I started a family medicine practice for $11,000. You can, too.

I am presenting my startup costs here, to give some ideas for those providers who are considering starting their own family practice, or for those who say it can’t be done anymore. To become a business, I spent $50 for the state LLC filing, and $12 for business cards. I already had my medical license and DEA from residency, so the only certificate I needed was a $200 CLIA waived certificate so I could do in-house labs. One-year insurance was $400 for business liability, $333 for workers comp, and $900 for malpractice. Yes, only $900, for family medicine, without OB, in my state, in the first year out of residency. My “mature” policy after a few years open is now about $9K per year. Continue reading ... Your patients are rating you online: How to respond. Manage your online reputation: A social media guide. Find out how.
Source: Kevin, M.D. - Medical Weblog - Category: Journals (General) Authors: Tags: Physician Primary care Source Type: blogs