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Starting a medical practice brings both excitement and challenges to business owners. However being an ‘owner’ of a practice requires more than being a medical professional. Owners need strong business acumen and a digital-first mindset. 1. Failing to view the practice ‘as a business’ For......
Three winning strategies for gaining more referrals There is no silver bullet to establishing referral relationships. But with consistent communications, you can build your reputation with a wider circle of prospective referrers. These days, competition among specialists is fiercer than ever. GPs are never short......
In business, there are many clichés, some more useful than others. ‘You get what you measure’ is one of the more useful. At The Specialist Hub, one of the services that we offer is to help you set cost and income budgets, and to keep your......
Looking back at 2018/19 End of financial year is the time to look at your practice performance reports in detail. What went well and what can be done differently in the new financial year to grow your profit? When assessing the performance of your business,......
Burnout needs to be taken seriously World Health Organization officially classifies BURNOUT as a disease, and doctors are particularly vulnerable. Tomasz Forfa of the Doctors’ Collective has identified that burnout amongst doctors is reaching “plague proportions” in Australia. He states that “recent suicides among......
There are only 3 ways to put more money in your pocket Sell More (treat more patients) Charge More or Spend Less Every year, it’s a good idea to plan in advance how you are going to deliver against each of these objectives. Sell More......
Pilots make their money from flying planes Pilots spend their time capitalising their expertise and experience gained through years of expensive training, by transporting people safely to their destinations. Pilots do not spend their time trying to run an airline. Pilots do not sell airfares. ......