Category Archives: Running a Medical Practice

Below is the archive of all blog articles related to the category “Running a Medical Practice”.

Best Tactics to Improve Morale Around the Office

Running a successful practice can be time consuming and incredibly difficult in the first few years. There are an enormous number of obstacles to overcome in order to begin making real profits and though you might be running a majority of the practice yourself, your employees and partners also make up a large part of what makes the business function at its best. It’s important to foster feelings of contentment, happiness and an overall positive atmosphere between all employees because this will lead to a more collaborative and successful time in the office! Find a wide variety of ways to boost morale in the office with this list of tips and tactics from Boulevard Medical Properties. If you’re looking for a great price on medical office space in Los Angeles, get help from the experts when you call Boulevard Medical Properties today!

Improving Overall Office Morale

While the maintenance of a practice is a complicated and constant job, part of running a successful business is the maintenance of all employees. While some offices have an easier time finding and replacing employees that may quit or be fired, the medical field requires candidates that not only fit the specialty of your practice but can also mix well with the other staff members. It is also significantly harder to train any new staff member and integrate them into your office than it is to retain all employees for years at a time, and because of this, it is necessary to keep overall office morale high. To do this, you will want to make sure that all employees continue to feel needed, appreciated and heard. There are several ways to establish this in your office, and you can choose methods that best fit your personality and the integrity of your office.

If you are concerned about your employees feeling underappreciated or burnt out from work, a great way to help foster a more positive atmosphere is to start building employee relationships outside of the office. Organizing a party or get together away from the practice can be a great way for everyone to relax as a group and bond. When coworkers establish more personal relationships with one another, it can lead to a more enjoyable office atmosphere. If your employees are feeling more discouraged about the kind of work they’re doing, mix up the environment a little to help get the creative mind thinking. Introduce new approaches to daily routines and ask for suggestions and feedback from employees about things they like and dislike, as well as ideas about what new additions could be introduced into each work day. Allowing your employees to feel like they are not just at work to earn money fosters a passion for doing good work and being great every day. Find medical office space in Los Angeles that allows you to do great work each day when you let the professionals at Boulevard Medical Properties help you sign your next lease.

No matter what new approach you choose to boost office morale, the most important aspect to anything you do is making sure the gesture is authentic, and fosters feelings of job fulfillment in your employees. Feeling needed, creative and listened to is incredibly important to people who care about their work and engaging with them to achieve a job contentment means that they will be loyal to you, and they will do great work for you. Always make sure your team is in the best office possible when you contact Boulevard Medical Properties. We will make sure you love your new medical office space in Los Angeles, so your business and employees can thrive!

Practice Management for Dentists

Whether you just got your degree or have been running a dental practice for years, managing your practice is a lot more intricate than just cleaning teeth. Finding new patients, keeping existing patients, hiring competent staff, and balancing finances are just a few things you need to think about to have a successful dental practice. Being a dentist doesn’t just mean being a doctor but needing to be a business owner too. According to Dentistry IQ, they took a poll of 100 practice management experts and learned that the most consistent topics regarding practice management are leadership, communication, and teamwork. Another major part of having a successful dental practice is location and aesthetic. Speak with Boulevard Medical Properties today to find the best dental suites in Los Angeles that will make your practice flourish and thrive.

Leadership, Communication and Teamwork

Being an effective leader leads to an efficient team, so you cannot really have one of these attributes strong without the other. Just like in any other role, being a leader in your dental practice requires honest communication without being harsh, clear expectations, open mindedness while also being consistent, and the ability to properly delegate. According to the American Dental Association, being an effective leader will “help improve efficiency, reduce redundancy and waste, and keep everyone feeling confident and focused.” Communication is of the utmost importance because it ensures that your expectations and boundaries are clearly defined, and leaves no room for misinterpretation. The best way to be a leader is to instill trust by following through with your promises, be dependable, communicate effectively, and always lead by example. Once you become a strong leader, you will naturally have a strong team.

Location, Location, Location

First impressions are always the most important, which is why the location and aesthetic of your office is paramount. Finding a dental office that is easy to locate and provides a comfortable experience for patients will make all the difference in the world. Boulevard Medical Properties knows how to find the best dental suites in Los Angeles and are a great asset to have on your team. We take the hassle out of finding the best place for your practice, so you can focus on making your practice the best it can be. The process doesn’t stop once the lease is signed but is ongoing.

