Welcome To The Inaugural Edition of PrivatePractice.MD!

Welcome to the inaugural edition of PrivatePractice.MD! This community of doctors and the expert advisors who help them will be your resource to running a more efficient, high-quality and more profitable private medical and healthcare practice. Read more

Buying or Selling A Medical Practice

One way to jump start your own private practice is to buy one already operating. Many practicing physicians hope to sell their medical practice when they retire, either to their current partners or to a physician or group of physicians finishing their training. Buying or selling a medical practice is not like selling a car, or even a house or typical business. Usually only attorneys and licensed brokers can be used, not just for the sale, but even to determining a fair valuation for the practice. Read more

It Takes A Village to Start and Run A Private Medical Practice

As much as we doctors like to be self-sufficient, there is only so much time in a day and we really do have more important things to worry about (patients) than how profitable our practice was today. Taking care of patients should be job number one. Read more