Opening a private practice? Don’t overlook your medical supply strategy.

In this episode, I walk through how to create a master medical supply list before you open, how to evaluate and find a Group Purchasing Organization (GPO), why you shouldn’t over-order inventory in the beginning, and how to track usage from day one.

One of the best pieces of advice I received when starting my own practice was this: buy only what you need...you can always order more later. Because inventory sitting on your shelves is cash not in your bank account.

If you’re launching an insurance-based or cash-pay private practice, this episode will help you protect your margins and build smarter operational systems from the start.

Wondering if Private Practice is right for you?

Take the Private Practice Readiness Quiz!

This quiz will help you identify where you fall on the readiness spectrum—and what your next best step should be.

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If you want step-by-step guidance to build your practice business plan, check out my new digital course: Plan to Practice. It's a short course designed to take you from scattered practice ideas to a detailed, individualized business plan. Learn more about the course by going to hangingashingle.com/ptp

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