Private Practice

Between 2019 and 2024, over 44,000 medical practices were acquired by private equity firms or corporate groups. By January 2024, corporate ownership of medical practices officially outpaced hospital ownership for the first time, with corporations controlling 30.1% of all practices. If you’re thinking of selling your medical practice, you’re stepping into a fast-moving market where … Read more

On average, physicians spend nine hours a week on EHR tasks. These are tasks that pull focus away from patients and practice growth. Nearly half also report signs of burnout, which is often a consequence of operational overload. For physicians running their own practices, the pressure runs even higher. A medical practice manager (MPM) takes … Read more

Medical practice marketing isn’t easy, especially if you don’t plan to rely on a medical marketing agency. If you’re just starting, you may not know what you’re doing and you may waste a lot of money waste a lot of money on ineffective marketing strategies. Today, we will give you some golden tips on effective … Read more

Search engine optimization is essential for any healthcare practice that needs to establish a solid online presence. To succeed in the competitive online landscape, local SEO is essential. This guide will explain the ins and outs of local SEO for doctors. It will also show what you should and shouldn’t do and how to combine … Read more

Healthcare marketing isn’t as straightforward as marketing in other industries. It’s easy to attract people by showcasing a shiny product, but you can’t attract patients the same way. Plus, healthcare professionals offer numerous services, each requiring a dedicated marketing plan tailored to showcase specific expertise online. This “digital marketing for doctors” guide will give you … Read more

Several challenges come with managing a startup, especially in an industry like healthcare. As a company that built our physician advisory business from the ground up, we understand these challenges firsthand. One of the challenges we’ve found healthcare organizations struggle with is customer relationship management. This is because managing your patient base involves a lot … Read more

Physicians spend only 66.5% of their work time on direct patient care. The remaining 33.5%—or nearly two full days per week—is lost to administrative tasks and non-clinical overhead. This is the time you’re not treating or talking to patients. That’s where medical practice management (MPM) software comes in. If you’re running a practice, MPM software … Read more

Your life can take unexpected turns, especially in a high-risk, high-reward profession like medicine. When you’re “used” to a certain high income, you may seriously struggle if you suddenly can no longer work because of a disability. That’s why Social Security disability insurance can be a good backup plan to support you with some money … Read more

Your disability insurance should cover at least 60% of your lost income. But the truth is, 60% is more like a rule of thumb than a definite answer, at least for high earners like physicians who spend around 15%–35% of their income on taxes. Treat this guide as a series of steps or thoughts you … Read more

Reports from the USA and Canada show that two to five percent of career-grade doctors become ill or disabled later in their careers. This may be a small percentage, but it’s still a possibility for many doctors. As a physician, your most valuable asset lies in your earning potential. However, what if your income stops … Read more