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This text provides physicians with the basic business skills in
order for them to become involved in the financial aspect of their
practices. The text will help the physician decide what kind of
practice they would like to join (i.e. private practice, small
group practice, solo practice, hospital employment, large group
practice, academic medicine, or institutional\government practice)
as well as understand the basics of contracting, restrictive
covenants and how to navigate the road to partnership. Additional
topics covered include, monthly balance sheets, productivity,
overhead costs and profits, trend analysis and benchmarking.
Finally, the book provides advice on advisors that doctors will
need to help with the business of their professional and personal
lives. These include accountants, bankers, lawyers, insurance
agents and other financial advisors. The Complete Business Guide
for a Successful Medical Practice provides a roadmap for physicians
to be not only good clinical doctors but also good businessmen and
businesswomen. It will help doctors make a difference in the lives
of their patients as well as sound financial decisions for their
practice.
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