ARTICLES
How to Open a Private Medical Practice, Step by Step
Opening your own medical practice is an exciting way to take the practice of medicine into your own hands. Unfortunately, it is also complicated and challenging. To ensure success, it’s critical to have a clear and detailed plan at the outset that can help keep things moving on schedule.
Doctor’s Health
There is an epidemic of physician burnout in the United States, and it has a pervasive negative effect on all aspects of medical care, including your career satisfaction.
Doctor Patient Relation
The doctor–patient relationship has been and remains a keystone of care: the medium in which data are gathered, diagnoses and plans are made, compliance is accomplished, and healing, patient activation, and support are provided.
Today’s Doctor: How Mounting Administrative Tasks Take Physicians Away From Patient
Today, doctors must demonstrate “meaningful use” of electronic health records, call insurance companies to pre-authorize drugs for coverage, and adjust to quality reporting requirements. Furthermore, doctors may have to front questions about their collaborations with industry as the Open Payments database goes public at the end of the month. All of these ancillary tasks, while potentially intended to help patients, have actually taken almost all the time away from one-on-one patient care.
Death spiral of the private practice.
Patient-doctor relationship is a cornerstone of the quality healthcare system. Yet, only one third of physicians in United States are independent private owners of their practices. Personal relationship, knowing family and social history of the patient and their needs and therefore personalized care is disappearing with the dying small practices.