Tag Archives: practice

What are the Different Types of Commercial Properties?

Beginning any new business comes with a set of foundational questions to ask yourself. One of those foundational questions is what type of building or space you’d like to build your business in. Choosing the right property for your business is essential in its ability to properly flourish. Before you sign that medical office lease, continue reading on to find out more about different types of commercial properties and choosing the one that is right for you.

Office

Office buildings are a very generalized commercial property that can vary on a wide spectrum. They are usually divided by urban or suburban environments. Urban offices are found in, you guessed it, urban neighborhoods or cities that are usually housed in high-rises or the like. They also tend to be a lot larger than suburban offices. Suburban offices, on the other hand, can be found even in residential looking buildings or in a group with other offices. Office buildings can also vary depending on their rank (Class A, B, or C). Class A buildings are regarded as the more premier office buildings compared to B or C. They usually have a great marketing presence and incorporate innovative building techniques or style. Class B buildings are considered the average among office spaces. They generally have a reasonable rent and are adequate as an overall building. Class C buildings usually offer low rent but are not considered the best in building adequacy.

Medical office buildings are another commercial property to consider among the office group. These properties often house private practice or group practices. In a group practice, several doctors come together to work together in providing their medical specialty. On the other hand, a private practice involves one doctor who runs the operation, though they may have some employees to help them with this. Medical office buildings are a very popular option for medical companies or private doctors. They offer many amenities at a good rate. For example, Boulevard Medical Properties in Los Angeles offers to take care of lease paperwork and wishes to work with you to provide your office with what you specifically need for your business to succeed.

Industrial

Another type of commercial property is an industrial building. Industrial buildings are usually frequented by several different tenants. These can house anywhere from basic industrial operations for manufacturing to bulk warehouses or an industrial & office space mix.

Retail

Retail properties are made up of retail stores, restaurants, etc. This can range from housing multiple tenants to single buildings. This can also include big chain stores such as Walmart, Target, etc.

Hotel

A hotel is another type of commercial property that people don’t often think about. Hotels can be a part of a chain, such as the Marriott, or an independent business. Depending on their status, they may offer anywhere from limited service, to full service with a restaurant and concierge. Casinos are also regarded as hotel commercial properties. Another type of hotel is an urban or resort located establishment like a bed and breakfast. This is regarded as a “boutique” and isn’t part of any larger chain.

Multifamily

Any type of residential real estate outside of a single-family home is considered a multifamily commercial property. This includes high-rises, mid-rises, a two-three story home (which is considered a “garden-style” property and walk-ups. Housing communities or low-income housing is also considered a multifamily property.

Overall, commercial properties are defined as anything larger than one house or lot. So whether you’re looking to lease a new medical office (contact Boulevard Medical Properties today!) or rent an apartment in a condo building, it’s all considered commercial!

Signs it’s Time to Expand Your Practice

Lots of physicians dream about starting their own medical business and turning it into a popular and incredibly successful practice. For many doctors, this dream comes true, and new dedicated practices are established as a result. But how are you supposed to know when it’s time to expand your practice? With the help of Boulevard Medical Properties, you can recognize the major signs that are telling you it’s time to take the next step with your medical practice! Learn more about commercial real estate in Los Angeles when you talk with a talented team member from Boulevard Medical Properties today!

Think Over Your Schedule

If you are considering an expansion for your practice, take some time to reflect on your appointment schedule from the past year or two. If your business hours are packed all day consistently for a full calendar year, you may not have enough open business hours or physicians available to best serve your patients. Incredibly busy office days and appointment bookings months ahead of time are signs of success and can be followed by a strategic expansion. When looking through your years to identify how much business you have on a daily basis, compare months that are more likely to have fewer appointments. Months like April, May, June, and July are more likely to have some fewer patients statistically, as patients are prone to taking vacation time off during this part of the year. If these lighter months are still profitable for the practice, an expansion might be a necessary and beneficial next step for your business!

Consider Your Location

While the quality of a physician is the most important factor when receiving healthcare, another important component is the location of the practice. If your business is not located in a prime area or prominent town, it could be more difficult to build lasting relationships with patients. Consider moving to better commercial real estate in Los Angeles if your location does not serve the demographic that best suits your business, even if the cost will be a little higher. Paying more in prime office space is cheaper than choosing a location that might make maintaining patients more difficult. Find out more about your options for commercial real estate Los Angeles when you contact a representative from Boulevard Medical Properties today!

Can Your Staff Handle It?

