During this moment in history where many of us will be affected personally and professionally, I did not foresee a world where the private specialist medical practice will be brought to a halt in Australia.
Technology is threaded through our lives, influencing the way we interact, solve problems and make decisions. We no longer second guess the necessity of developments, ensuring our smartphones, computers, home assistants (Alexa and Google Home) and gaming consoles are up-to-date. We expect our hardware and software to perform around the clock, rising to the challenge of making our busy lives easier.
Physicians work long hours, alternating between face-to-face patient consultation and practice administration. How many crucial hours are you losing to tasks that could be easily automated?
The cost of delivering value-based healthcare in Australia is on the rise as a result of patients becoming more confident in demanding personalised, affordable services from local clinics. As such, physicians and clinics need to look for new strategies to ensure the continued viability of their organisations by turning to patient care models that increase efficiency and ultimately relieve pressure on their bottom line.
Starting a medical practice is an exciting and rewarding endeavour. This blog is designed to help you navigate the ever-changing Australian medical landscape whilst setting up your own business. In order for you to be the best clinician you can be, it is important to have the business aspects under control; we call this “practice fitness”.
Improving efficiency is a core part of how to run a successful medical practice, and putting the right processes in place to enable it is especially important in the early years, when your practice is getting off the ground.
An effective healthcare system must be flexible enough to adapt to the needs of a changing population. In Australia, life expectancy is 81.5 years – among the highest in the world. In order to secure the sustainability of Australia’s healthcare, we need to address what the implications of an ageing population are, and consider next steps in order to move confidently into the future.
Health industry growth in Australia has become a certainty. Treatment and practice advancements continue to bring the medical community closer to significant development. With change on the horizon healthcare leaders should be turning their attention to strategic organisation growth.
Opening your own medical practice is a rewarding endeavour. As a new business owner, you'll need to establish efficient processes and smart finances. This practical guide aims to streamline your operations and simplify your finances, from day one.