Becker's Healthcare April 17, 2024
When it comes to choosing a practice setting, physicians have a lot to think about. Whether it be self-employment, employment, or employment in an academic setting, there are pros and cons to every option.
The American Medical Association has identified some key pros and cons to four different physician practice settings in an April 17 report.
The pros, cons of four different practice settings:
1. Solo practice owner
Pros: If you own your own facility, you have full autonomy over everything, from administrative, to legal, to financial decisions and more.
Cons: It can be difficult to start a practice from the ground up. There are administrative burdens, high startup and overhead costs, and unpredictable work hours...