Patient Satisfaction

Now that you’ve created a strong team around you, another important aspect to your practices success is finding and keeping patients. By keeping patients satisfied, supplying them with an excellent experience, and understanding their needs, you will establish a connection and relationship with a recurring source of income for your practice. The way that you deal with a patient’s dissatisfaction is just as important as how you deal with a satisfied patient because those who are unhappy are much more likely to be vocal than those who are happy. Again, communication is also a huge component to your relationship with your patients. Being upfront and open with your patients from the beginning is a great way to keep everyone on the same page, and mitigate any dissatisfaction that may come from miscommunication. Although customer service is extremely important, there are bound to be some patients that have an unpleasant experience, but don’t count them out right away. Giving your dissatisfied patients the opportunity to voice their complaints in a non-hostile environment, being honest with your patients, and being willing to discuss solutions are great ways to win back their trust.

There are many things that you can do to ensure proper practice management, but don’t let your building be one of the things bringing your practice down. Boulevard Medical Properties can help you with dental suites in Los Angeles, and make sure that your office is ready to take on every satisfied patient you have in your future. Contact us today here!

Environmental Safety at your Practice

If you have a medical office space in Los Angeles, you should make sure there is nothing going on in your office that could cause harm, injury, or illness to your staff or patients.

An occupational and environmental safety assessment can be used to prevent these workplace hazards. In addition, the Medical Office Survey Toolkit is a useful resource for opening up office dialogue about patient safety.

Read on for more tips regarding protecting the safety and security of your staff and patients with the help of Boulevard Medical Properties.

Blood and Body Fluid Precautions

The CDC has outlined universal precautions to prevent the transmission of blood or body fluid-borne infectious diseases in a healthcare setting. These include:

  • Washing hands thoroughly before contact with any patient
  • Wearing disposable gloves
  • Disposing of contaminated materials in appropriately marked containers
  • Never recapping used needles; preventing punctures by disposing of needles in a properly marked, puncture-resistant container
  • Always reporting exposures or contamination immediately

Chemical Safety

Employees who work with or near chemicals or other hazardous materials should receive proper training about the proper safety measures for use, storage, and disposal of all hazardous materials.

This should include:

  • Personal Protective Equipment (PPE)
  • Proper labeling
  • Follow Manufacturer’s Guidelines

Handling Equipment Failure or Malfunction

Regular inspection and maintenance of your practice’s medical equipment should be included in your office policies and procedures. “Failure to develop written policies and procedures for medical office equipment regarding its use and maintenance can lead to equipment failure or malfunction.” To prevent injury:

  • Train all staff to use all equipment
  • Make sure staff knows to only use equipment for their job
  • All equipment must be tagged with the inspection date, the due date of the next inspection and the inspector’s initials
  • In the event of a failure, make sure equipment is clearly tagged “OUT OF SERVICE”

Preventing Physical Injury

You can substantially reduce the rate of physical injury in your medical office space in Los Angeles by paying attention to the following details.

  • Look for potential hazards and risks
  • Think about what injuries could occur
  • Imagine how likely these injuries are to occur currently
  • What behaviors contribute to the hazard?
  • How could the hazard be prevented?

Diffusing Security Threats

Security threats can surprise and frighten staff, patients, and visitors. Have your staff ready to call 911 for any or all of these incidents:

• Disorderly conduct
• Suspicious activity
• Theft to personal or business property
• Verbal threats
• Weapons possession
• Assault
• Any crime committed against person or property

Establish Fire Safety Procedures

Include these standard procedures in your fire safety policy:

The R.A.C.E. Procedure

Remove patients from danger
Activate the alarm and dial 911
Close doors and window
Extinguish fire

To extinguish the fire, use The P.A.S.S. Procedure

Pull the pin
Aim the nozzle
Squeeze the trigger
Sweep from side to side

Safety Planning Tips for your Medical Office Space in Los Angeles

1. Contact OHSA for a Free Consultation

The Occupational Health and Safety Administration, or OHSA, “is mandated to support free consultations to any employer” regarding the health and safety of your small to mid-size business. OSHA’s Free Consultations are completely separate from enforcement visits and do not result in penalties or citations. They help employers “identify workplace hazards, provide advice for compliance with OSHA standards, and assist in establishing and improving safety and health programs.”

