Tag Archives: medical practice

What are the Different Types of Medical Practices?

When you’ve completed your medical schooling and are on your way to becoming a doctor, there’s another step you must consider: where to practice. There are many types of medical practices to choose from, which can be difficult as they each have their pros and cons. Below is a list of the most common medical practices today.

Group Practice

A group practice is exactly what it sounds like — two or more physicians who all work together in the same medical facility. This team of doctors shares all the work, including administrative roles. In the case of a group practice, it’s common to include professionals who offer different specialties. This gives these professionals the opportunity to consult others in their medical facility and refer patients to them if need be. Some other pros to working in group practice are: it cuts down on the physicians individual risk, your hours are shorter, and you have the ability to gain more capital. On the other hand, it also inherently takes away complete freedom for one individual doctor when it comes to how things are run. For example, if one of you wants to sign a medical office lease in Los Angeles and the other wants to purchase their own building, that is something you’ll have to come to an agreement on.

Private Practice

Private or solo practices involve one physician working alone with a small assisting staff. The biggest benefit of having a private practice is the fact that it gives you complete freedom to build your own company how you’d like. Physicians also tend to have a closer relationship with patients, which usually results in more referrals and more business. Another benefit to owning your own practice is that you’re able to set your own hours and the path with which you’d like your practice to grow. Physicians practicing alone usually opt into owning their own medical facility or signing onto a medical office lease. In Los Angeles, Boulevard Medical Properties not only handles all the lease paperwork, but they also work with each individual physician to create their perfect office environment. The downside to having a solo practice is that it often means more work and higher risk. It’s also common for private practices to be a bit heavy on the wallet, but there are ways around that, such as signing a medical office lease in Los Angeles.

Hospital-Based Work

Perhaps the most commonly known medical practice is hospital work. When working for a hospital, doctors can choose to work for a practice that is owned by the hospital or work in a separate department. Some benefits of working for a hospital are that each physician is provided a salary, has a regular work schedule, and a steady patient base. They are also less liable for complications, meaning their legal risk is low. Working in a hospital does have its drawbacks though, namely a lack of freedom as physicians are required to meet hospital standards. Also, because they are seeing many patients at a time, there is a lack of connection between them, proving to be less fruitful.

HMOs

HMOs, or health maintenance organizations, are the other commonly known medical practice. When working for an HMO, your patients are those that are members of that specific HMO. Much like a hospital, a physician is an employee or independent contractor of the HMO and will have to follow certain rules or guidelines set out by the organization. Some benefits include steady pay and a regular schedule, but the lack of freedom is perhaps even greater than working for a hospital.

Locum Tenens

Locum Tenens refers to physicians re-locating and working in areas that are in dire need of medical help. This type of position is very flexible, as doctors may choose where and when they’d like to offer their assistance. Other pros include high pay, lower living costs, and the ability to travel and explore the area they’re working in. Obstacles for this type of practice are that the work is temporary, meaning a lack of steady work and that benefits are not always offered.

Deciding what environment you’d like to work in requires that you study each type of practice carefully. Do you want to work for others in a hospital, travel the world, or work alone in your own medical practice? Would you like to own your own building or sign a medical lease in Los Angeles? These are all important questions to ask yourself. If you’re looking to start a medical practice and want more information on medical properties, please visit the Boulevard Medical Properties website today to see what we have to offer.

10 Things to Keep in Mind When Marketing Your Medical Practice

Marketing practices have evolved substantially with the addition of social media, but this also means it is easier to negatively impact your marketing strategies as well. Find out what the top 10 things to keep in mind when marketing your medical practice are by reading through the educational guide from Boulevard Medical Properties, then call today to discover all of your options for new medical suites for lease today!

Utilize Social Media Correctly

Social media has become a way to instantly connect with your target audience for significantly less than traditional marketing costs. However, this also means that any major mistakes or slip ups are not only instantly accessible to your clients, they are permanent since social media lives on the internet. Use your social media to promote healthy, positive news about your practice and staff, and be sure to always get consent when posting faces of anyone who isn’t your staff.

