5 challenges small medical practices face and solutions that can bail them out

October 24, 2014 12:48 pm

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Last Updated: March 11, 2026

What is ailing the small medical practice down the road?

You love that cosy, little practice down the lane. It is the same medical practice you were taken to as a child for immunization shots. The old world charm of the place, the physician who knew all his patients by their first names and the way the receptionist smiled at patients, could make dreaded hospital visits a bit more bearable.

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And then something happened. The medical practice was on the verge of shutting its doors much like its counterparts across the country. Blame it on bureaucratic interference and financial bottlenecks. But it is a well-documented fact that private practices are on the decline.

Ironically it is small medical practices that almost effortlessly achieve what the entire healthcare industry is busy discussing about and moving towards; better patient care at low costs.

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