2. Have a Written Safety Program in Place

This could also be known as an “injury and illness prevention program.” It should include:

  • Steps to control safety issues related to your medical office space in Los Angeles
  • Identification of a “Safety Officer,” a staff member who will manage your workplace safety program
  • A training and education guide

3. Communicate and Educate

“Successful workplace safety programs include staff members in discussions about safety issues,” said Woody Hill, vice president of loss control at Employers, a specialty provider of workers’ compensation insurance for small businesses.

Also make sure the safety officer has been briefed and ensure staff members know what to do if an injury occurs– and who to report it to.

4. Always Be Prepared

Your company policies should cover things like how to prepare for an inspection, including training employees on how to respond, identifying who will handle the inspectors, and making sure your safety program is up-to-date.

For new and established providers alike, Boulevard Medical Properties has the most appealing medical office space in Los Angeles. No matter what your medical specialty—from surgery centers to orthodontia—Boulevard understands how important your practice is to you and your patients. That is why we take you through the entire construction process, from design to decorating, while encouraging all tenants to “think green.” Managing medical and dental buildings is their specialty! Call 818-882-5700 or Contact us today to set up an appointment!

Involving the Pharmacist with Your Team

If you are running a medical practice, it may be a good idea to begin bringing on your own pharmacist connection and forego utilizing an outsourced company when your patients need medications filled or updated. There are several benefits that can come from having your own personal, committed pharmacist, and if your patients are utilizing medications frequently enough, it may be a great new step to you creating more revenue for your practice. If your team is expanding and you need a new medical office lease in Los Angeles, contact the professionals at Boulevard Medical Properties today to start finding a great new office space.

Partnering with a Pharmacist for Your Practice

Under normal circumstances, doctors handle only the prescribing of medications, and leave the ordering and filling of the prescription up to the patients. If you decide to begin forming a relationship with a specific pharmacist or technician, there are benefits that can come out of this arrangement. There are several factors that go into properly adding a pharmacist to your roster of physicians, but once the technical aspects have been approved, there are specific things that you should consider when moving forward in this process. The first is the personalities of whoever you choose to involve your practice with. Before signing with a pharmacist, be sure that not only their medical habits are in line with your own, but that you genuinely get along with them. If the relationship is not mostly symbiotic, there may be friction down the line, and you will be working with this person or team for a significant amount of time. Personality tests are often the most important first step in the process of finding the right new pharmacists to partner your practice with.

The next important step in the process is to identify specifically what the role of the pharmacist will be regarding your practice and your patients. If you choose to allow the pharmacist to have a more hands-on role in your business, make sure you map out a clear definition of what that would look like so that no misunderstandings occur in the future. It may also be necessary for your medical practice to inform patients when you begin the process of finding the right pharmacist, and to have open communication with patients when the pharmacist officially begins their duties. When your team begins to expand, don’t get stuck in a building that doesn’t support your growth, expand your medical office lease in Los Angeles to a better space that allows you to focus on the medicine. Call Boulevard Medical Practices today to start looking into better office space solutions now.

If your practice has addressed a real need for a pharmacist, this expansion could be an incredibly beneficial step for your business. The real way to determine how a pharmacist or technician would positively increase your practice is to look at the statistics of a few different business aspects. If you are constantly outsourcing your pharmacy needs for patients, connecting a technician could be a great expansion that could increase your business and your revenue. If prescriptions are not a main aspect of how your practice runs, this expansion may be an unnecessary addition that requires funds you could administer to other areas. Consult your current team members and, if appropriate, your most frequent patients to see if adding this service could increase your business. Find a great new medical office lease in Los Angeles with the team at Boulevard Medical Properties today and start your expansion journey now!

Hiring Staff for Your Practice

Opening a new business is an exciting and often stressful procedure. With help from Boulevard Medical Properties, you can find out how to hire the right staff for your practice and how to ensure that your business starts off on the right foot with the community through the new doctors, nurses, technicians and front desk management. Before you worry about finding the perfect staff, make sure you have the perfect office when you use Boulevard Medical Properties to help you find the best medical office space in Los Angeles. Discover how you could start your dream business in an office space that you love when you call our offices today. Make sure you are hiring the best staff for your practice by following our helpful tips from below!

