The Den

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.

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

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 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.

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 made the important decision to become a doctor, you most likely knew what a large undertaking it would be.

Choosing a medical provider is one of the most critical and often complex decisions patients make about their health care.

As a new physician, there’s a lot to keep track of. Add billing and coding for insurance claims on top of seeing patients, managing the practice’s workload and more.

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

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

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?

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 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.

Doctors with successful and satisfying careers often credit their mentors with helping them achieve their goals.

Medical students today can look forward to graduating with a degree and a massive amount of student loan debt.

Burnout, the pandemic and other pressures have sent record numbers of health care workers rushing for the exits. What would make them stay?

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.

One in five physicians say it is likely they will leave their current practice within two years.

Finding a suitable real estate for your medical practice can be time-consuming, laborious, and expensive.

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.

Buying a home is a major investment, and few people can afford to pay cash for such an expensive asset.

It’s no secret that more physicians than ever are resigning or retiring early. With an already-growing physician shortage in the U.S., why are these doctors choosing to leave medical practice sooner than expected?

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.