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Setting up a Medical Practice Part 4: Choosing Location

Setting up a medical practice is not an easy task, and choosing a location is no exception! Here you’ll find six things to consider when choosing a location for your medical practice: 1. Access & Convenience One of the crucial factors that patients consider when choosing and researching their doctor is access and convenience. For […]

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Medical Expert Witness: Dos and Don’ts

During your career as a physician, you may be asked to testify in a proceeding before a court, a regulatory authority (College), or another form of administrative tribunal as a treating physician, independent medical evaluator, or expert. We’ve compiled a list of do’s and don’ts when testifying as a treating physician, independent medical evaluator, or […]

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How to Improve Workplace Productivity in the Healthcare Industry

Start your career in healthcare with a productive and positive mindset by improving your billing, teamwork, and workplace productivity. Check out a few thoughts on ways to improve those aspects of your practice:  Billing patients through your mobile device, with access to codes and reminders, is one of the most efficient methods of improving productivity. […]

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Setting up a Medical Practice Part 3: Budgeting

Creating a budget and a plan will show you how much money is coming into your medical practice and how those funds are being spent as well as provide you with a clear picture of your practice’s finances and what you can expect on a yearly basis.  Here are a few tips you should keep […]

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Consulting Gigs for Physicians

Outside of patient care, a physician’s input, knowledge, expertise and skills are highly valuable to an endless amount of corporations. Today, we’re presenting 10 different types of consulting gigs for doctors:  Market research. Healthcare market research investigates new medical products or services and whether it is financially practical. The inventors of medical products and services […]

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10 Strategies for Integrating Social Media into Professional Practice

For physicians interested in harnessing platforms like X (previously Twitter), Instagram, Threads, Facebook, TikTok, and others for promoting health advocacy, sharing medical information, or networking with colleagues, it’s crucial to navigate these spaces with an awareness of medico-legal risks. Here are recommended practices for engaging on social media responsibly: Define Professional and Personal Lines: Keep […]

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Setting Up a Medical Practice Part 2: Writing a Business Plan

Catch up on Part 1 before starting Part 2! Business plans are one of the most important strategic tools for any aspiring business owners, including physicians who are seeking to own a medical practice. Quite often, business loans from the bank are contingent on the approval of business plans. To be successful in opening your […]

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Comparison Between 5 Different Social Media Platforms for Physicians

Most social media users would agree that the top 5 social media platforms are: Instagram, LinkedIn, Facebook, Youtube, and TikTok. If you are a physician who is considering a social media presence, read on about the 5 most popular platforms and how you can utilize them to accelerate your career: Arguably the most popular platform, […]

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Real Estate Investment for Physicians

Originally posted on medvisory.ca listen to the blog in audio format! Most people assume owning rental income property is the only option when it comes to investing in real estate. There is however an array of options available to individual investors who want to passively invest in real estate. What are some of these options? […]

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Setting up a Medical Practice Part 1: Types of Practice

Many of you are probably thinking about setting up your own practice, whether it is group practice, Associations and Partnerships, solo or private practice, hospital-based employment, or locums. We are outlining the various types of practices in today’s blog. Group Practice Two or more physicians with the same or different specialties providing medical care in […]

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