When physicians opt to leave a group setting and start a private practice, they often face the challenge of setting up the new practice while still working at their group practice. With numerous legal, staffing, and real estate hurdles to face in establishing a practice, many physicians have found Texas Medical Association Practice Consulting an invaluable tool that can save time, money, and energy.
Recent questions about Practice Operations:
What do I need to know to hire a mid-level practitioner?
Can we put signage up to prohibit patients from bring firearms into our office?
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Selling/Closing a Practice
When a physician retires, or closes or relocates his or her medical practice, Texas Medical Board rule 165.5 requires the physician to notify patients before terminating care to avoid patient abandonment. What about other practice transitions, such as selling assets to a practice management corporation or joining a group? What kind of notification is required in these situations?
Staffing costs typically are the largest expense in a practice. To protect your investment and build a strong team, you need to help staff members learn and grow. Consider these ready sources for staff training.
Physicians interested in hiring a midlevel practitioner for their practice sometimes wonder whether they should hire a physician assistant (PA) or an advanced practice registered nurse (APRN).
TMA's Practice Vendor Guide is a comprehensive listing of companies that provide products and services to medical practice professionals. You can use this guide as a reference when seeking reputable practice management resources throughout the year! When contacting any of the companies listed, be sure to let them know you found them through the TMA Practice Vendor Guide!
Got Practice Operations questions? Call the Knowledge Center.