Residency Advisor Logo Residency Advisor
Programs Map SmartPrep
SmartPick ShortList Interview Questions Knowledge Hub
    Knowledge Hub     Starting a Private Practice

Starting a Private Practice

124 articles

Back to Knowledge Hub
Opening a Clinic With Heavy Student Loans: Cash Flow Strategies That Work
Starting a Private Practice

Opening a Clinic With Heavy Student Loans: Cash Flow Strategies That Work

Open a clinic with heavy student loans using practical cash-flow strategies—loan planning, low-overhead setup, and salary-first budgeting to survive launch.

Which Tasks Should You Outsource vs Keep In‑House in Year One?
Starting a Private Practice

Which Tasks Should You Outsource vs Keep In‑House in Year One?

Unlocking Your Clinic's Potential: Top Financing Options for Medical Startups
Starting a Private Practice

Unlocking Your Clinic's Potential: Top Financing Options for Medical Startups

The ‘Shadow Costs’ of Private Practice No One Mentions During Residency
Starting a Private Practice

The ‘Shadow Costs’ of Private Practice No One Mentions During Residency

Afraid of Regulatory Trouble: How Likely Are Audits for New Practices?
Starting a Private Practice

Afraid of Regulatory Trouble: How Likely Are Audits for New Practices?

More Articles

Telehealth Utilization Stats: When Virtual Visits Actually Add Margin
Starting a Private Practice

Telehealth Utilization Stats: When Virtual Visits Actually Add Margin

Analyze telehealth utilization and revenue to learn when virtual visits add margin, reduce no‑shows, and boost clinic efficiency with practical benchmarks.

Setting Up In‑Office Diagnostics: When EKG, PFT, and Ultrasound Make Sense
Starting a Private Practice

Setting Up In‑Office Diagnostics: When EKG, PFT, and Ultrasound Make Sense

Evaluate EKG, PFT, and POCUS ultrasound for your practice—practical guidance on costs, volume thresholds, billing pitfalls, and buy vs outsource decisions.

New Practice Loan Structures: Interest, Term, and Default Risk Patterns
Starting a Private Practice

New Practice Loan Structures: Interest, Term, and Default Risk Patterns

Understand new practice loans: interest types, term designs, and default risk patterns to protect physician cash flow and avoid costly restructurings.

Essential Office Systems for New Medical Clinics: Boost Patient Care and Efficiency
Starting a Private Practice

Essential Office Systems for New Medical Clinics: Boost Patient Care and Efficiency

Discover how to establish effective office systems in your new medical clinic to enhance patient care and ensure operational efficiency from day one.

How Many Exam Rooms Do You Actually Need for Efficient Clinic Flow?
Starting a Private Practice

How Many Exam Rooms Do You Actually Need for Efficient Clinic Flow?

Find the optimal exam rooms per provider for efficient clinic flow using a practical formula, staffing rules, and examples to avoid bottlenecks quickly.

Is It Better to Hire W‑2 Staff or Use 1099 Contractors in Your Practice?
Starting a Private Practice

Is It Better to Hire W‑2 Staff or Use 1099 Contractors in Your Practice?

Launching a Small Cash‑Pay Practice Inside a Predominantly Insurance Model
Starting a Private Practice

Launching a Small Cash‑Pay Practice Inside a Predominantly Insurance Model

Six Months Before Go‑Live: Credentialing, Hiring, and Vendor Deadlines
Starting a Private Practice

Six Months Before Go‑Live: Credentialing, Hiring, and Vendor Deadlines

Effective Healthcare Marketing Strategies for New Medical Practices
Starting a Private Practice

Effective Healthcare Marketing Strategies for New Medical Practices

Browse All

Latest

Crafting a Winning Business Plan for Your Private Practice Success

Starting a Private Practice

What Credentialing Committees Look For When Approving Your New Clinic

Starting a Private Practice

Launching a Practice With a Physician Spouse: Roles, Equity, and Boundaries

Starting a Private Practice

Malpractice Coverage Traps When Transitioning From Employed to Private

Starting a Private Practice

What If No Patients Show Up? How New Clinics Really Grow in Year One

Starting a Private Practice

I Hate Business Stuff: Can I Still Safely Run My Own Medical Practice?

Starting a Private Practice

More Services Equal More Profit? When Adding Lines of Care Backfires

Starting a Private Practice

Should You Buy or Lease Medical Office Space as a New Physician Owner?

