Tag Archives: cost

Can You Be Saving Money Running Your Medical Practice?

Running your own medical practice can be both extremely rewarding or run the risk of severe detriment to your wallet. Making the right decisions on products, leasing a building, and how operations are run is essential to the success of your business. Having your own medical practice can be all you wish it to be as long as you are intentional and conscious of the choices you are making within it. Here are a few ways you could be saving money while running the medical practice of your dreams.

Your Office

Let’s start with the foundation: your office. The way you go about opening your medical practice all starts with the type of office you choose and how you go about paying for it. Acquiring a mortgage can lead to unnecessary stress — you’re suddenly required to worry about taking care of the building on top of running your medical practice, which is a whole other job in itself. Whether you’re a dentist, pediatrician, or surgeon, your job is to focus on the patient and their problem, not the pipe leak in the basement. In this case, you may want to consider obtaining a medical office lease in Los Angeles through Boulevard Medical Properties.

Not only do we take care of the lease paperwork, but we also ensure that your office space is perfect in catering to your needs. We will go through each step of the construction process, making sure to hit all your design and decorating desires. We also offer amazing packages to our clients to improve or offer assets you may require on your lease agreement.

Securing a medical office lease in Los Angeles with Boulevard Medical Properties also helps you save money with our eco-friendly approach. We encourage all of our tenants to operate on the side of “green” and do our own part by offering eco-friendly materials, such as energy efficient lights.

In paying for these services, you can focus more on the patient, building a great reputation for the success of your company. Boulevard Medical Properties also takes your budget into account when designing your office space, keeping in mind where they can save you money and energy.

Single Use & Quality Equipment

A huge cause of hospitalization in the medical field is due to cross-contamination. To reassure the health of your patients, taking proper care of your equipment is very important. One way you can avoid cross-contamination is by using single-use products. Single-use products allow you to dispose of them after they’ve been used, therefore eliminating any possibility of it being used again by accident. It also saves you money on any repairs you may need for equipment or even cleaning equipment.

Another way to save money is by purchasing and using high-quality equipment. High-quality equipment is at a lower risk of breaking down, therefore decreasing your chances of having to pay for repairs.

Cleaning Your Equipment

In order to save on repairs or cross-contamination, providing proper cleaning treatment to your equipment each day is key. Preventative maintenance services should be regularly practiced on all equipment and cleaning tasks should be a part of daily upkeep. This also helps protect the health and safety of your patients, which should be your top priority.

Redistribution of Tasks

Paying for a company to focus on the more menial responsibilities of owning a medical practice can also save you a lot of money. Certain services, such as payroll, taxes, and marketing for your company, can be performed at a much cheaper rate than hiring a full-time employee to do the same amount of work. Starting with a medical office lease in Los Angeles could be your first step!

Whether you’re starting a medical practice of your own or have had one for some time, saving money where you can is crucial to the success of your business. At Boulevard Medical Properties, we care about helping you to do so. Give us a call at (818) 882-5700 or visit our website to start taking the proper financial steps today.

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!