Whether you are a solo doctor, or you work in a co-op, there is a staff of people who are committed to the success of your practice. When considering an expansion to larger offices, longer hours or newer technology, you might also want to consider how your staff will handle the upgrades. The expansion you need may be to add more support staff or even another main physician to help increase the number of patients you can take along with a potential office building upgrade. A good way to tell if you need to add more support staff is to take stock of everyone on the payroll so far and pinpoint the last time a new hire was added. If you haven’t hired new personnel in a while and have maintained most of the support staff for years, it might be time to add another employee. Think about how your front desk is managing the workload, how capable your nurses, physicians’ assistants, resident doctors or lead physicians are handling the cases and determine if a new employee is the best expansion decision for your practice. When you’re ready to get started on the expansion of your dreams, call Boulevard Medical Properties and let one of their talented team members show you the best commercial real estate in Los Angeles. If it’s time to take your business to the next level, get the best to help when you contact Boulevard Medical Properties!

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!

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!

Relocating Your Practice

There are a multitude of reasons why you may need to move your medical practice to a new location. Boulevard Medical Properties can help you find the best medical office rent in Los Angeles, as well as lend you our expertise in the real estate industry. Whether you are looking for something more financially stable, a location that has higher foot traffic, or a spot closer to your patients, it is always a good idea to be prepared before doing so. Follow these steps to make sure that it is done right.

Find the Best Location

A move could strengthen your practices and bring stability, or it could cause a decrease in visits. When you are looking for a new location to continue your medical or dental practice, be sure that you are picking the most convenient spot for your patients. Does the office have parking close by? Is the parking free, or do you have to worry about getting parking tickets validated? Do your patients need to spend a lot of time searching for your office in a large building, or is your office easily located? The first step, and arguably the most important, is to make sure that your new location is the best fit for your patients, since they are the ones driving your business. Boulevard Medical Properties specializes in these types of business locations and can help you find the best medial office for rent in the Los Angeles area.

Informing Patients of Relocation

It is extremely important to make sure that you do not lose any patients due to inconvenience, confusion, or misinformation. Most likely you are not the only doctor or dentist in the area offering these services, so you want to make sure you keep your patients happy and informed. It is a good idea to post multiple notifications at least a month before the move and be redundant with the information. Post signs in the office containing your move date and new location, send out emails and make calls to your patients to make sure they are aware you are moving, and post the move date and address on any social media or website you have. The more places the notification is posted and the earlier you post it, the less likely a patient will be unaware of the move.

Informing Vendors of Relocation

It may seem like an obvious step, but make sure that you also inform any vendors of your move. Crucial deliveries from the Postal Service or other couriers could put a halt on day-to-day operations, which will cost you money. The goal of relocating effectively is to lose as little time and revenue as possible during the process.

Change the Address on Your Materials

Another crucial step that may be overlooked is the need to change the practices location on everything from invoices, remittance forms, notepads, pens, documents, and anything else that has the address listed. If this step was forgotten, you may lose out on a few weeks of revenue from payers that are sending their checks and payments to the wrong address. A helpful tool that the Postal Service offers is forwarding addresses so that hopefully this won’t become a problem.

Hire a Professional Moving Company

Ask anyone who has moved into a new home, having a professional moving company take care of the heavy lifting is always a huge advantage. This is even more important when it comes to relocating your medical practice because there are a lot of valuable pieces of equipment that could be easily destroyed and hard to replace. Find a company that specializes in moving medical equipment to mitigate any financial risk from moving with your staff alone. You will save time by using a company that is experienced in these types of moves, you will minimize any risk of equipment being damaged, you will have more time to treat patients, and your perceived down time will be nominal.

Relocating your medical practice could be extremely beneficial, but it doesn’t always go according to plan. Be sure to find the perfect location and gain useful tips from the experts at Boulevard Medical Properties, who can help you find the best medical office rent in Los Angeles; contact us today by clicking here.

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.

Questions to Ask Yourself About Improving Your Practice

Whether you’re an established medical practice with years of patient experience, or you’re a new business just starting to get off the ground, doctors everywhere are always striving to make their medical offices more efficient, to bring in more monthly or yearly revenue, and to deliver an even better experience to every patient that comes through the door. Read on for some helpful advice on what areas of your practice could improve with some simple tweaks in your business plan.

To see the recent trends in medical office rent in Los Angeles, get in touch with Boulevard Medical Properties today.

Multitasking Employees

If your practice is struggling to keep more administrative or part-time employees for an extended period of time, you may want to consider shaking up the job descriptions and train multiple staff members for multiple jobs. For example, if your practice employees a single receptionist, it may be difficult to replace them if there is ever a vacation, sick day, or other reason for an extended leave. By training multiple employees to do a handful of jobs, staff members can more freely take days off, and no miscommunications occur as they do when temporary workers are hired. These multitasking employees can be part time workers to ensure that your business can still afford the wages and increase productivity at the same time.

Location

Co-working offices are popping up all over the country in an effort to decrease single office spaces and increase the affordability for start-up and small businesses. Medical office rent in Los Angeles, New York, Chicago and Boston are very popular since these are some of the largest cities in the country and they house some of the worlds’ greatest doctors. Looking into renting medical office space may be a great way for your business to save extra money on rent and could lead to a more collaborative atmosphere at work.

