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A roadmap for minimising administrative burden, tailored for both newcomers and established specialists in private practice.
This webinar aims to give specialists thinking about the move to private practice the knowledge and confidence needed to get started, while also helping those already in private practice to discover new ways to overcome common operational challenges and maximise the time spent on patient management.Embarking on private practice is a pivotal career step, holding the promise of fulfilment and entrepreneurial growth. However, this leap presents its unique challenges. How do you manage a private practice and build a patient base without losing focus on exceptional patient care? The journey doesn't have to be overwhelming. Success lies in an understanding of the business and non-medical aspects involved, including knowledge of private practice models. In this webinar experts will share insights, covering legal and financial considerations, staffing, facilities, and patient base building. Hear firsthand from seasoned medical specialists who have successfully navigated this path. Dr. Duncan Guy, a leading cardiologist and CEO of Specialist Services Medical Group, will also share insights into how his team has facilitated the smooth entry of over 120 medical specialists into private practice over the past 20 years. Learn how this model leverages efficient utilisation of shared outpatient clinic facilities, the provision of nursing staff, technicians, skilled administration staff, a billing and collections team, a call centre team, full IT support, office resources, as well as equipment and medical consumables are helping specialists offload administrative burden and focus on patient care.
Finance and cost expectations
Pros and cons of buying into or setting up your own practice - including new SMSF considerations
Marketing & growth
Promoting your practice and building your private patient base
Heath holds over 20 years of diverse experience encompassing business services, taxation, audit, and consulting. A Chartered Accountant and Registered Company Auditor, Heath specializes in the medical and dental sectors while actively engaging with clients across various industries. He's known for providing pragmatic business structuring advice and optimizing tax efficiency, tailoring services to meet specific client needs, including industry KPI comparisons, forecasting, valuations, and more.
Specialist in Medical Finance, BOQ Specialist
A medical finance specialist with 20+ years in healthcare banking, Luke is an expert in tailoring financial solutions for practitioners, supporting them from student life to established careers. Experienced in complex finance arrangements, he is passionate about aiding healthcare professionals from practice setup to succession planning.
With 25 years of healthcare management experience, Stephen has held roles including Hospital CEO, NSW/ACT State Manager and National Business Development Manager for Healthscope. He is an advocate for patients and a positive team culture having driven multiple successful hospital expansions and clinical service developments in partnership with clinicians. He has seen first hand what it takes for specialists to build and create sustainable success over a long career.
Specialist in Medical Finance
Legal expert & director Ecovis Clark Jacobs
This education is hosted by Specialist Services Medical Group and has been produced by Praxhub - visit website to learn more
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Praxhub would like to acknowledge Sanofi for its support of this education. The sponsor has provided no input into the content of this activity.
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