THE 5 STEPS Of Creating An Independent Practice | Doc to Doc Episode 15

A VIDEO FOR ALL RESIDENTS AND DOCTORS!
Today's doctors might be scared about going into private practice, however, doing so is still as PRACTICAL as ever! Here's how any doctor can create a successful independent practice.
HOW TO NEGOTIATE CONTRACT RATES: • Are ALL doctor's contr...
American Medical Association: www.ama-assn.org/
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Reimbursement Rx draws from years of experience in running medical practices to help new and established physicians navigate the complicated business side of medicine.
Why Reimbursement Rx?
It's unfortunate, but the vast majority of newly graduated residents and fellows do NOT understand the business of medicine.
Worse still, most established doctors don't either.
The truth of the matter is that new and established doctors sign contracts without really knowing what they are getting into.
This means that first year doctors sign contracts with big hospitals and medical foundations not fully knowing how and why they are being paid, so they grow to feel like they are being "used" and taken advantage of by the system.
Meanwhile, established doctors often get too complacent and passive when it comes to negotiating better deals for themselves. The end result: doctors are not being compensated as fairly as they could be.
This is why it’s our aim to teach residents and doctors what residency does not, and what hospital systems don’t want you to know!

[@reimbursementrx503]

Did this video help illuminate the process of starting a private practice? Let us know in the comments!

[@PradeepSingh-tn2vr]

can I get job in ur organisation

[@vyseerx]

1. Office ( buy /rent) 2.Get business license 3.Credentialing with insurance 4. staffing 5. equipment

[@listsync3619]

* Choose a location * Work with insurance companies, companies, etc * Register your business * Buy the office equipment * Build your team - Thank you for the detailed teaching!

[@okumahotblade]

Thank you for this information

[@MrBluesluver]

Thank you for this informative video. The information was a huge help to me.

[@TSBOFRLM]

Thanks for the information

[@89sanjay1]

WHO IS GOING TO BUY MALPRACTICE INSURANCE DOC? DO I NEED..GREAT JOB

[@Innaveks]

I wish you had a service that for a fee, you can come & set up our office for us :) Ya dumayu mnogie vrachi by luchshe zaplatili chem muchitsya sami

[@stephaniewelch710]

is it possible to credential before having office space. hate to have a space and no patients to pay :)

[@reimbursementrx503]

Most insurance companies and medicare will ask you where you see patients before credentialing you, which is why you must have physical space first.

[@construction11111]

I have a medical/dental clinic in phila mainly Hispanic community. Need doctors ! Any ideas how to get

[@Isinmii]

Hello, Thank you so much for this video. I have a question please. Im currently in my masters in Healthcare management and i wanted to know if it was possible to own a private practice through partnership or any other means.

[@phillipjnelson4923]

Is it Possible to get an email from you I would like to ask a question that's better suited for email. I am an Outbound Marketing Broker