I am so happy I found this course (or this course found me). This, in a nutshell, is everything you need to know, that you are never taught, to survive in the real world.
Transition to private practice
The Private Practice ‘Comprehensive’ has been developed for advanced trainees, recent fellows and consultants seeking a smooth and efficient transition to private practice.
The three day course aims to prepare you for the challenges involved with establishing and managing a successful medical practice. Additionally, the course provides training on the action, processes and habits required to achieve and maintain your desired lifestyle.
- From effective to successful
Discover the core role that ‘sound’ principles in business and financial management play in achieving your practice and lifestyle goals.
- Starting with the end in mind
Harness the mindset, practice development and operational strategies required, to build a business that will work despite you not just because of you.
- Practice set-up
Develop a checklist and action plan for assessing your options with respect to buying into or setting up your own practice, and successfully managing the process to fruition.
- Practice management and the role of the practice manager
A good practice manager is an invaluable asset, particularly during the period of practice set-up and establishment – but what exactly should this all-important role encompass, and how do you find and train the ideal candidate? This session will outline the key considerations.
- Medical practice business planning
Understand the theory and tools required for providing structure and systems for project and people management.
- Medicare and medical billing
Deep dive into how the Medicare system works and learn how you can optimise the results for your practice and avoid commonly made mistakes.
- Tax, accounting and business structures
Choosing an appropriate financial and business structure, understanding accounting and taxation basics, and complying with legislation are critical steps when setting up your practice. This session will guide you through the processes, applying practical case study examples relevant to current hot topics to help you make informed decisions.
- Medico-legal risk management
Protecting and managing your practice against risk is an essential component of running a successful business. These sessions will explore risks in practice, claims experience, tools to assess risk, strategies to manage risk, managing the risks of others, professional indemnity for the practitioner and the practice, and choosing the right type and level of cover.
- Personal risk management
‘Stuff’ happens! Discover why and how to design and implement your own personal and family long-term ‘safety net’ for protection against unforeseen events.
- Banking and finance
Do you know what practice, investment and personal finance products and strategies are available to you? This session will explore tailored solutions designed for the unique needs of healthcare professionals.
- Medical practice information technology
Advance and maximise your practice and personal efficiency through smart adoption of technology and strategy.
- Wealth creation and lifestyle planning
Making it and keeping it. Develop a sound comprehension of money do’s and don’ts, smart debt management, understanding investments, understanding legislation and choosing the right team to work with.
- Asset protection and estate planning
The use of family trusts and other mechanisms, if implemented correctly, can help protect your personal assets from claim. This session will guide you through the strategies available, as well as outline the proper planning required to minimise adverse tax effects for beneficiaries.
- Medical practice marketing
Marketing communicates your promise – what differentiates you from other practices – but it also focuses on how you deliver that promise. This session will explore a range of essential marketing strategies including branding, generating referrals, the role of education, websites, internet, social media and patient experience management.
- Practice design and construction
Understand the principles of practice design and construction, their impact on patient/customer attraction and satisfaction, and how they can be used to optimise operations for efficient work-flow.
- CPD point entitlement
- Three days of intensive lecture and workshop style presentations
- All presenters are leading professionals in business and financial disciplines specialising in healthcare consultancy
- Personalised needs analyses and action plans
- Course workbook and resource library
- Networking social functions
- Morning tea, lunch and afternoon tea provided