Many doctors today are beginning to evaluate their careers and make decisions regarding retirement. To accomplish their goal the questions of how to transition out of practice becomes the focal point. In the following paragraphs we will highlight key consideration and expectations.
Considerations
1. Do I have a plan for my life after I quit practicing podiatry?
All [...]
In our previous article, we discussed the owner’s expectations in accomplishing a buy-in. In this article we will discuss the associate’s expectations.
While buying-in to a practice is common, the road to the summit can be filled with potholes and detours. Those potholes and detours often take the form of the practice blowing up, realigning services [...]
We are entering the last of 2007 and the early part of 2008. Most practices are trying to decide the next step in their progression for growth and improved margins. The following outline has been developed for the practice to use as a forecasting model.
1. Are you planning on adding any new services [...]
A question of great importance in today’s market is how much will it cost to add an associate. While many believe they know the real cost, your true cost can be found in your own records and practice information. In this article we will discuss cost drivers and how the cost can be addressed.
We will [...]