Opening a Private Practice: 5 Most Common Mistakes

Here are the most common mistakes physicians make when starting a private practice, according to a MBA HealthGroup blog post:

1. Not setting a realistic timeline to open the medical practice.
2. Not having a clear financial plan.
3. Not hiring highly motivated staff.
4. Choosing the wrong electronic health record/practice management system for your practice.
5. Not asking for help from someone who knows business.

More Articles on Practice Management:

28% of Orthopedic Surgeons Currently, Plan to Participate in ACOs
10 Ways to Improve Collections at Medical Practices
7 Ways to Earn Respect, Rather Than Demand It

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