Hiring New Doctors

If you are a doctor hiring for your own business, the most difficult part of staffing your practice may be the process of hiring and managing other doctors. The tricky part is that other doctors must be willing to follow your management and accept the standards that you present to them. If you are looking for doctors to be your partners and help you make significant business decisions, then be sure to ask them during the interview process if they are comfortable taking on this large of a role, and interview candidates who have management backgrounds to ensure that they will be good at that aspect of the job. If you are searching for doctors to mainly support your patient load and provide extra care during office hours, then be certain that you use language in your job posting, and throughout the interview process that clearly outlines the role you are searching for specifically to your future employees.

The key in every interview process is to make sure you communicate your goals and intentions clearly with the candidates for each position. It is also important to feel confident about the candidates you are strongly considering. You want to be able to build at least professional relationships that are strong and joyful in a concentrated effort to avoid any workplace drama or tension. Consider testing your new hires with a series of trial runs, where your office is open for a set number of hours to see a select few patients, and gauge how you work with the doctors you are considering hiring through their behavior in a professional setting. Before you start drafting that job posting, make sure you have found the perfect medical office space in Los Angeles with the help of Boulevard Medical Properties!

Hiring Support Staff

Hiring support staff is slightly less complicated than hiring new physicians, as these hires are less complicated to evaluate, and the interview process follows a more conventional and expected set of guidelines. As with the doctor’s interview process, be certain to have clear communication through the wording of the job posting, and throughout the in-person interviews, so that you and your candidates know exactly what you expect of each other should they be hired on. Your support staff will be the more underrated group of workers, and because of this it is important to acknowledge how much work they handle. Employees at any job want to know that they are valued, and the medical world is no different. Technicians, nurses and front office personnel will be more excited to work with you, and more likely to stay for a while, when they know they will be valued members of your workforce.

During this interview process, you want to be sure that each candidate has the right certifications and work experience, but, just like hiring your new doctors, you will also want to be sure that they match your personality, and that they embody the same values that you and your practice do. Finding employees that match your business etiquette and level of respect is a great way to gauge their character and determine if they are the right fit for your business.

Medical Office Space in Los Angeles

Don’t wait to find the perfect staff then find out you have a sub-par office building! Call Boulevard Medical Properties today and let us help you find the right medical office space in Los Angeles today!

Marketing your Dental Practice the Right Way

A targeted marketing plan considers who you are, who you know, and what resources you have at your fingertips. After confirming your dental office lease in Los Angeles from Boulevard Medical Properties, use these tips to market your practice.

Leverage Google to Bring in the Biggest Number of Local Patients

The fact of the matter is, tons of patients are searching Google to find dental practices like yours. Make sure that your website turns up on the first page of search results when people search for a dentist in your location.

Use Google My Business Reviews

Using Google My Business for reviews is “extremely important” for local SEO (search engine optimization) rankings, says Feuza Reis, Director of Social Marketing & Communications for Next Level SEM. High SEO rankings translate to getting your website found online.
Reis recognizes that “getting reviews is not always so easy,” so she recommends services like Customer Lobby to her clients. Customer Lobby has a widget (which you add to your website), and an app (which you add to an iPad and use in-office), to help you request customer reviews.

Target Local Customers with Google AdWords

Google AdWords is an ad creator that promotes your website in search results. It works on a PPC (pay per click) system, meaning that you pay a set amount every time someone clicks on your ad. The price is set by the popularity of the keywords you use.

Google AdWords can be used to geotarget a particular radius around your practice. When you were looking for properties for your practice, you probably used search terms like “dental office lease in Los Angeles.” This is an example of how geotargeting works – businesses focus their ads on clients looking for particular services in specific locations.

Make the Most of your Website

You don’t need to be on every social media channel on the internet, but you do need to keep your website up-to-date. Attract new clients while retaining and satisfying your current patients by actively engaging your audience. Consider your website an extension of your dental office lease in Los Angeles – except this online “office” is equipped to welcome any potential client, from anywhere in the world! You can use it to build a reputation, among other important functions.

Post Videos of yourself Answering Common Patient Questions

One great way to engage clients is to post video content. You can easily film yourself (or have a dental assistant film you) with a smart phone, and make short videos discussing common patient questions and concerns. This will help visitors to your website get to know you and feel more comfortable with you before they make their first appointment. It will also make your current patients feel engaged and attended to.