Starting a Private Practice

Even More

Startup Costs of a Private Practice by Specialty: Real‑World Ranges

Startup Costs of a Private Practice by Specialty: Real‑World Ranges

Myth: New Graduates Can’t Compete With Established Local Practices

Myth: New Graduates Can’t Compete With Established Local Practices

What Senior Physicians Wish They Knew Before Signing Their First Lease

What Senior Physicians Wish They Knew Before Signing Their First Lease

Mastering Private Practice Locations: Key Considerations for Success

Mastering Private Practice Locations: Key Considerations for Success

Effective Networking Strategies for New Medical Practice Owners

Effective Networking Strategies for New Medical Practice Owners

Essential Healthcare Technology for Thriving in Private Practice

Essential Healthcare Technology for Thriving in Private Practice

Solo Practice Is Dead? What Current Data Really Shows About Small Clinics

Solo Practice Is Dead? What Current Data Really Shows About Small Clinics

Patient Retention Metrics: How Many New Patients You Really Need Monthly

Patient Retention Metrics: How Many New Patients You Really Need Monthly

Essential Guide to Medical Malpractice Insurance for New Practices

Essential Guide to Medical Malpractice Insurance for New Practices

Private Practice Means Less Work? Separating Lifestyle Myths From Facts

Private Practice Means Less Work? Separating Lifestyle Myths From Facts

Is Concierge or Membership Medicine Right for Your New Practice?

Is Concierge or Membership Medicine Right for Your New Practice?

Designing an Efficient Procedure‑Heavy Outpatient Practice Layout

Designing an Efficient Procedure‑Heavy Outpatient Practice Layout

Reimbursement Patterns for Common CPT Codes in Outpatient Clinics

Reimbursement Patterns for Common CPT Codes in Outpatient Clinics

Worried I’ll Lose Procedures If I Leave the Hospital: Is That Inevitable?

Worried I’ll Lose Procedures If I Leave the Hospital: Is That Inevitable?

Is Concierge Care Only for the Ultra‑Wealthy? What the Numbers Show

Is Concierge Care Only for the Ultra‑Wealthy? What the Numbers Show

Buying an Existing Clinic vs Starting From Scratch: What to Do If Offered Both

Buying an Existing Clinic vs Starting From Scratch: What to Do If Offered Both

How Much Cash Reserve Should You Have Before Opening a Clinic?

How Much Cash Reserve Should You Have Before Opening a Clinic?

Collections Rate Benchmarks: Is Your Billing Company Underperforming?

Collections Rate Benchmarks: Is Your Billing Company Underperforming?

How Partners Really Divide Money in Small Practices: The Unspoken Rules

How Partners Really Divide Money in Small Practices: The Unspoken Rules

How Practice Owners Actually Evaluate New Physician Partners and Associates

How Practice Owners Actually Evaluate New Physician Partners and Associates

Afraid of Bad Online Reviews: How Much Can They Actually Hurt a New Clinic?

Afraid of Bad Online Reviews: How Much Can They Actually Hurt a New Clinic?

Staffing Ratios That Correlate With Profitability in Small Practices

Staffing Ratios That Correlate With Profitability in Small Practices

Backstage Look at Referral Networks: How New Clinics Actually Get Patients

Backstage Look at Referral Networks: How New Clinics Actually Get Patients

Myth vs Reality: Can You Open a Clinic While Working a Hospitalist Job?

Myth vs Reality: Can You Open a Clinic While Working a Hospitalist Job?

Which Services Should You Offer First in a Brand‑New Medical Practice?

Which Services Should You Offer First in a Brand‑New Medical Practice?

Payroll and Compensation Errors That Make Staff Quit Your New Clinic

Payroll and Compensation Errors That Make Staff Quit Your New Clinic

Transitioning From Employed Physician to Owner in the Same Community

Transitioning From Employed Physician to Owner in the Same Community

You Don’t Need an MBA: Debunking the ‘Business Degree’ Myth for Physicians

You Don’t Need an MBA: Debunking the ‘Business Degree’ Myth for Physicians

How to Structure a Micro‑Subspecialty Clinic: From Referral Flows to Fees

How to Structure a Micro‑Subspecialty Clinic: From Referral Flows to Fees

Integrating Behavioral Health Into a Medical Clinic: Practical Operations

Integrating Behavioral Health Into a Medical Clinic: Practical Operations

Side‑Gig to Full‑Time Practice: A Stepwise Timeline for Gradual Ramp‑Up

Side‑Gig to Full‑Time Practice: A Stepwise Timeline for Gradual Ramp‑Up

Should You Start Solo or Join a Group Practice? A Practical Decision Guide

Should You Start Solo or Join a Group Practice? A Practical Decision Guide

Moving States After Residency? How to Time Licensing and Clinic Launch

Moving States After Residency? How to Time Licensing and Clinic Launch

How Soon Should You Add Another Physician or APP to Your Growing Clinic?

How Soon Should You Add Another Physician or APP to Your Growing Clinic?

Website and Online Listing Errors That Drive Patients to Other Clinics

Website and Online Listing Errors That Drive Patients to Other Clinics

Terrified of Debt: Is Starting a Private Practice Financially Reckless?

