Business Essentials for Medical Practices
This e-book helps you launch, manage and grow your private medical practice.
Table of Contents
Foreword Comment
Introduction Comment
Emotional Intelligence & Competence Comment
PART I: LAUNCHING THE PRACTICE Comment
Assemble the AA Team Comment
Scout Out Locations for the Practice Comment
Secure Real Estate Comment
Formulate Business Plan Comment
Secure Financing Comment
Assess and Select Technological Solutions Comment
Assess & Purchase Insurance Comment
Hire Staff Comment
Order Equipment and Supplies Comment
Oversee Design and Build-out Comment
Market the Practice Comment
Train the Staff Comment
Open for Business Comment
PART II: RUNNING THE PRACTICE Comment
Leading and Managing Comment
Managing Human Resources Comment
- Key Drivers of Human Behavior Comment
- Value Creators, Destroyers, & Spectators Comment
- Staff Turnover Reviews and Retention Comment
Financial Management Comment
Legal & Regulatory Considerations Comment
Best Practices Comment
- Install a Head Administrator Comment
- Reinvest in the Business Comment
- Determine Your Ideal Practice Size Comment
- Set Realistic Priorities and Expectations Comment
- Act Decisively Comment
- Paging Dr. Goldilocks Comment
- Pre-empt Negative Owner Dynamics Comment
- Join a Professional Group Comment
- Be Proactive Comment
Risk Management Comment
- Operational Risk Comment
- Credit Risk Comment
- Regulatory Risk Comment
- Legislative Risk Comment
- Legal Risk Comment
- Obsolescence Risk Comment
- Leadership Risk Comment
- High Financial Leverage Comment
- Adverse Macroeconomic Factors Comment
- Business Cycle Comment
- Competitive Landscape Comment
- Geographic Over-Extension Comment
- Reputation Damage Comment
- Concentration of Suppliers or Referral Sources Comment
- The First Line of Defense Comment
- Ask “What If” Comment
- Prepare a Plan B Comment