There are a number of aspects of financial wellbeing that medical practitioners need to look at that may be unique to the medical profession. Certainly as graduating professionals they have usually had to take student loans and tread a long path to finally being able to make some money.
We are aware that many of our seasoned medical practitioners who have been partnering with a good medical practice finance management company for a while are aware of the kinds of financial plans they need to make, but there are many young people just starting out in medical practice and they have some unique aspects of their financial challenges that they need to face and deal with.
In the interests of supporting our partners in the medical fraternity we try to advise on ways that you, as a medical practitioner, may be able to create a better practice. We have done a few articles on setting up a medical practice, but this one on ‘A few ‘P’s that perfect a medical practice,’
In the interests of offering good service and solid advice to not only our existing, but also potential future clients in the medical field, we have embarked on a series of articles, which we hope will help with the ‘start up’ of a private medical practice.
We like to believe that as medical practiced financial management specialists we have, over the years assisted you to build a sound practice, which in turn should have earned you as the medical practitioner some substantial – or at least reasonable wealth! Now that you have some money, there are many aspects of building your personal wealth and just the financial stuff that goes on in life that simply can’t be ignored.
In the interests of serving the medical profession as a whole, we at MFI, believe it is not only important to diligently ensure the financial ‘wellness’ of practicing practioners and hospitals, but to also advise and encourage those who have dreams and ambitions to enter private practice.
You may be on the threshold of entering the Primary Healthcare business (PHC) – or still at the stage where you are just looking for a future business that offers good prospects.
We have published …and will continue to publish many articles about the reasoning behind and the vital importance of medical practitioners and hospitals partnering with financial specialists in the medical industry. The reason for this is because it is the main offering and largest focus of MFI, one of South Africa’s most respected and reputable exponents of medical practice management.
MFI is a multi faceted financial institution that offers many areas of financial management expertise – the primary one being the financial management of the medical profession. It is highly specialised and requires a level of expertise that is not offered by many other financial institutions.
When in your own business, there are many problems that can arise regarding financial management ….and none more so than in the medical profession. As medical practitioners know only too well, their livelihood relies largely on the management of funds administered and paid to them by medical aids and so they face a few unique […]
