Chapter 4: Navigating the Business Side Of A Private Practice
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Chapter 4: Navigating the Business Side Of A Private Practice
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In this episode, host Dr. Erica Rowe Urquhart speaks with Dr. Brian Sims, an orthopedic surgeon with extensive education and experience, about the challenges and nuances of running a private orthopedic practice. Dr. Sims shares his journey from medical school through obtaining an MBA to better manage the business side of medical practice. The discussion covers topics such as the complexities of insurance contracts, the necessity of business knowledge for private practitioners, the structure and operation of his multi-specialty practice in Amarillo Texas, and the broader healthcare landscape. Dr. Sims also reflects on his passion for surgery and the importance of maintaining patient trust and legacy in medicine.
EPISODE HIGHLIGHTS:
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Dr. Sims explains his decision to pursue an MBA
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Dr. Urquhart and Dr. Sims discuss the business challenges they face in running a private practice
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Dr. Sims reflects on a 30 year career in Orthopedics
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Dr. Sims gives advice for aspiring doctors