, many doctors are forgoing hospital careers with long hours to work part time.

Balancing Work and Life as a New Doctor

Young doctors are redefining success by prioritizing work-life balance. Despite long hours and financial stress, they emphasize personal well-being to combat burnout and improve patient care. Strategies like time management, setting boundaries, and support from wellness programs and mentors are key to achieving sustainable careers in medicine.

The past year has seen a sharp increase in the number of patients who received “personalized healthcare,” or specifically tailored medical care based on their genetics, age, lifestyle and individual risk factors—the opposite of the universal style of medicine.

Medical coworking spaces are transforming healthcare by offering a cost-effective, collaborative environment for doctors and specialists. These shared spaces allow healthcare professionals to reduce overhead costs, access modern amenities, and focus more on patient care. By working side by side, practitioners build stronger referral networks and enhance patient outcomes through interdisciplinary collaboration—all within a flexible, supportive setup.

As we move further into 2023, the healthcare industry will continue to experience the impact of trends that have taken shape in the last year.

Patients benefit when specialists know referring physicians, research says

When you have your own independent practice, the staff you hire are crucial to your success. Before you start interviewing, here are a few must-do items to accomplish first.

Other doctors often ask my advice for starting their own practices. I opened my solo dermatology practice in 2000, and I’ve never looked back. The freedom to set my own schedule, the autonomy to make decisions without getting approval from a committee, and the authority to hire the right staff far outweighed the long hours I put in.

Physicians and surgeons in today’s market have more on their plates than ever before. With a greater array of opportunities comes more complex avenues to explore. Should you open up a small practice or join an established hospital’s staff?

These days, many new doctors entering practice have different priorities than they did a few decades ago.

During the pandemic, remote healthcare, or telehealth, became a necessity. Now that many patients expect telehealth services, offering a hybrid of both in-person visits and telehealth may help build patient loyalty while providing you with greater flexibility and control over your own schedule.

After graduating medical school and completing a residency, every new physician needs to make a huge life decision.

Although the terms financial advisor and financial planner are often used interchangeably, there are distinct differences between these two types of professionals.

Private equity funds can help spur innovations or provide stable funding for workers’ pensions, but investor expectations for a quick return on investment may clash with a medical practice’s long-term sustainability and physicians’ ethical demands.

There are no restrictions on advertising by physicians except those that can be specifically justified to protect the public from deceptive practices.

There is a lot of press about the stress of practicing medicine, but less about the secrets of thriving. Here is some guidance.

Finding, hiring and keeping dependable workers is a sizable challenge for medical practices of any size.

The United States is facing a critical shortage of doctors, with projections estimating a deficit of 124,000 physicians by 2026. This shortage impacts both urban and rural areas, leading to longer wait times, reduced access to care, and increased pressure on existing healthcare providers. The causes are complex, including high medical education costs, physician burnout, and limited training slots. Innovative solutions, like flexible medical office spaces offered by Residen, and policies supporting loan forgiveness and rural practice incentives are essential to address this growing crisis.