Starting or joining a practice in a different location can be challenging, as physicians try to build a presence and attract new patients.
Harry Greenberg, MD, a dermatologist in Las Vegas, details key thoughts for a successful relocation in Diagnostic Imaging.
1. When starting a new practice, figure out the market's needs. For those physicians opting to start their own practice, learn about the market's nuances so you can better understand the need and which locations would be best when attracting new patients. Go talk to fellow practices, community organizations and medical schools to make people aware you are there and available to take new patients.
2. Be wary of making too many changes too soon when acquiring an established practice. Physicians looking to acquire an established practice should employ an appraiser who specializes in medical practice, because oftentimes practices are over-valued. Additionally, physicians should not try to change operations within the first month or so and maintain existing staff. To get patients acquainted with yourself, put up a picture so patients are comfortable when you see them.
3. Ensure you are meeting administrative aspects. Make yore you meet the new state's licensure requirements. Become well versed in the new state's managed care organization provider agreements. If you are setting up a new practice, some mandate sole practice owners create a limited liability corporation and register it with the applicable department of professional licensing.
4. Notify your patients. When leaving a practice, notify patients within at least 30 days of your departure so they have ample time to find a new provider. If you want to continue seeing patients via telemedicine options, ensure you are following telemedicine regulations and have your state's necessary telemedicine license.
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