Jobs · Healthcare · California

Building a Private Neurosurgery Practice

The MD Academy · Fellows, CA · 1 wk ago
HealthcareContract

About this course

A comprehensive guide to launching and operating a financially successful private neurosurgery practice — from entity structure and credentialing through back-office operations, marketing, and long-term financial architecture.

Course curriculum

  • The Decision: Employed vs. Independent – Free preview (20–25 min)
    • Learning objectives: Articulate the financial and lifestyle tradeoffs of private practice vs. employment; Build a basic revenue comparison model for your specialty; Identify the personal and professional factors that determine readiness
    • Key takeaway: Independence is a business decision, not just a lifestyle one. The math usually favors it for proceduralists within 2–3 years.
  • Entity Structure & Legal Foundation (25–30 min)
    • Learning objectives: Choose the right legal entity for a physician-owned practice; Understand basic tax implications of each structure; Set up an entity architecture that separates operating risk from assets
    • Key takeaway: Structure before revenue. The entity decisions you make in month one follow you for decades.
  • Location, Space & Build-Out (20–25 min)
    • Learning objectives: Evaluate a commercial medical space from both clinical and financial perspectives; Understand lease vs. own tradeoffs for a physician practice; Navigate the Certificate of Need (CON) process where applicable
    • Key takeaway: Real estate is your single largest overhead. Negotiate hard, own when you can, and always model the full cost of a space before signing.
  • Credentialing & Payer Contracting (25–30 min)
    • Learning objectives: Navigate the credentialing process without losing revenue; Negotiate payer contracts rather than accepting standard fee schedules; Understand when going out-of-network is the right strategic choice
    • Key takeaway: Credentialing is a revenue problem disguised as an administrative one. Start 6 months early and negotiate every contract.
  • Back Office: Billing & Revenue Cycle Management (25–30 min)
    • Learning objectives: Understand the end-to-end revenue cycle from charge capture to collections; Choose between in-house billing and an outsourced RCM partner; Read and act on key billing performance metrics
    • Key takeaway: Most practices leak 10–15% of revenue through billing inefficiency. Fixing your RCM is the highest-ROI operational investment you can make.
  • The Out-of-Network Playbook (25–30 min)
    • Learning objectives: Understand the No Surprises Act and how it affects OON surgical practices; Implement a patient consent and good faith estimate workflow; Protect your OON receivables from underpayment
    • Key takeaway: OON is not a billing workaround — it is a legitimate business strategy for subspecialists, and the NSA provides a structured path to fair reimbursement.
  • Staffing & Human Resources (20–25 min)
    • Learning objectives: Build a staffing model appropriate for a growing surgical practice; Hire a practice manager who can run the business so you can run the OR; Understand key HR and employment law obligations for physician employers
    • Key takeaway: Your staff is your brand. A great practice manager pays for themselves 3x over in retained revenue and physician time freed up.
  • Technology Stack for the Modern Practice (20–25 min)
    • Learning objectives: Select an EHR appropriate for a neurosurgical specialty practice; Build a compliant, efficient technology infrastructure without overspending; Understand HIPAA requirements and avoid common compliance failures
    • Key takeaway: Your technology should disappear into your workflow. If your staff is working around your EHR, the EHR is costing you money.
  • Marketing the Private Practice (20–25 min)
    • Learning objectives: Build a referral network that generates consistent surgical volume; Establish a digital presence that supports both patient and physician referrals; Create a concierge patient experience that drives word-of-mouth
    • Key takeaway: Your reputation is your marketing. Every referring physician interaction and every patient discharge is a marketing moment.
  • Financial Architecture for Physician-Owners (25–30 min)
    • Learning objectives: Read and interpret a practice P&L; Build a personal wealth strategy that leverages your practice ownership; Plan for practice valuation, sale, or succession
    • Key takeaway: Your practice is your largest asset. Manage it like one from day one, and build your personal wealth architecture in parallel.

Details

  • 10 lessons
  • Lifetime access
  • Certificate of completion
  • Use code MDAcademyNow for 10% off at checkout
  • Full refund within 2 days if it's not a fit

Related guides

  • How to Start a Private Neurosurgery Practice – The real sequence, entity structure, credentialing, and back office setup, from a neurosurgeon who built one.
  • Private Practice vs Hospital Employment for Physicians – A grounded comparison of income, autonomy, and risk between staying employed and going independent.

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