NANS Webinar 2024- Starting A Private Practice- On Demand-NANS Webinar 2024- Starting A Private Practice- On Demand

Video Transcription

Video Summary

In a recent roundtable discussion, Drs. Taif McDomi, Marcus Harris, and Junaid McDomi shared insights from their experience of starting a private practice focused on interventional pain and neuromodulation. This venture, considered unique due to its rarity and complexity, has offered valuable lessons in the past two years. Initially, they discussed varying practice types, emphasizing academic, private, entrepreneurial, and independent contractor models. They highlighted the importance of understanding each model's pros and cons to align with personal and professional goals. <br /><br />Starting from scratch, the team emphasized the significance of having a clear vision, planning meticulously, and adjusting to unforeseen challenges. They outlined the critical initial steps such as building a strong executive team, coordinating with healthcare attorneys, and choosing appropriate office space. <br /><br />The discussion also stressed the importance of understanding federal and state regulations, especially for private practices handling complex pain management issues like the opioid epidemic. Marketing strategies, starting with community engagement pre-opening, were outlined as crucial for establishing presence and building a patient base. <br /><br />Furthermore, the doctors emphasized the importance of staff selection, recommending maintaining a lean but effective team initially, and then focusing on growth with clear roles and advancement opportunities to contribute to practice stability and success. <br /><br />Overall, they advised prospective practitioners to have detailed planning, build strong community networks, seek knowledge, and stay compliant with healthcare regulations to successfully launch and sustain a private practice.

Keywords

private practice

interventional pain

neuromodulation

practice models

healthcare regulations

opioid epidemic

community engagement

staff selection

marketing strategies

practice stability