WCI #227: Starting a Medical Practice

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.9 • 2.3K Ratings

🗓️ 9 September 2021

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When you own your practice, you're able to give better care, have more control and less burnout over your professional life. In general, you make more money too. So, it is mostly all positive, although it does take some work upfront. Will and Juli Albright have been sharing their knowledge of practice startups on the blog for a couple of years, since they started their practice, Alamo Plastic Surgery. Will is the surgeon and Juli is the chief financial officer. They both join us in this episode to talk about their motivation to open a practice, the steps it took, the biggest obstacles and challenges, navigating salaries and benefits for employees, guarding against embezzlement, and marketing the practice. https://www.whitecoatinvestor.com/medical-practice-startup/

Are you a physician? If so, your career probably looks a lot different than it did a few years ago, and it might be time for some change. Fortunately, working locum tenens can help you love medicine again. And whether you’re looking for assignments that are full time or on the side, Weatherby Healthcare has simplified the entire locums process. Our experts streamline everything from credentialing to housing with industry-leading technology and know-how so you can get back to enjoying your career. Whether you’re new to locums or just looking for the right opportunity, Weatherby Healthcare is here to get you where you want to go.

Visit https://weatherbyhealthcare.com to learn more.

The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

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Transcript

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0:00.0	This is the White Code Investor Podcast, where we help those who wear the White Code get a fair shake on Wall Street.
0:06.0	We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.
0:12.0	Here's your host, Dr. Jim Dolly.
0:18.0	This is White Code Investor Podcast number 227, starting a medical practice.
0:22.0	Are you a physician? If so, your career probably looks a lot different than it did a few years ago.
0:27.0	It might be time for some change. Fortunately, working in low-income tenants can help you love medicine again.
0:32.0	And whether you're looking for assignments that are full-time or on the side,
0:35.0	whether be health care is simplified the entire low-cums process.
0:38.0	Our expert streamline everything from credentialing to housing with industry leading technology and know-how,
0:43.0	so you can get back to enjoying your career.
0:45.0	Whether you're new to low-cums or just looking for the right opportunity,
0:48.0	whether be health care is here to get you where you want to go.
0:51.0	Visit whetherbehealthcare.com to learn more.
0:54.0	All right, welcome back to the White Code Investor Podcast.
0:57.0	It's been a little bit since we recorded one, and so it feels like, you know,
1:01.0	I haven't seen you in a while. I guess I never see you, but you get to see me.
1:05.0	Even though you get these podcasts once a week, we actually don't record one every single week.
1:11.0	In fact, today we've been recording a bunch of milestones to a millionaire podcast.
1:14.0	I hope you've checked that out. If you haven't, they drop every Monday.
1:18.0	There's short episodes. There are only about 15 minutes long total.
1:21.0	Basically, inspiring stories from other doctors and White Code investors
1:27.0	who have reached milestones, whether it's getting back to broke.
	...

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