How I went from being an employed physician to opening my own practice
After my anesthesia residency and pain management fellowship at UCSF, I stayed on faculty for 5 years. But between the pay cuts and the high cost of living, it became apparent that something needed to change.
We moved to Louisiana and I joined an anesthesia group that said they needed a pain management specialist. It didn't take me long to figure out that our objectives were not aligned. So I decided to take the leap and start my own practice.
Leveraging my practice into multiple revenue streams
As my practice grew, I realized that there were only so many hours in the day and so many I could see. I recognized that I was referring my patients to other services that I didn't control. My epiphany? By vertically and horizontally integrating services, I could improve the quality of care my patients received and maximize my revenue at the same time.
My practice grew to 11 providers. I built a 25,000 sq ft medical office building. And then added multiple services and businesses including a multispecialty ambulatory surgery center, anesthesia company, PT, Imaging Center, psychological services, lab services and more.
Why I teach other physicians
There are so many physicians who are frustrated by how hard they work and how little they make. They are looking for alternate ways to make money--often outside of medicine. Maybe you are one of them?
But there is truly so much opportunity within medicine-right under your nose. Physicians spend so much time, money and effort to become doctors. Why not capitalize on that expertise?
I discovered how to optimize my efforts to deliver the best patient care and make the most money without working harder. And now, using an action-by-action plan, I teach physicians what I’ve personally done to build a time-leveraged, multiple 7-figure businesses.
I understand that we were not taught the business of medicine in medical school or residency. And that starting a business can be scary. But I know, from my own experience, how a data driven plan transforms an idea to a reality.
If you like what you’re reading and want to get started with my free online resources right away, check out one of my special “how-to” guides.
How to Start Your Own Private Medical Practice
Are you overwhelmed at the thought of starting your own private practice? This cheat sheet will give you a roadmap with step-by-step instructions to get your practice up and running.
Use Your Practice To Work Less And Generate More Money
Do you want to make more money without working harder but don't know how? My guide of proven strategies to leverage your medical practice will show you how.