Solo practice is tough. Hell, its very very tough sometimes. One of the hard lessons you may learn after starting a practice is that your commercial insurance rates are most likely not going to be great. This is especially true for those who are not a specialist. Eventually you will have to negotiate a rate increase from your commercial payers to keep the business profitable.… Read the rest
… Read the restCurious about the growth of my medical practice over the past 2.5 years? Lets take a look at exactly that in todays post. One of the most frequently discussed topics is how long it might take to grow a practice? I’ve spent a few hours collecting the weekly data for how many patients my practice has seen so that if you are wondering how long it might take to build your practice, you can see how long it took to build mine.
Solo practice is tough. Hell, its very very tough sometimes. One of the hard lessons you may learn after starting a practice is that your commercial insurance rates are most likely not going to be great. This is especially true for those who are not a specialist. Eventually you will have to negotiate a rate increase from your commercial payers to keep the business profitable.… Read the rest
It’s easy to lose sight of the big picture with investing. While building investment portfolios, sometimes it’s easy to forget to build the life you want, not the bank account you want. Like many others, I love reading other blogs focused on early retirement, financial independence, or frugal living. In fact, I enjoy it so much that I started this website to help others with personal finance and investing.… Read the rest
Those who have been following along with this blog may know that I have purchased a condo within a new build to move my practice into. We have now been in this office for over 6 months and starting to fill it up with patients. Things seem to be going very well. However, I have run into a bit of a hiccup with my commercial loan for the space.… Read the rest
Since I’ve started my clinic a few years ago, there have been some businesses that seem to have come out of nowhere to now be huge players in the health care industry. Funny thing is, once I started to research them they all had one thing in common… Amazon. Amazon has invested in multiple businesses both upstream and downstream of patient encounters.… Read the rest
Graduating from residency or fellowship with large amount of student debt can feel a lot like standing in front of a mountain. It’s hard to see the end when the debt load is overwhelming. Most of the people I know who have over a quarter million in debt fall into one of two categories. The first group is individuals who feel that the amount of medical school debt seems hopeless.… Read the rest
Jon Appino is the owner of Contract Diagnostics, he started this company over a decade ago as he felt a better way was needed to do physician contract reviews. He and I talked after he came across my website geared towards medical professionals, as we seek to serve and provide value to the same types of people. Jon and I had a great conversation about employment contracts.… Read the rest
