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How To Start A Medical Practice: A Guide For The Unitiated

Once you qualify as a doctor from medical school, you might join an existing practice. You may even work at a health centre or hospital. But, one option you should consider is opening your own medical practice.

For one, it allows you to provide a dedicated service to your local community. Plus, you’ll have the power to shape how you provide that service. When you work at someone else’s practice, you have to go by their rules.

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Believe it or not, opening up your own medical practice isn’t as hard as you might think! All you need to do is some research and careful planning. So, how do you get started? The following information will help you on your journey:

Organise funding

The first thing you need to do is get some money to cover your startup costs. After all: your medical practice is, in essence, a business. You need money to pay for staff, equipment and leasing premises. Without money, you won’t be able to open up a medical practice!

There are several ways that you can obtain the money you need. The first example is through self-funding. You can save some cash while working elsewhere. When you have enough money, you can resign from your job and set up your practice.

The second option is to borrow the cash. This is usually the most common way to set up a medical practice. The people lending you the money could be banks, investors or even family members. Just make sure that you can afford to pay it all back.

Choose a location

Next, you need to select a good location for your new medical practice. It should be somewhere in a residential area. And it must also be accessible to wheelchair users. Ideally, the premises you choose should be on one level only.

Parking is also an important consideration to make, as is public transport. You want to make it easy for your patients to see you.

Design the building’s interior to your needs

Once you’ve got suitable premises, the next stage is to “fit it out” according to your needs. That means designating areas like waiting rooms, receptions and consultation rooms.

It makes sense to use hospital furniture for your medical practice for obvious reasons. You should also opt for a neutral yet bright colour scheme. Such a strategy will make your building cheaper to maintain.

Hire the right staff

Even if you are the only doctor at your medical practice, you will still need a receptionist. This person will be in charge of booking appointments and welcoming patients. They will also deal with administration work.

If there’s a lot of people in your area, it makes sense to work with other doctors. Whoever you hire, make sure they have the right skills, qualifications, and attitudes.

Get insured

Last, but not least, it’s vital you have the right insurance cover for your medical practice. The sad truth is we live in a litigious society these days. Be sure that the insurance policy you get covers your needs.

Good luck!