Initiate a ‘Best Smile Contest’

Here is something you can do to give your patients a chance to show off how your work together has improved their lives. They can send in pictures of their new and improved smiles to be posted on a special page on your website. If you want, you can even create public voting, and have your website visitors pick a winner of the ‘Best Smile Contest’!

Engage your Community with a Blog

Adding a blog to your website is an important way to keep things fresh. You can blog as little or as often as you choose, but you should aim for regular posts that your clients can look forward to. You choose the topics – they can alternate between updates about your practice, patient or staff profiles. news and updates about dentistry, or general useful knowledge to educate your patients.

Another thing you can do with your blog is host “guest posts” from local businesses. In this manner you can trade posts with them, with each of you posting on each other’s blogs, and reaching a whole new audience of each other’s customers. This may work especially well if your businesses are related – for example, doctors, dentists, and orthodontists who wish to share networks.

Dental Office Lease in Los Angeles

No matter what your medical specialty, Boulevard Medical Properties understands how much your patients mean to you. Whether you’re just starting out on your own, or looking to expand your practice, we will always help you put your best foot forward to create welcoming and efficient spaces for you to serve your clients. Contact us today for an appointment!

Mistakes to Avoid When Establishing Your Practice

Starting your very own medical practice can be as intimidating as it is exciting. Knowing where to begin is often a mystery that eludes even the most well-prepared professionals. Before diving straight into your practice, take a step back to establish yourself. Knowing what not to do is just as important as knowing what to do, and that’s what our Boulevard Medical Properties professionals want you to know.

It’s unfortunate to see the same mistakes being made over and over again. We don’t want you to fail in this exciting time, where it’s most crucial for you to start off on the right foot. Take a close look at these common mistakes to avoid when leasing a medical office space in Los Angeles, and you’ll be on your way to establishing a successful medical practice on your own.

1. You Don’t Get the Right Loans

Starting any kind of business or venture requires loans. No matter how much you have in your own pocket to invest right off the bat, you’re going to need some reliable financial assistance.

However, that doesn’t mean you should go with the very first loan or banker that comes your way. It’s essential to shop around and find the right loan that works for you. Starting with the SBA is a good place to start, although you need to put a lot of time and work into finding the right person for the job. Make sure the terms are transparent and completely workable for your specific needs.

2. You Don’t Have the Right Location

Just like in real estate, having the right location can be the difference between heavy traffic and no traffic at all. You want to make sure you establish yourself in an area that is relatively well known, where you know a lot of people could benefit from having a medical practice right there on the block.

Boulevard Medical Properties is highly experienced in helping you as a medical professional find the right medical office space in Los Angeles. Please give us a call if you haven’t yet found the perfect place for your practice to call home. Don’t settle for something super cheap because it’s far away. Get your eyes on a good location and start bidding for it.

3. You Don’t Plan Early On

It’s never too early to start planning. It’s understandable how eager you are to get started, but that doesn’t mean that you should jump right in without having all the necessary details planned out first.

And your planning should go far beyond the brainstorming phase. You need to be sure that you have all elements of your medical practice ready, including:

  • Getting the right lenders
  • Establishing your location and working with a real estate agent
  • Conducting business with all third-parties who are involved in your practice
  • Getting insurance policies down
  • Hiring all needed staff members
  • Getting contractors to help you with your construction or remodeling needs

It’s advisable to allow yourself at least 6 months to start planning for your practice. But just know that you should give yourself all the time you need to get things in order.

Take Your Medical Practice to the Next Level with Professional Property Services

At Boulevard Medical Properties, we want to ensure that your practice is starting off the right way. From the pre-planning phase to the first day you open, we can provide vital tools and resources needed to set you up for success. If you have additional questions about renting the right medical office space in Los Angeles, or you want to inquire about loan and banking options, please contact us right away. You can reach out to us online or give us a call at (818) 882-5700.

Best Strategies to Market and Promote your Practice

After you have found the best medical office space for lease and opened your practice, your marketing goals are simple: You want to capture the greatest number of new patients while retaining as many existing patients as you can. It goes without saying that we live in an information-overloaded, short attention-spanned society. So, how do you break through the noise, rise above the crowd, and shine? You create a targeted marketing plan that considers who you are, who you know, and what resources you have at your fingertips.
For more information about office space in Los Angeles and running your medical practice, get in touch with Boulevard Medical Properties today.

Building a Strategic Marketing Plan

French writer Antoine de Saint-Exupery was quoted as saying, “A goal without a plan is just a wish.” These words apply to success in marketing, too! Marketing is a business strategy and must be planned as such.

