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Starting a private practice or other medical business is a huge and exciting step in your career. If you’re at this crossroads, congrats! But just because you’re a stellar physician doesn’t mean you’re as adept at running a business. Are you confident in the financial aspects of running your own practice? Before you take the
Going into private practice is an exciting career move. Whether you’re a dentist just out of school, a physician who has been working in a hospital setting, or a healthcare practitioner in another field, the decision to strike out on your own is a big one. In order to prepare, make sure you ask yourself
Keeping up with the latest dental technology can seem like a full time job in itself. While it isn’t necessary (or prudent) to jump on every new piece of technology that enters the field, it is important to stay up to date on the equipment that can help you bring your practice to the next
Starting a medical business is a costly endeavor. A business startup loan from Bankers Healthcare Group can help you cope with the many costs that arise when you’re opening your own medical practice. Get the cash you need to fund the following necessities for your new practice. Lease & Renovations Whether you buy or lease
If you’re considering striking out on your own and starting a medical practice, you probably have a lot on your mind. The basics of buying a medical practice can seem overwhelming at first, but the rewards of being your own boss and running your own practice can make the initial work well worth it. The
As a physician managing your own practice, you probably have a lot of goals for the future. A working capital loan from Bankers Healthcare Group can help fund many different initiatives to advance your practice and help you achieve these goals. New Technology In this fast-paced world, it’s vital to keep up with new technologies.
Starting your own practice is a huge undertaking. Even the most organized and motivated physicians can make simple missteps that further complicate the process. Luckily, Bankers Healthcare Group is here to help. We have extensive experience working with medical startups. Learn how to start a medical practice while avoiding the common startup pitfalls outlined below,
When you run your own medical practice, you have a lot to handle in your day-to-day. You might not think much about the software you use (or don’t use) or other technology that helps run your business. This can be to your detriment — if you don’t consider changing technologies, and the changing patient expectations
When looking to start a new business, acquire an existing business or to merge your existing business with another firm there are many factors and some red flags to take into consideration before moving forward. This is just as true with a medical practice startup as it is with any other type of business. Starting
Bankers Healthcare Group has been providing practice financing since the company started in 2001. Meeting the working capital needs of physicians, dentists, veterinarians and other healthcare professionals is the basis of BHG’s business model. Entrepreneur, BHG Co-founder and Chief Operations Officer, Eric Castro, describes how the business interests of healthcare professionals are key to the