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Publication (Hardcopy)

Starting in Medical Practice

Credit(s): 3 AMA PRA Category 1 Credits™ (Enduring)
Course Number: PME-START/GEN
Original Program Date: April 5, 2013
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    Starting a practice is not just about practicing medicine. It's about the business of medicine.  It's hiring staff, picking vendors, seeking legal counsel, evaluating real estate, credentialing, and more. Generally, these topics are not covered in medical school.


    This guide will walk you through the process of starting your own practice, whether that be in a solo setting or in a group.  


    Topics include:


    • Professional Affiliations

    • Legal Organization and Structure

    • Insurance

    • Licenses and Registration

    • Vendors and Suppliers

    • Personnel Management

    • Policies and Procedures

    • HIPAA

    • Health Care Payment Plan Credentialing

    • Financial Management

    • Coding and Documentation

    • Marketing




    Released:        April 5, 2013

    Expires:          April 5, 2016


    Target Audience

    This course is appropriate for physicians, residents, and students in all specialties.


    Course Objectives

    Upon completion of his self-study program, readers should be able to:


    1. Develop leadership skills and be able to undertake the business responsibility of owning a practice;

    2. Learn financial management; and

    3. Make decisions pertaining to managing an efficient medical practice.


    Teaching Methods
    The participant is required to read the course in its entirety and complete an online test and course evaluation to obtain credit.

    Sponsored By:


    Liability Insurance Discount

    Physicians who are insured with Texas Medical Liability Trust (TMLT) may earn professional liability insurance discounts by participating in approved continuing education activities. TMLT policyholders who complete this course will earn a 3-percent discount (not to exceed $1,000), which will be applied to their next eligible policy period.


    3 AMA PRA Category 1 Credits™ (Enduring)   The Texas Medical Association is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education for physicians.

    The Texas Medical Association designates this enduring activity for a maximum of 3 AMA PRA Category 1 Credits™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.

    The Texas Medical Association requires physician to complete 70-percent of the test questions correctly to receive credit for this course.

    See TMA’s Web Site Privacy Statement

    3 ETHICS   This course has been designated for 3 credit(s) of education in medical ethics and/or professional responsibility.

    Laura Palmer, FACMPE

    Laura Palmer, BS, FACMPE, is a practice management consultant with more than 25 years’ experience. She has managed urgent care, endocrinology, occupational, family, and internal medicine practices. Her expertise includes staff recruitment, business development, and health care payment plan contracting. She has worked in the hospital setting, multispecialty large groups, diagnostic manufacturing sector, and reference laboratories. Ms. Palmer holds a bachelor of science degree in medical technology from Michigan State University and is a fellow in the American College of Medical Practice Executives as well as a certified medical practice executive through the Medical Group Management Association.

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    I wished I had known about this course earlier as it would have made the process of my new pratice better; in any case there have been good points I have not implemented yet and will taking advantage of this new foind knowledge. One of the saliant things I learned was about employee interviewing process, handbook, and what to do to check on prospective employees such as a backgorung check etc. Courses or topics I would like to learn would include job descriptions and policies and procedures for the office. - David (New Braunfels, TX)
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