To grow a successful medical practice, practice owners must continually evaluate themselves, their competitors, and their industry. Only then can they compare their own performance with the ‘benchmarks of success’ and make the necessary changes to improve. To grow a successful practice, here are 30 medical industry benchmarks you should look at. Medical industry benchmarks Total income Total overheads Overhead as a percentage of sales Drugs, supplies, consumables, lab fees et

Owning your own practice is a dream for many medical practitioners for the freedom it affords, whether it’s being your own boss, managing employees or just building and running a successful business. Not everyone, however, is fully prepared for the complications and the challenges of doing so. It may take years of training to become a Doctor, but choosing the career path of starting your own practice takes even more time to learn and grow successfully. To help you start on th

The Definitive Guide to Setting Up Your Own Medical Practice Taking the leap from employment to building and running your own business can be daunting, that’s why many medical professionals don’t take that step at all. When it comes to wanting to be in charge of your own lifestyle and income, however, this step is necessary. Are you a doctor or specialist thinking about setting up your own medical practice? Here is everything you need to know about independent practice from d