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How a Billion-Dollar Startup Tried to Access My Entire Patient List: A Cautionary Tale for Every Physician

Running a successful multi-location private practice comes with its fair share of challenges—from hiring physicians to negotiating insurance contracts. But one threat I never expected came from a trusted vendor: a well-funded healthcare tech company that attempted to access the personal data of every single patient in my EMR.

This isn’t just a story about cybersecurity or HIPAA compliance. It’s a real-world warning about how even billion-dollar companies can push ethical and legal boundaries, and why every physician who owns a medical practice needs to be vigilant about who they give access to their electronic health records (EHR).… Read the rest

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Top Reasons Private Practices Fail – And How to Avoid Them

Starting and running a successful private practice isn’t easy, and over the years, I’ve seen common pitfalls that cause practices to stumble—or even fail. Whether you’re just starting out or trying to grow your business, knowing these issues can help you steer clear of them.

For those who don’t know me, my name is Brad. I own a private practice with seven providers across three locations, and we’re on track to generate about $4 million in revenue this year.… Read the rest

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Why Are So Many Doctors Quitting Medicine? A Deep Dive into the Healthcare Exodus

The internet seems to be flooded with stories of doctors, residents, and medical students quitting healthcare. As a physician and owner of a thriving private practice generating nearly $4 million in revenue annually, this trend has caught my attention. My name is Brad, and alongside my business partner, I’ve grown our practice to three locations with seven providers. While building this practice has been a labor of love, seeing fellow healthcare professionals leave the field raises important questions: Why are so many quitting, and what does this mean for the future of medicine?… Read the rest

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Why We Don’t Include Partnership Language in Our Contracts

One of the most common questions I get from physicians we hire is: Can I become a partner in this business? It’s a valid question and one that deserves a thorough answer. However, the short answer is no. Now, before you think this sounds cold or callous, let me explain my reasoning as both a business owner and someone who has experienced the pitfalls of poorly structured partnership agreements firsthand.… Read the rest

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Selling My House And Taking $500k In Tax Free Gains

Sometimes in life you luck out. We lucked out bigtime by selling our house at the top of the market for half a million dollars in tax free gains. My wife and I stumbled upon a great house in the central part of the city we live in. Little did we know that this house would transform our financial future. It all began with a modest 1400 sq ft house in the heart of town, a purchase made pre-marriage and pre-kids.… Read the rest

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