Product Description
Join us for Season Eight of the Enhance Your Practice podcast.
Season Eight: Investing in Your Practice and You
Financial success in private practice requires strategic planning, smart investments, and a keen understanding of new technologies. This season, Dr. Ash Patel and expert guests share insights on funding a practice without loans, making informed real estate investments, and measuring the return on investment for new office technologies. Discussions also cover the journey to financial well-being, offering personal experiences and proven strategies for long-term stability. Whether you're starting out or looking to optimize your financial approach, this season provides practical advice to help you make sound financial decisions and build a thriving, financially secure practice.
This season includes the following episodes:
Episode 38: How I Financed My Private Practice Without a Loan
Description: Host Dr. Ash Patel interviews John Apostolides, MD on how he managed to finance his private practice without taking out more loans.
Summary: Dr. John Apostolides shares his tips and tricks on how to finance your private practice without taking out additional loans. He reveals his strategy for making sure he was fiscally prepared for the first year of solo practice and over time how he was able to build his client base and services offered.
Episode 39: Real Estate: Choosing the Right Investment
Description: Host Dr. Ash Patel talks to Nathan McElroy from Marcus & Millichap about investing in real estate, whether it’s your own practice or an investment opportunity.
Summary: Nathan McElroy of Marcus and Millichap shares his expertise on the brokerage of office and medical offices. Considering purchasing a new practice location or investing in real estate? Nathan will share tips and tricks he's learned along the way, ensuring you invest wisely. Not sure what you want to invest in? We will review the various types of investment properties, macrotrends that effect the value of a property, and more!
Episode 40: Measuring the ROI of New Technologies in Your Office
Description: Host Dr. Ash Patel discusses measuring the ROI of new technologies in your office with John Lindsey, MD who shares how adding portable ultrasound to his practice has benefits beyond monetary compensation.
Summary: Dr. John Lindsey discusses how adding portable ultrasound to his practice has led to a decrease in opioid prescriptions, a decrease in flap complications when identifying patient specific anatomy in real time, and an increase in overall patient satisfaction. Dr. Lindsey’s main use of ultrasound includes regional nerve blocks and perforator flap mapping.
Episode 41: The Journey to Financial Well Being
Description: Host Dr. Ash Patel interviews Jordan Frey, MD who shares his perspective on the journey to financial well-being.
Summary: Dr. Jordan Frey, creator of the Prudent Plastic Surgeon Blog discusses how important it is to think ahead and prepare for the sunset during the dawn of your career. He shares his personal experiences, what has worked for him, and how the White Coat Investor was a great road map on his journey to financial well-being.
ABMS Core Competencies
The following ABMS core competencies will be addressed:
- Professionalism
- System-based Practice
Accreditation
This course is not accredited for AMA PRA Category 1 credit.
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