Career Transition - Major Physician Concerns, Part II

Madison River and Range – 2009

Montana

Professional Matters 

The transition from our careers is a new challenge we all face. It affects physicians in common and unique ways. This includes major concerns such as personal, professional and medical practice matters.

This article provides an overview of major professional considerations. A previous article discusses the rationale and benefits of undertaking proactive, preparation. More to the point, it includes the question of when and how to begin. I encourage you to review it as it presents the foundation for this and subsequent articles that I’m confident you will find very helpful. 

The Path to Preparedness

There is a very close association between your personal and professional concerns that you must identify and consider as you begin to prepare. There may be some overlap, but when you consider this closely, it will become apparent that there are substantial differences. It is important to resolve questions that will arise so that you can create the foundation for subsequent decision making, planning and execution. This is very important, as failure to do so can be a root cause of hesitation, indecision and delay. These can result in opportunities lost due to lack of preparation to take advantage of them. This is an important tactic: to use time as a tool for advantage by preparing proactively in a timely manner.

Professional Matters

The following are some examples of common, significant issues for you to consider in no particular order of importance.

• When to begin to plan
• Timing of execution
• Gradual vs. complete transition
• Transition of patient care, notification, access to records
• Your access to medical records
• Professional relationships 
• Continuing education
• Registrations and licenses; federal, state, local
• Regulatory entities notifications
• Professional, business and personal insurance policies

 Plan and Prepare

I encourage you to embrace the need to be prepared sooner rather than later. Every bit of time and effort will accrue to your direct benefit and family. This will empower you to have a transition experience that will lead to renewal and fulfillment as you avoid unnecessary stress and preoccupation.

Plan. Prepare. Prosper. _TM   

Updated: May 24, 2024

PS: Would you like to learn more about how to transition from your practice? I would like to assist you. I provide practice transaction services that are tailored to your specific needs. Click here to request an introductory conversation.

If you would like to learn about another way that I can guide you, check out this brief video that describes my unique online course: 

The Practice Transition Course for Physicians. _TM     

Red Poppies – 2009

USA