Branding

Patients have as many options for healthcare services and providers as you did when you were searching for the best medical office space for lease (a lot). If you don’t want to “look” the same as everybody else you must establish a well-differentiated, unique, and memorable brand by creating a value proposition.

A value proposition is a statement of the value you promise to deliver. It should always do three things:

  1. Explain how you will solve your patients’ problems or improve their situation.
  2. Deliver specific benefits.
  3. Tell the ideal patient why they should patronize your medical practice and not the competition’s.

Some classic examples of value proposition themes that work are:

  • “Best Quality”: Do you hold yourself to the highest standards? Can you claim to provide a higher quality service than your peers? Do you have proof of this?
  • “Best Bang for your Buck”: Do you provide excellent service at reasonable prices? Is your practice geared towards being affordable to the average family?
  • “Luxury and Aspiration”: Do you perform cosmetic procedures such as elective surgery or cosmetic dentistry? Even if you don’t, you might fit into this category if you offer VIP service or treatment!
  • “Must-Have”: Do you provide a service your market cannot live without? Are you necessary? This category can work for many medical professionals.

Online and Social Media Marketing

Your website and other internet resources are underutilized methods of getting and retaining patients. Here are some tips on how you can focus your marketing power online.

Your Website

The goals for your website are that it be simple, modern, and easy to understand. Placing a large “Schedule an Appointment” button on several pages of your site makes it easy for patients to reach you.

Social Media

By far the most important social media channel to be on is Facebook. It has quite simply become ingrained in our culture and our daily lives, no matter our ages. Create an official Facebook page to share content that informs and educates your patients. If you don’t know where to start, try posting answers to some patient questions.

Reviews and Testimonials

What people say about you online counts. To manage this, make it a practice to ask your patients to post about their experience at the end of each visit. This will usually be on a website like Yelp, but you may also have a “Testimonials” page on your website where they can post.

Email Marketing

Collect all your patients’ email addresses so you can send them appointment reminders and updates. Use a service like Mail Chimp or Constant Contact to streamline your messaging. You should aim to communicate with your clients at least once per month.

Guerilla Marketing

Guerilla marketing practices are known to be modern, effective, and cheap. They involve promoting your practice in unconventional ways with a small budget.

Plan an Event

Identify your target market – pregnant women, retirees, parents – and plan a public event at your practice with that audience in mind. The event allows potential patients to meet you and your staff, see your office, and ask questions. For example, a dermatologist might offer a free skin cancer screening at an open house and book regular office appointments at the event.

Be Available to the Media

Newspaper and TV reporters are always looking for health experts to speak up on the health story of the day. Consider what areas your practice specializes in and put yourself out there as a knowledgeable source. This can not only put your name in the minds of prospective patients but also lend you credibility.

Referral Marketing

Many medical practices and specialties rely on referrals from other practitioners. Referrals can also come from current patients or even your own staff. Ultimately, referrals from any source are based on strong relationships.

Referrals from other physicians and their staff come from being secure in the knowledge that the patient will be taken care of, and the timeliness of reports back to the referring physician.

Further, you must educate and empower your employees to be ambassadors of your practice. “A happy medical assistant who loves her job and knows the high level of customer service your practice offers will want to sing your praises,” says Marlee Ward, President of Rx MD Marketing Solutions.

Similarly, your patients can be a powerful marketing force. Just as they do with their favorite restaurant or a reliable bank, your patients will share their experiences at your office with their family and friends. Take advantage of that with a patient loyalty program: If your office offers elective procedures, you could give a discount to those who refer you – such as 50% off laser treatments.

Choose Boulevard Medical Properties to find the best medical office space for lease in Los Angeles! Our dedicated team of expert real estate professionals will help you locate the perfect space, navigate lease negotiations, and guide you all the way through design and construction. For more information, call 818-882-5700 or contact us online!

Types of Medical Practices

Whether you are fresh out of your residency, looking to branch out on your own, or are looking to expand your current practice, there are a variety of medical practices to choose from. With each type of medical practice comes different responsibilities, elements, and benefits to consider. Although there are a multitude of factors to consider, Boulevard Medical Properties has made part of the process easier by being dedicated to connecting you with the perfect medical office space for lease.

