Private Practice

In recent years, the number of professionals using social media has dramatically increased. According to Backlinko, 5.24 billion people worldwide use social media, 253 million of whom are Americans. More physicians are now active on social media, though many still have concerns about professional social media use. This post will discuss why healthcare professionals should … Read more

According to a 2024 survey by Tebra, nearly half of all patients look at online reviews before picking a doctor, and one in three judge your care quality based on your website. If your practice doesn’t show up online—or worse, show up with poor reviews or a clunky site—you’re already losing patients before they ever … Read more

Stethoscopes are an essential tool every doctor needs, but selecting the right one requires more thought than a simple off-the-shelf purchase. You need to find a stethoscope for your specialty. Family physicians might find the 3M Littmann Classic III perfectly adequate, while cardiologists typically require more precision. Additionally, you’ll need to decide between electronic and … Read more

As the saying goes, “Put your house in order before you start to sell.” That should be your motto when selling a medical practice if you want to avoid delays, mistakes, or even a sales failure. Unlike many other businesses, a medical practice is a personal affair—your skills and knowledge are the most valuable assets … Read more

The salary for physicians who own their medical practices in the United States ranges from $53,500 to $370,000, with a median of $272,959. That massive range shows how difficult it is to provide an accurate answer to this question, as you have many factors that can affect your income. In this guide, we’ll have a … Read more

If you’re a medical professional who aspires to start a private practice, you probably know that your savings alone may not be enough to get you there. You’re likely still paying off hefty student loans. Additionally, factors like your gender and how in-demand your skillset is can determine what you make as a resident. That’s … Read more

Medical Practice Valuation Calculator Select Valuation Method: Revenue MultipleEBITDA MultiplePer-Patient Value Annual Gross Revenue ($) Revenue Multiple (×) EBITDA ($) EBITDA Multiple (×) Active Patients (#) Per-Patient Value ($) Calculate Value There are several instances where you’ll need a medical practice valuation calculator. Whether you’re selling, buying, merging, or attracting investors, what matters most is … Read more

Medical practice financing is a powerful asset that can transform your practice, but only when utilized wisely. You need to properly assess your current goals and determine the type of financing you need. After all, a startup clinic receiving large business financing is overkill, and vice versa. Allow us to explain medical practice financing in … Read more

When building an online presence for your medical practice, you’ll quickly realize that all marketing efforts ultimately lead back to your website. It doesn’t matter whether you’re savvy enough to engage in medical marketing on social media or spread the word through a podcast. Your digital marketing efforts will have the singular goal of convincing … Read more