Dr. Weitz Teaches How To Start Your Own Private Medical Practice

The Nutshell

If you want to control how you practice medicine and make more money while doing it this course will give you all the tools you need to start your own private practice.

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If you want to control how you practice medicine and make more money while doing it this course will give you all the tools you need to start your own private practice.

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Here's the deal:

You’ve spent years training to become an excellent clinician. But unfortunately, we aren’t trained in the business of medicine. You want to start your own private medical practice but are overwhelmed with how to get started.

With this course you will be given concrete, actionable steps to take your dream of owning your own private medical practice and make it a successful reality.

What You'll Gain By Enrolling:

Learn how to:

define your practice goals and determine where the best opportunities are
structure your new practice
negotiate insurance contracts
develop your fee schedule
determine how much space you need
negotiate a lease or purchase for your space
determine your staffing needs
hire and retain staff
market your practice
decide between in-house and outsourced billing
determine your start-up costs
determine your practice ramp up and revenue
generate financial projections (pro forma)
fund your start up

Course Clients Said This:

Kedar Sankholkar M.D. "Dr. Sandra Weitz, or “Mama Sandy,” as I affectionately call her is like a lighthouse in a difficult-to-navigate ocean. She will take your emotions of wanting to become autonomous, help you direct them through thoughtful, data-driven analysis and turn you into a physician with tools to practice privately. She is eager to speak with you to answer all your questions, to which she usually has an answer or process to have you get the answer. I remember when she showed me how to breakdown every aspect of my practice into several excel spreadsheet templates provided by her to create a bird’s eye view of the practice. Through this and other data collected and analyzed, I was empowered to open my own practice. I remember thinking that Dr. Weitz was “indispensable” as a resource and advisor in the months leading up to opening day. Dr. Weitz has remained actively engaged in helping me with my practice growth since I opened, and she always helps me gain footing with my thoughts and ideas to move the practice forward. If you are thinking of starting or growing your own medical practice and feel like you need a coach by your side, Dr. Sandra Weitz is that person. Her podcasts, group chats, and online course allows you to immerse yourself into the “private practice school” you always wish you had. I’m glad Dr. Weitz is on my team!"

"I am so happy that I found Sandy through her podcast! She has an amazing breadth of knowledge on acquiring or building a medical practice from scratch. I have been in the process of opening my own practice. Sandy is like my personal consultant because every step of the way, she has been providing guidance and suggestions for me. A lot of times I ask her “What are my next steps? What questions should I ask?” Many times she gives advice on things that I would never have thought to ask, but are vital to the process. I have been in other coaching program which are based on group challenges. Sandy’s program is different in that she gives more practical step by step advice, and a ton of personal attention. Anytime I email her a contract to review, I’m always amazed at how quickly she reads over it. Thank you Sandy for not only providing such great content, but also for being my main point of contact alongside my private practice journey!."

"Using Dr Weitz guidance, I have been able to establish a well-run practice form the ground up. My practice continues to grow and now employs 2 providers and 6 staff. Dr Weitz was able to provide essential information vital to establishing and operating my own practice. She provided the knowledge and support in areas such as developing a business plan, management and staffing that are not taught in medical school. The freedom my own practice provides me from corporate medicine has brought me a new level of fulfillment with my job. If there is one thing, I would impart to other physicians would be the freedom and fulfillment owning your own practice provides. You do not need to feel like “a cog in the machine”. Get more joy from your job-get your own practice."

What makes this instructor EXTRA qualified?

Sandra Weitz MD is a double board-certified pain management specialist with 20+ years of experience. She started her own private medical practice and grew it to 11 providers. Dr. Weitz built a 25,000 sq ft medical office, started a multi-specialty ambulatory surgery center and added multiple other related revenue streams. The key to her success? Understanding the business of medicine.

Dr. Weitz’s attitude has always been that a physician can provide superlative care, make lots of money and control their work/life balance. But being a great, empathetic, clinician isn’t enough.

Dr. Weitz is very aware that many physicians are dissatisfied with their employed physician status. And she wondered why more physicians don’t go into private practice.

After speaking with hundreds of physicians, Dr. Weitz realized that fear and lack of knowledge were the driving forces. In 2020, Dr. Weitz began formally advising physicians on how to start, grow and leverage their medical practices through her podcast, courses, The Private Medical Practice Academy Membership, and Facebook community.

Dr. Weitz uses a no nonsense, nuts and bolts approach to teach the business of medicine so that you have a clear step-by-step process for starting your own private medical practice.

Stand-Out Features:

You’ll get 10 Modules (A total of 35 videos with over 13 hours of curated, keyword searchable video content) in this self-paced Course.

1.The opportunity

· Identify your practice goals

· Get the tools to assess practice opportunities

· Determine where the best opportunities are

2. Practice Structure

· Which business (LLC vs. S-corp) structure is best for you

· How to form your new business

· Develop your operating agreement or by-laws

3. Money 101

· Best strategies for deciding whether to take insurance

· Credentialing and contracting made easy

· Construct your fee schedule

· Tips for negotiating your best contracts

4. Your Office Space

· Determine the best location for your practice

· How much space you need

· How to negotiate your lease

· What furniture and equipment you need

5. Human Resources

· Determine your staffing needs

· How to hire staff

· How to retain staff

· Compliance requirements

6.Marketing Your Practice

· How to get (more) referrals

· Marketing strategies that don’t break the bank

· How to retain patients

7. Billing and Coding 411

· How to choose between in-house and outsourced billing

· Choosing EMR and billing software

· Strategies to improve your payor mix

8. Revenue and Expenses

· How to project revenue including your ramp up

· Your start-up expenses

· Capital Expenditures (big ticket items)

· Operating Expenses

9. Your Practice Finances

· Generate your financial projections

· Determine how much start-up money you need

· Write your business plan

· How and where to obtain financing

10. Growing Your Practice

· When to open a satellite office

· When to bring on additional providers

· Easy to implement leveraging opportunities to generate more money

In addition, you’ll get calculators, templates and checklists including, but not limited to:

o Plug-and-play calculators for financial projections including revenue ramp up, start-up costs, operating expenses

o Templates for contract management, tracking referrals, marketing, and more.

Bonuses:

Sample Compliance Manual Template
Sample Policies and Procedure Manual
Sample Financial statement policy
Sample credit card on file
Earn 35 hours of CE
Lifetime access to the course including all the training materials and videos within the member’s portal. All updates to the program are included.