From Residency to Thriving Practice Owner: Dr. Brown’s Journey with PRG
“You’re immediately confronted with a choice: join a large group offering an impressive salary but sacrificing autonomy, or take the leap into practice ownership. Large groups will show you huge numbers, but they dictate patient volume, work hours, and practice style. Some of my colleagues who chose that path now see 70 patients daily… Starting your own practice requires significant work, but it’s absolutely worth it.
Dental Office Cost Breakdown: Your Essential Planning Guide
For first-time practice owners, estimating dental office costs can feel overwhelming. Practice Real Estate Group’s free Expense and Timeline Generator transforms complex financial planning into a simple process. With just four quick questions, you’ll receive a comprehensive breakdown of your potential expenses including monthly rent projections, build-out costs, and a realistic timeline to opening day. This data-driven tool provides the validation you need when making one of the most significant decisions of your career.
Client Spotlight: How Dr. Conde Built Her Independent Dermatology Practice
When Dr. Jennifer Conde noticed the growing corporatization of healthcare during her residency, she decided to forge her own path.
Shopping for Medical Malpractice Insurance? Here’s Where to Start
Editor’s note: Most healthcare providers need medical malpractice insurance, which means that whether you run a start-up, multi-location practice, or DSO, you’ve had to wade through a litany of offerings. We’ve referred our clients to several insurance providers over the years, prioritizing the brokerages that share our values – they’re responsive, deep experts in their […]
Should I Buy a Practice or Start Up? 4 Critical Decision Filters for New Practice Owners
Deciding between buying an existing practice or starting your own is a critical career choice. Consider these four decision filters: your timeline for ownership, where you want to be 18 months from now, your financial readiness, and how much location control matters to you.
From Associates to Owners: How Two Veterinarians Secured Their Dream Practice Location Despite Multiple Competing Offers
With strategic patience and healthcare-specific expertise, Todd helped the doctors secure their ideal location, proving that with the right guidance, aspiring practice owners can successfully navigate even the most challenging real estate markets.
Startup Dentist Finds Ideal Location Through Data-Driven Approach with Practice Real Estate Group
When a colleague recommended Peter Hays at Practice Real Estate Group (PRG), Dr. Yei decided to give healthcare real estate experts one more chance.
3 Critical Real Estate Lessons for New Practice Owners
As you prepare to open your first dental practice, selecting the right location will likely be the most significant decision affecting your future success.
Choosing a location: Demographics and Competition
How are demographic studies used to help choose good practice locations? We use demographic studies in a couple of ways to help clients find good locations. The first is breaking down large areas into sub-areas. We then compare those chunks on important demographic variables for the client. We often use variables including but not limited […]
Starting a Practice vs Buying a Practice
Should I Buy a Practice or Start a New One? You have probably had colleagues both start practices from scratch and purchase existing practices. With that, you have undoubtedly heard that one or the other is “best” and that you’d be making a mistake if you went against their opinion. So what really is the […]
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