Terrified of Debt: Is Starting a Private Practice Financially Reckless?

Scared of Burnout as an Owner: Does Private Practice Make It Worse?

Scared of Burnout as an Owner: Does Private Practice Make It Worse?

Part‑Time Practice While Keeping a Hospital Job: Structuring Your Week

Part‑Time Practice While Keeping a Hospital Job: Structuring Your Week

Costly Tax and Entity-Formation Mistakes New Practice Owners Regret

Costly Tax and Entity-Formation Mistakes New Practice Owners Regret

Year One in Private Practice: Quarter‑by‑Quarter Growth Priorities

Year One in Private Practice: Quarter‑by‑Quarter Growth Priorities

Taking Over an Aging Physician’s Panel: How to Manage the Transition

Taking Over an Aging Physician’s Panel: How to Manage the Transition

Your First 90 Days in Private Practice: Weekly Milestones to Track

Your First 90 Days in Private Practice: Weekly Milestones to Track

If a Hospital Offers to ‘Support’ Your New Practice: Protect Yourself

If a Hospital Offers to ‘Support’ Your New Practice: Protect Yourself

Strategic Healthcare Staffing: Building a Successful Team for Your Practice

Strategic Healthcare Staffing: Building a Successful Team for Your Practice

Urban Practices Always Win: Why Some Suburban Clinics Outperform Them

Urban Practices Always Win: Why Some Suburban Clinics Outperform Them

Common Partnership Agreement Omissions That Spark Legal Disputes

Common Partnership Agreement Omissions That Spark Legal Disputes

Overwhelmed by Vendor Choices? A Simple Framework to Pick the Right Ones

Overwhelmed by Vendor Choices? A Simple Framework to Pick the Right Ones

Struggling With Staff Turnover? How to Stabilize Your Team This Quarter

Struggling With Staff Turnover? How to Stabilize Your Team This Quarter

Starting Private Practice While Paying Childcare and a Mortgage: Real Tactics

Starting Private Practice While Paying Childcare and a Mortgage: Real Tactics

Geographic Data: Which Zip Codes Support Fast‑Growing Private Clinics?

Geographic Data: Which Zip Codes Support Fast‑Growing Private Clinics?

When Does It Make Sense to Sell Your Practice or Bring in a Partner?

When Does It Make Sense to Sell Your Practice or Bring in a Partner?

Optimizing New-Patient vs Follow‑Up Ratios for Sustainable Growth

Optimizing New-Patient vs Follow‑Up Ratios for Sustainable Growth

Dangerous EMR Implementation Errors That Destroy Clinic Workflow

Dangerous EMR Implementation Errors That Destroy Clinic Workflow

Comparing Cash‑Only vs Insurance‑Based Clinics: Revenue per Visit Data

Comparing Cash‑Only vs Insurance‑Based Clinics: Revenue per Visit Data

What If My First Staff Hire Is a Disaster? Recovery Plans for New Owners

What If My First Staff Hire Is a Disaster? Recovery Plans for New Owners

18 Months Before Opening: The Strategic Roadmap to Your Private Practice

18 Months Before Opening: The Strategic Roadmap to Your Private Practice

7 Lease Clauses That Can Financially Cripple Your New Medical Practice

7 Lease Clauses That Can Financially Cripple Your New Medical Practice

Opening a Clinic After Fellowship Delay or Gap Year: Rebuilding Momentum

Opening a Clinic After Fellowship Delay or Gap Year: Rebuilding Momentum

Insurance Payers Don’t Dictate Everything: Where You Actually Have Power

Insurance Payers Don’t Dictate Everything: Where You Actually Have Power

What Consultants Won’t Tell You About EMR Contracts for New Practices

What Consultants Won’t Tell You About EMR Contracts for New Practices

Patients Keep No‑Showing? Practical Systems to Cut No‑Shows in Half

Patients Keep No‑Showing? Practical Systems to Cut No‑Shows in Half

What If My Partner Bails on the Practice Plan? Protecting Yourself Early

What If My Partner Bails on the Practice Plan? Protecting Yourself Early

10 Key Steps to Successfully Launch Your Medical Practice

10 Key Steps to Successfully Launch Your Medical Practice

Creating a High‑Throughput Same‑Day Access Clinic Without Burning Out

Creating a High‑Throughput Same‑Day Access Clinic Without Burning Out

The Real Politics of Hospital Privileges When You Open Your Own Clinic

The Real Politics of Hospital Privileges When You Open Your Own Clinic

Anxious About Competing With Big Systems: Is There Room for a Small Clinic?

Anxious About Competing With Big Systems: Is There Room for a Small Clinic?