Implementing SEO The Right Way

Like social media, SEO or Search Engine Optimization, can be incredibly beneficial when used correctly, or detrimental when used improperly. The best way to make sure your SEO strategy is correct and beneficial is to hire an expert who knows a lot about how best to implement practices in order to not get marked down by internet search engines. SEO differs from paid ad services because all your traffic is garnered organically as opposed to paying for users to find your site.

Introducing Paid Search Ads

Paid search ads work very similarly to both SEO and social media marketing, with one caveat being that you have purchased the ads. Whether you are purchasing search engine or social media ads, this technique can be an effective way to traffic users to your website or page and transfer those users into paying customers. Don’t spend money that you shouldn’t have to by finding an expert on paid search ads, or you can study up on the subject before diving in with your first big investment.

Word of Mouth Marketing

Word of mouth marketing will take you back to the very basic ideal of marketing. This technique takes longer to implement, as it relies on the speed of organic communication and basic human need for medical services through your clientele, but it can result in loyal, long lasting clients. To ensure that your word of mouth marketing is optimal, always treat patients with kindness and attention to ensure that they have a great time in your office and are likely to tell others about your practice and procedures.

Promotional Marketing Strategies

Promotional marketing can be defined by a few different things, but mainly, it means your practice is using a promotion of some sort to get new customers in the door. Try offering a free medical service for new clients, or money off a popular service to introduce your business to the community. Any promotional work will do, as long as it is in the interest of the customer!

Email Marketing Campaigns

Another more basic and established marketing technique is email marketing. To ensure that this technique is beneficial, take down the emails of all clients and reach out to them regularly to update them about the practice, or to offer special deals on medical services. Be sure to email about updates that are not only promotional base to establish a good relationship with clientele.

Community Outreach Marketing

Show the community you work in that you are committed to their wellbeing! Participate in local events by setting up a booth or start your own event to get your practice name and face out to the public. Garnering goodwill for the community will enable new customers to choose your practice the next time they need a medical service!

New Client Marketing

New client marketing is incredibly important for any business, but especially a new practice. Offer special deals to first time patients and offer to give them a tour through your new office to establish trust! Find the best new medical suites for lease with help from Boulevard Medical Properties now!

Client Retention Marketing

Maintaining your clientele is just as important as getting new patients through the door. It is much cheaper to maintain an existing client than it is to get new patients set up, so make sure to devote enough of your efforts to keeping current clients involved in your practice!

Collaborative Marketing Strategies

Working together with other business in your community can be an effective marketing strategy as well. Pick well established and highly reviewed businesses to partner with and reach out to a whole new demographic of clients! Find the perfect medical suites for lease when you contact Boulevard Medical Properties today!

Deciding on Your Medical Practice Setting

Whether you have the opportunity to start using your medical degree at an established facility, or begin your very own medical practice, it’s important to focus on the actual city and building you choose to establish your business in. Deciding on your medical practice setting as a whole is an influential aspect to your entire career, and what you want to do with your expertise. But making these large decisions on your own is not easy, so the experts at Boulevard Medical Properties are here to help you make important choices with a list of the best ways to determining the right setting for your practice. Find the best possible medical office space in Los Angeles with Boulevard Medical Practice today and start your journey to the medical career of your dreams!

Deciding on Your Medical Practice Setting

If you have been offered a few different potential jobs to use your medical expertise, it can be difficult to decide which setting is the right choice for your personal goals. However, choosing the right option can be a little easier when you think carefully about your true strengths and through evaluating your personal work tendencies. If a teaching job has been offered to you, consider whether or not the academic scene is a place you would fit in with easily. While the education of the next generation of medical professionals, extensive time off and other added benefits may be enticing, it may not be the specific field for you if you are interested in a career of applying your medical skills to real patients. If you have been offered a position to join an established medical practice where your skills would be applied to everyday patients, you would benefit from the consistent application of your expertise, but you also may be required to work longer hours throughout the year. Another great option is joining in on the creation of a new practice with a group of physicians, or beginning your own individual practice. Creating a joint practice with other doctors allows you to have partners throughout the start-up process, but any financial benefits would also be split between all members. In the same vein, creating a new practice on your own may benefit with more money, but all of the responsibility would fall on your shoulders. Find the right medical office space in Los Angeles no matter which setting you choose when you contact the experts at Boulevard Medical Properties today!

