Learn how to pay yourself in private practice: salary, draw, or none. Understand entity rules for compliance, taxes, and cash flow.
Results for "new practice owner"
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Avoid costly tax and entity-formation mistakes for new medical practice owners, learn correct entity choice, S-corp pitfalls, and compliance tips.
Learn incident-to billing compliance for year one: supervision, documentation, eligibility, and E/M workflow fixes to prevent denials and audits.
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Starting a Private Practice
Myth vs Reality: Do New Practice Owners Really Need a Financial Dashboard in Year One?
Don't rely on basic accounting in year one. Learn why new practice owners need a financial dashboard to track metrics and prevent failure.
Starting a Private Practice
Effective Networking Strategies for New Medical Practice Owners
Discover essential networking tips for new medical practice owners to enhance community engagement and boost patient referrals for lasting success.
Starting a Private Practice
How Practice Owners Actually Evaluate New Physician Partners and Associates
Insider guide on what practice owners look for in new physician partners and associates: key signals, profitability metrics, and red flags.
Starting a Private Practice
Should You Buy or Lease Medical Office Space as a New Physician Owner?
Deciding whether to buy or lease medical office space as a new physician? Learn when to lease, when to buy, and how to protect your practice's cash flow.
Starting a Private Practice
What If My First Staff Hire Is a Disaster? Recovery Plans for New Owners
Practical recovery steps for new practice owners when a first staff hire fails, with audits, SOPs, and oversight tips to protect revenue, patients, and reputation.
Starting a Private Practice
Myth vs Reality: Can You Open a Medical Practice Without a Personal Lease Guarantee?
Learn to negotiate medical office leases without personal guarantees. Avoid startup pitfalls and protect assets as a new practice owner.
Medical Technology
Joining a Private Practice with No IT Support: Building Basic Infrastructure
Quick IT checklist for new private-practice physicians: secure Wi-Fi, EMR backups, device encryption, segmented networks, and clear contract ownership.