How to Start and Grow a Profitable Cash Based Medical Practice

In this week's episode, Dr. Mike Woo-Ming returns to the podcast to explain how to build a cash-based business. Since it eliminates the hassle of billing insurance companies, such practices bring more autonomy and satisfaction.

There are several types of businesses that follow this model, including:

• weight loss
• skincare and aesthetic
• medical spas
• concierge medicine

During the conversation, Mike describes how he started, how his business has adjusted to meet market needs and add new services, and how he grew the number of clinics over time.

His advice is to keep things simple, start small, leverage your team, and take advantage of opportunities when they arise.

You will find links mentioned in the episode at nonclinicalphysicians.com/cash-based-medical-practice/

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