The Medical Journal of Australia
Episode 521: MJA Podcasts 2023 Episode 15: The issues facing doctors who run their own practice, with Associate Professor David Williams
Jul 16, 2023
Neurologist and general manager discusses issues doctors face running their own practice. Topics include hurdles of starting a practice, importance of efficient systems, benefits of secretarial support, challenges of larger practices, and balancing roles as a physician and entrepreneur.
17:51
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Quick takeaways
- Setting up a practice requires addressing administrative deficiencies early on to ensure growth and efficiency.
- Utilizing external support like part-time secretaries can streamline operations and facilitate sustainable practice expansion.
Deep dives
Challenges in Starting a Private Practice
Doctors face challenges when starting their own practices, often lacking business training or clarity on operational aspects. Not being equipped with guidance on setting up practices leads to uncertainties in governance, growth strategies, and resource management. The transition from specialist training to running a practice involves seeking ad hoc solutions like cheap secretarial support, which may not align with envisioned high-quality practice standards.
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