Burned Out Already? How to Redesign Your Clinic Schedule and Boundaries

Burned Out Already? How to Redesign Your Clinic Schedule and Boundaries

How Experienced Owners Quietly Structure Buy‑In and Buy‑Out Agreements

How Experienced Owners Quietly Structure Buy‑In and Buy‑Out Agreements

Slow Insurance Credentialing? Tactics to Shorten Approval Timelines

Slow Insurance Credentialing? Tactics to Shorten Approval Timelines

The Credentialing Mistakes That Can Delay Your First Paycheck for Months

The Credentialing Mistakes That Can Delay Your First Paycheck for Months

New Practice Break‑Even Timelines: What the Financial Data Suggests

New Practice Break‑Even Timelines: What the Financial Data Suggests

No Patients on Your Schedule? A 30‑Day Action Plan to Jump‑Start Volume

No Patients on Your Schedule? A 30‑Day Action Plan to Jump‑Start Volume

Productivity Benchmarks: RVUs and Visit Volumes for Year‑One Practices

Productivity Benchmarks: RVUs and Visit Volumes for Year‑One Practices

Essential Legal Insights for Starting Your Own Private Practice in Healthcare

Essential Legal Insights for Starting Your Own Private Practice in Healthcare

Building Subspecialty Referral Pipelines for a Single‑Organ Practice

Building Subspecialty Referral Pipelines for a Single‑Organ Practice

Behind Closed Doors: How Hospitals Negotiate With New Private Practices

Behind Closed Doors: How Hospitals Negotiate With New Private Practices

Marketing Missteps New Clinics Make That Damage Their Reputation Early

Marketing Missteps New Clinics Make That Damage Their Reputation Early

12 Months Out: Lease, Financing, and Build‑Out Decisions You Can’t Delay

12 Months Out: Lease, Financing, and Build‑Out Decisions You Can’t Delay

Structuring a Multi‑Site Practice: Centralized vs Localized Operations

Structuring a Multi‑Site Practice: Centralized vs Localized Operations

Mastering Your Medical Practice: A Guide to Launching a Private Clinic

Mastering Your Medical Practice: A Guide to Launching a Private Clinic

Three Months Before Opening Day: Final Systems and Policy Checklists

Three Months Before Opening Day: Final Systems and Policy Checklists

Crafting a Patient-Centric Care Model for Your Medical Practice

Crafting a Patient-Centric Care Model for Your Medical Practice

Drowning in Paperwork? How to Streamline Admin Tasks in 4 Weeks

Drowning in Paperwork? How to Streamline Admin Tasks in 4 Weeks

Chaotic New-Patient Intakes? Build a Smooth Onboarding Workflow Fast

Chaotic New-Patient Intakes? Build a Smooth Onboarding Workflow Fast

Denied Claims Piling Up? Step‑by‑Step Protocol to Fix Your Billing System

Denied Claims Piling Up? Step‑by‑Step Protocol to Fix Your Billing System

From Resident to Owner: A Two‑Year Transition Timeline That Actually Works

From Resident to Owner: A Two‑Year Transition Timeline That Actually Works

Post‑Opening Review: Key Metrics to Audit at 30, 60, and 180 Days

Post‑Opening Review: Key Metrics to Audit at 30, 60, and 180 Days

Building a Hybrid Telemedicine + In‑Person Clinic: Tech and Workflow

Building a Hybrid Telemedicine + In‑Person Clinic: Tech and Workflow

You Must Hire a Big Consulting Firm? Why Many New Clinics Shouldn’t

You Must Hire a Big Consulting Firm? Why Many New Clinics Shouldn’t

Common Billing Setup Mistakes That Trigger Audits in Year One

Common Billing Setup Mistakes That Trigger Audits in Year One

Essential Guide to Licensing and Compliance for Your Medical Practice

Essential Guide to Licensing and Compliance for Your Medical Practice

Do You Need a Practice Manager on Day One? Staffing Levels by Clinic Size

Do You Need a Practice Manager on Day One? Staffing Levels by Clinic Size

Reviews Are Mixed? Concrete Steps to Improve Your Clinic’s Reputation

Reviews Are Mixed? Concrete Steps to Improve Your Clinic’s Reputation

Red-Flag Vendor Contracts New Physicians Should Refuse to Sign

Red-Flag Vendor Contracts New Physicians Should Refuse to Sign

Starting a Small Rural Practice: Unique Challenges and Local Solutions

Starting a Small Rural Practice: Unique Challenges and Local Solutions

Cash Flow Crunch in Month 3: Tactical Moves to Keep Your Clinic Afloat

Cash Flow Crunch in Month 3: Tactical Moves to Keep Your Clinic Afloat

‘If You Build It Patients Will Come’: Why That Belief Sinks New Practices

‘If You Build It Patients Will Come’: Why That Belief Sinks New Practices

Designing Call Coverage and After‑Hours Systems for a Two‑Physician Clinic

Designing Call Coverage and After‑Hours Systems for a Two‑Physician Clinic

Explore All Topics in Knowledge Hub