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Medicine & Business

Buying in to medical practice real estate

After working as an employee for two to three years, the young doctor will often become a partner while buying in to the practice over another three to five years. With some practices, the partners own the real estate and the issue arises as to whether the young doctor will become an owner of the real estate as well, and if so, how.

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Non-conventional contracting strategies

Here are two ideas for generating additional revenue for your practice when working with contract issues and health plans. One concerns the relevancy of your fee schedule and its applicability when contracting with a health plan. The second concerns adherence to clinical guidelines as an unconventional contracting strategy.

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Transitioning into primary care practice

In addition to the clinical challenges, the first year of practice is most likely the physician's initial exposure to the "business" of medicine. This article provides insights for smoothly navigating the transition from resident or fellow to successful first-year primary care practitioner.

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Semi-retirement options for senior MDs

One option might entail a semi-retired doctor electing to work a certain percentage of a full workload (e.g., day schedule, weekend call, night call, etc.). Another option might entail the semi-retiring doctor dropping procedures (e.g., dropping OB, no longer doing surgical cases, etc.), while maintaining an office-only practice.

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