Find resources, guides, and discussions about the world of independent practice.
Starting Your Own Practice
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.
The Importance of Networking as a Physician
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?
What Young Doctors Want
These days, many new doctors entering practice have different priorities than they did a few decades ago.
The Hybrid Office
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.
The Perks of Private Practice
After graduating medical school and completing a residency, every new physician needs to make a huge life decision.
Financial Advisor Vs. Financial Planner: What’s The Difference?
Although the terms financial advisor and financial planner are often used interchangeably, there are distinct differences between these two types of professionals.
Physicians warned of the pitfalls behind private equity promises
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.
Advertising & Publicity
There are no restrictions on advertising by physicians except those that can be specifically justified to protect the public from deceptive practices.
Ten Commandments of Physician Wellness
There is a lot of press about the stress of practicing medicine, but less about the secrets of thriving. Here is some guidance.
The Struggles of Staffing
Finding, hiring and keeping dependable workers is a sizable challenge for medical practices of any size.
Shortage of Doctors
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.
The Benefits of Physician Mentorship
Doctors with successful and satisfying careers often credit their mentors with helping them achieve their goals.
Drowning in Debt
Medical students today can look forward to graduating with a degree and a massive amount of student loan debt.
Choosing a Provider: What Factors Matter Most to Consumers and Patients?
Choosing a medical provider is one of the most critical and often complex decisions patients make about their health care.
What Makes Doctors Happy
CompHealth recently partnered with the American Academy of Family Physicians (AAFP) on a new Physician Happiness Survey to discover what makes doctors happy — and why.
1 in 5 Doctors are Leaving Medicine
One in five physicians say it is likely they will leave their current practice within two years.
5 Mistakes Physicians Make When Leasing Medical Space
Finding a suitable real estate for your medical practice can be time-consuming, laborious, and expensive.
Finding Joy in Medicine Again
At The Permanente Medical Group (TPMG), the aim of helping physicians and other health professionals achieve joy and meaning in medicine is increasingly critical, especially amid the strains of the COVID-19 pandemic.
Investors Want to Fund Medicine
Doctor knows best, can now be applied to investing. That’s the idea behind RedCrow, an alternative investment platform out of Mill Valley, California that provides investors with access to doctor-vetted startups in the healthcare market.