In solo private practice your are practicing alone, without partners or other affiliations, usually with minimal administrative or clinical staff. Today, only about one in five residents chooses solo practice. The solo practitioner handles all aspects of the practice, from patient care to paperwork, regulatory compliance and financial management. “The primary benefit of solo practice is that the practitioner is in complete control and makes all the decisions,” says Patrick Alguire, M.D., head of education and career development for the American College of Physicians-American Society of Internal Medicine,. “But that might be seen as a disadvantage, too, because making all the decisions is a lot of work.”   Overhead is usually higher than in group practices, and because their patient base is relatively small, solo practitioners may be more acutely affected by economic and market factors.  Private practice doctors have to manage a business in addition to performing their clinical duties.


Posted May 15 2020, 08:39 PM by admin
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