When choosing the physical setting for your new medical practice, consider a few factors about yourself and your business when making this incredibly difficult decision. The first factor is to think about whether or not your practice will offer a specialty in the field of medicine. If you and your team are certified specialists in an area of medicine, there may be parts of the country, or the state, where your skills would be more beneficial for the demographics. If you practice more pediatrician medicine, establishing a practice in a community of families is a great way to know that you will be able to give care to a larger amount of people. Take into consideration the kind of medicine you practice and do some research to see if your business would benefit from being in a specified area of the state or country. Another factor to consider when planning for a great medical practice setting is how many team members will be joining you in your medical efforts, and whether you would like to own or rent your building space. The number of physicians and support staff on your team will directly affect how large your office space needs to be, and whether or not you should consider buying or renting the buildings you are considering. Don’t attempt to find the perfect medical office space in Los Angeles on your own. Let the talented team at Boulevard Medical Properties help you find a great office space solution for your practice today!

Most Important Things to Consider When Starting Your Practice

After you have spent enough time working in the medical field for someone else, it is natural to start thinking about opening your own practice to create business for yourself. Before you give your notice, however, there are a variety of important things to consider when starting your own practice. With this helpful guide, you can read all about what important questions you need to answer for yourself and what decisions you will have to make before you can make real steps towards opening your own practice. Find prime medical office rent in Los Angeles for your new practice when you partner with our experts at Boulevard Medical Properties today!

What Should You Know Before Starting a New Practice?

It’s common to be passionate about seeing your own patients and running your own schedule while working under another doctor or even team of doctors making these decisions for you. However, if you are planning to practice the same type of medicine that your current office offers in the same general location, you may be competing for the patients that are loyal to your competitor’s practice. If you feel that you have enough patients willing to follow you when you leave, then you can consider opening your own business in the same area. Alternatively, if you are planning to move away from your current practice, or are switching medical specialties, you will not be competing for patients, and you may even be able to work out a referring partnership with your original practice.

Starting any new business is an expensive venture, but businesses in the medical field can be exponentially more expensive because of the extra equipment that is needed to properly stock the office. On top of startup costs, you will have to cover the cost of your medical office rent in Los Angeles, equipment costs, staffing costs for a receptionist and any other doctors, and you will have to be able to run your business for a significant amount of time with no true profit. If you have not yet saved up the amount of money necessary to cover all these expenses, it may not be the right time for you to start off on your own.

When choosing a new office space for your medical practice, you will have to decide whether you prefer buying an actual building, or to rent office space. Both options have pros and cons, but most practices prefer to rent their office spaces to cut down on extreme costs, and for the flexibility of expanding or downsizing whenever they need to. Purchasing a building is preferable for businesses that are planning on staying in the same area permanently, and businesses that will want to lease or sell the building after they are done using it. Owning the building you practice in also gives you the freedom to operate your business however you’d like, whereas a leasing option would require you to answer to a landlord. However, if your business does not have the means to purchase a building, or the need for one, choosing to pay for medical office rent in Los Angeles is a much more beneficial offer. Your startup costs will be substantially lower, and your landlord will be required to maintain the full building for you, so you will never have to finance a cleaning or security crew. Choosing to rent also comes with the power to leave your office space should your landlord not agree to maintain the property to your liking. Find out what all your office space options are for your new practice when you contact Boulevard Medical Properties today. Let us help you find the perfect office solution for your new medical practice now!