Atmosphere

Doctor’s offices, whether they’re general physicians, specialists, or dentists, are often feared by patients. Even if the idea of going to the doctor’s office isn’t scary, sometimes being in any sort of medical room can cause stress, especially in younger children. If your waiting areas and overall atmosphere is more geared towards making people feel happy and comfortable to be in your medical environment, it can be a fruitful idea to invest in an immersive area.

Place magazines and books around for adults, fix televisions in certain spots around the room, and, if you have younger patients, create a special area where they can play or read children’s books. Making small tweaks to bring your patients comfort can allow them to feel significantly less anxious about being at the doctor’s office and they can be more relaxed when it’s time to attend their consultations.

Half-Day Schedules

There’s a reason so many medical students dream of one day opening their own practice. They dream of the freedom and opportunities of being a business owner, and they want to be their own boss. The benefits of running a medical practice on your own are endless. One of the main reasons is being able to create your own schedule. If you run a practice with other physicians, chances are they’d love half days too! Create a schedule with one half day a week can prove to be a positive process. Employees look forward to the shorter day, patients are attended to more efficiently, and the schedule can be flexible. If you tend to get more patients in the afternoon, have a late-start half day schedule. Cutting your schedule in half can also substantially increase revenue. By closing the business early (or late) and not paying anyone for those hours of time, your business will save money by not running if there are no patients to see during that period.

Medical Office Rent in Los Angeles

With a little creativity and an open mind to your business model, you can efficiently find ways to improve your practice over the years. If you’re interested in researching up-to-date medical office rent in Los Angeles, contact Boulevard Medical Properties to speak with a knowledgeable partner!

Launching Your Medical Practice

There’s a lot to take into consideration when launching your first medical practice. Before you begin, you might want to think about the steps involved in launching your practice successfully.

Budgeting, financing, finding the right medical office space for lease, and legal document signing are just some of the many steps you’ll need to take on the road to having your own practice. Whether you already have a business plan in mind or not, it doesn’t hurt to look at the steps below to use as a guide.

Our experts at Boulevard Medical Properties want to make sure you are fully equipped with the knowledge and tools that you’ll need for success when opening your first medical practice. Though there are many steps involved, by following each one carefully, you can prevent yourself from becoming overwhelmed.

Step 1: Think About Financing

Budgeting is never a fun topic, but it’s a necessary one if you want to open a successful practice. First, you’ll need to develop your pro forma – which is similar to your business plan. A good pro forma gives you better opportunities for investments and financing. Your pro forma allows you to plan how you are going to obtain your initial revenue, and what kind of revenue you expect to project over the first year or so of your practice.

Don’t hesitate to shop around for the best loans and financing structures. Don’t rely on just a single lender or the first bank you see – ask around and get estimates so you know you can get the best deal around. There are waiting periods you can take advantage of too, so that you are able to prepare for the next steps.

Step 2: Think About Equipment and Staff Members

Now that you’ve obtained the proper funding and financing to start up your medical practice, you need to invest in the proper equipment and staff members so that your medical office will function smoothly. You want a talented team by your side, helping you to accomplish the day-to-day tasks as well as handle the immediate needs of patients and other clients.

Once you’ve got a healthy team of staff members underway, you also need to start considering what equipment to buy. Many practices find benefit from investing in an electronic health record system, which is a great way for keeping records and documents safe on digital files. Systems such as medical billing services and transcription software are also necessary in this day and age.

Plus, you’ll have to consider all your ancillary services as well. For example, do your patients enjoy being able to get bloodwork and other specialty tests done on-site? If you’re a specialty practice, you might want to make sure that you have all your specialty equipment and services available in your office. This will make customers happy as they can rely on you to complete every step of their medical needs.

Step 3: Consider the Final Tips Before You Open

You’re almost ready to open your medical practice! Lastly, you’ll want to make sure that your practice is insured – this is an absolute necessity – and that your physicians and staff members have their proper credentials and payment methods set up.

Next, you’ll want to clearly line out the policies, procedures, and practices that are integral to the well-being and functionality of your office. Make sure each staff member and representative are aware of the dos and don’ts of your practice, including how to deal with patients, what treatments can be given, and what billing steps need to be taken. Once you’ve gotten all this underway, it’s time to open your doors!

Medical Office Space for Lease

You’re finally ready to open your first medical practice. With your financing options locked in, your staff members hired, your equipment ready to go, and your insurance and company policies laid out, you have everything you need to get started.

Remember to stay true to your practices and to always seek advice if you have any further questions. If you’re in need of a medical office space for lease, or if you need more tips about how to successfully start on your own, you can contact our Boulevard Medical Properties professionals online or you can give us a call at (818) 882-5700 at any time.