Solo Practice

As its name suggests, a solo practice is a practice without partners or employment affiliations with other practice organizations. This type of medical practice allows the physician to have optimal control (i.e. deciding which patients they see, who they hire, hours they work, etc.). However, with a solo practice also comes some risk that other practices may not have. According to the American College of Physicians, “The locale in which you wish to practice will sometimes determine the success of a solo practice. Suburban or rural areas are often better suited for solo practice because of significant medical need and less competition from other medical resources.” That is why it is important to speak with our experts at Boulevard Medical Properties, because we understand what your practice means to you and can help you find which medical office space for lease is best for you.

Group Practice

A group practice is different than a solo practice because there is a presence of two or more physicians providing patients with one specific type of care. With a group practice comes the benefits of added financial security, not having to start from scratch, and added support from others on the team. This is a great option for physicians who are looking to play a significant role in the practice but want more safeguards and support in place. With a group practice comes the need more or room and a comfortable space for all your team members, staff, and patients.

Employed Physician Practices

This type of medical practice is when a physician is being employed within one of several practice models. Joining this type of medical practice can be advantageous to the physician by removing the administrative roles of the job and allowing them to solely focus on their area of expertise. You may relinquish even more of your control over the practice with this option, but you will not need to ever worry about the logistical problems. Scheduling, patient contact, accounting, and many other menial tasks are taken care of through employed physician practices.

Medical Office Space for Lease

Regardless of the type of practice that you chose, it is important that you choose the right place to set up shop so that you establish a successful practice. With investment in your vision, knowledge of the field, and “go green!” initiative, it is not hard to see why Boulevard Medical Properties are the experts when it comes to finding physicians the perfect medical office space for lease. To connect with their team and see what medical offices are available around you, contact them today.

Common Mistakes to Avoid When Starting Your Medical Practice

If you’re ready to begin your own medical practice, there are a myriad of decisions to make and obstacles to avoid. Starting a business is always risky, but the benefits of owning your own practice are expansive and rewarding. Being a successful business owner is easy when you know what common mistakes to avoid, so let our experts at Boulevard Medical Properties help you start on the right foot.

No Clear Business Plan

In the medical world, practices are often defined by the kind of care offered and the type of insurances accepted. This is an important decision to make as a business owner and if you don’t have a clear direction for your practice, it may be a rough start.

Before you begin hiring employees or researching medical office space for lease, decide what your practice will specialize in and what types of insurance will be accepted. When you have a clear plan and you can confidently outline your future goals, your current situation becomes that much easier to plan.

Once your model is firmly established, you need to begin a layout for the future as well. Establishing a long-term business plan will benefit your practice for years to come as opposed to a strategy composed of smaller goals that you will accomplish in a handful of years. Continued growth is the key to maintaining a great and successful practice.

Lack of Sufficient Capital

Starting a new business is a difficult pursuit and along the way, there may be extra fees or higher prices that are not anticipated in your business model and revenue plan. It’s important to have the right amount of capital for the practice you are attempting to get off the ground and it is always a good idea to over budget and take your location into consideration. For example, minimum wage differs from state to state and even between cities. This discrepancy can affect the salaries for all your employees, as even salaried workers will expect a different yearly amount based on how high the minimum wage is.

Another example comes from leasing or purchasing of an office building for your practice. In some states you may need a significantly smaller amount of money to purchase a building or secure a lease, but if you are in a more urban area of a larger city, the rent and down payment on purchases will increase dramatically. If you’re looking for the perfect medical office space for lease, contact our team at Boulevard Medical Properties today to start your search. Leasing medical offices instead of buying full buildings is an effective way to cut down on your costs and give your growing business the flexibility it needs.

Making Large Purchases Immediately

Once your business has a building, employees, and a strategic long-term plan, it can be tempting to begin buying every new piece of equipment that is available. This is a common mistake made by new medical professionals who want to bring cutting-edge technology to their practice to increase the number of new patients. This is almost always a costly move, however, as the newest technology may have nothing to do with your specialty or it may be an expensive item that is not utilized in your everyday appointments.

The best way to make sure you’re only buying integral medical supplies is to start with the technology and equipment you use on a daily basis. If your specialty requires an expensive piece to perform standard appointments, do your research to make sure you are getting the best equipment at a good price.

If you’re searching for the perfect medical office space for lease, call our team at Boulevard Medical Properties. Find a great new office at an affordable price today!