What’s Really Scary About Owning a Medical Practice

Send us Fan Mail Owning a medical practice can be scary, but not always for the reasons you think. When I opened my practice in 2018, I worried about cash flow, delayed insurance payments, and whether I could make payroll—even with a full schedule. In this episode, I’m sharing six realities of insurance-based practice, from chasing payments and rising expenses to unpaid work and audits. These are experiences I’ve lived through and lessons I want other doctors to learn before facing them firsthand. Because being a good doctor isn’t enough. You also need a sustainable business. Watch my conversation with Dr. James O’Leary on YouTube: https://youtu.be/M-stbRt6y28?si=_ZClwmmqvUcoksje Support the show --> The Tea on Direct Care, a weekly sip on direct care delivered to your inbox Sign up here NEW 3rd Annual Mastering Private Practice Course hosted by SoMeDocs: includes Operational Systems That Prevent Physician Burnout by Tea Nguyen, DPM and many others. Buy tickets here Contact me here Direct Care Guide here (Canva document) --- Join the Direct Care Society, a private WhatsApp community here. Ads free! EMR I'm currently using in my Direct Care practice Simple Practice Find me on LinkedIn https://linkedin.com/in/teadpm More resources teadpm.com