Starting a Physician Practice Checklist
Starting your own medical practice is a significant step in your professional journey, filled with excitement and challenges. As a healthcare professional, you’re likely facing several questions and concerns, such as:
- How do I navigate the complex legal and regulatory landscape?
- What financial and tax-smart considerations should I prioritize?
- How can I ensure my practice is operationally efficient from day one?
- What are the best practices for medical billing and revenue cycle management?
Establishing a medical practice involves a meticulous series of steps, and these are just a few of the critical issues you’ll need to address. At Yeo & Yeo, we understand these challenges. Our dedicated and credentialed healthcare team, comprised of practice management consultants, healthcare CPAs, billing specialists, personal financial planners, and more, has guided numerous practitioners through the process.
As you start a new medical practice, use this checklist to help you stay organized and focused. By following these steps, you’ll be well-equipped to set your practice on a path to thrive. For guidance navigating your journey, reach out to Yeo & Yeo.