If you’ve been considering branching out and starting your own medical practice, you’re probably feeling a lot of things. Excited, nervous, and maybe even a little overwhelmed. Launching a private practice is a big decision in and of itself, and taking the plunge is only the first step. At Benchmark Solutions, we’ve worked with hundreds of small medical practices over the years, and we’re intimately familiar with what it takes to start and run a private practice. We’ve created a step-by-step guide to help you determine if opening an independent medical practice is the best next step in your career. In our guide, we’ll cover:
- What an independent medical practice is
- Pros and cons of working at or owning a private practice
- The planning required before opening a small medical practice
- Office space and equipment needs
- Software solutions that help manage practice operations and patient data
- Recommendations for hiring staff (as needed)
- And the importance of establishing a strategy for collecting payments