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How to Set Up a Small Medical Practice

Tuesday, May 18, 2021

 



As a qualified physician, there may come a time when you want to enter into solo practice and open up your own clinic. If this is the case for you, there are going to be many things you need to consider before you open an office. It's not like you can just go out and buy a few office supplies and unlock your doors. You need to start with a plan and follow through with every step you outlined in that plan. Once you have an overall budget, you can consider the cost of your medical office equipment and supplies.

In this article, we want to address the process to follow and the things you will need to open your medical practice.

Determine Whether It's Something You Want

Before diving into the details, you need to think about the whole process. Ask yourself:

Why do I want to start a private practice?

What type of medical service do you want to provide?

Is there a real need for it?

How much money do I have to risk?

Is this a full-time medical practice venture or a part-time one?

The purpose of these questions is not to dissuade you from opening a small medical office, but to give you a full understanding of your plan.

Plan

Your next step is to plan out the details. Set weekly and monthly goals to make your private practice a reality. Just as in school, this new venture will probably take up a great deal of your time, so make sure you are up to the challenge.

Refine Your Idea

Once you are sure you want to open a private medical practice, develop your idea. Create a business plan that outlines your objectives, your costs, and your needs.

You can start with a simple lean plan. It is a one-page business plan where you outline your objectives, set your mission and values, and set out the basic structure and costs for your new office. This plan will give you a guide as you continue with each step of your idea.

What Office and Medical Supplies Will You Need?

Once you are ready, you can consider your office and medical supplies.

When it comes to supplies, there are two basic categories for medical offices: front office supplies and consultation and exam room supplies.

Front Office Supplies

For the front office you'll need things that are typical of most offices. This will include things like a desk and chairs for the receptionist, administrator, and any other person working in this area.

Wastebaskets

Shelves

File cabinets

Computers

Organizers

Copier

Printer

Shelves

Stationary

Business cards

Of course, you will also need waiting room furniture such as a sofa, end tables, coffee table, water cooler. The best way to determine what you will need here is to look at what other doctors have in the waiting and reception area.

Consultation Supplies

Here you will need a few medical-specific supplies that will help you attend patients and offer basic testing. A few of these supplies include some of the following things:

Exam room equipment

Testing vials

Sanitizing equipment

Chairs

Cloth gowns

Medical shoe covers

Exam table paper

Sheets

In addition, you will need ongoing supplies of exam gloves, sanitary products, and soaps, syringes, needles gauze pads, among other things.

Shop Around

When you've projected everything and have a realistic budget for what you'll need, remember to shop at different places to compare service and price. You have a lot of things you need to purchase for a small medical office. So you'll want to shop around for price and convenience. Many suppliers are willing to deliver supplies on a regular basis. However, you can always get good deals at local office supply stores as well.

You need to consider every factor involved as this is a business venture just like any other, so you want to consider some things before heading out to the office supply store.

As you see, there are many different items a doctor's office needs, and they range from very inexpensive to the other end of the spectrum. Unfortunately, it is not so easy to set up a doctor's office, certainly not a matter of renting a space and opening your doors.

Remember, putting together a private practice is not just about the cost of office supplies. The more you know about your project, the more of an advantage and the more protection you will have in ensuring you can complete your project.

Keep in mind that your goals are set out in your business plan, and this serves you as a road map to complete the objective. The plan will guide you towards the next step of your goal and help you purchase everything you need for your small medical practice. In the plan, you want to outline your strategy, goals, tactics, and the things you need to get the office up and running.

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