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The Importance of Insurance in Medical Practice: Types of Coverage Required and Budgeting for Protection
Starting a medical practice demands substantial financial investment and strategic decision-making. The costs can soar, typically ranging from $70,000 to over $100,000. With average monthly operating expenses around $6,000, medical practice administrators and owners are burdened with various financial responsibilities. Among these, insurance is often overlooked but is crucial for safeguarding the practice against potential […]...
01 Sep 2024