This is an audio podcast targeting doctors, medical and dental students as well as small business owners/consultants who want to consider where to put practices within the United States and how to promote them. We will discuss growth, demographic character, psychographic profiles, competition saturation, and economic development. Additionally, we will deal with the research indicating media, messages, promotions, and strategies to build and enhance a patient base.
The Podcast is hosted by Scott McDonald, the leading analyst of practice sites and professional practice marketing in the nation.
Makes A Perfect Place to Practice
In this episode, Scott Mcdonald dives into why you should put a practice where the perfect place is as well as the three traditional demographic imperatives for practice: economic growth, population growth, and socioeconomics.
He said, "A rising birth rate is one indicator of who can step into your practice and benefit from it." And remember, the percentage of people tends to be even more important than how much they're earning. Also, when it comes to choosing a location that shows the most economic potential, you will have to move in because of job opportunities. Thus, moving target is going to determine so much of your success.
Staff As A Problem
Dr. Scott McDonald delivered a talk about staff that may jeopardize healthcare practices in the United States. The problem is that the number of people available to work, university enrollments, and young people's scholarships are all declining.
In summary, there is a demographic problem. They refuse to labor for any amount of money. So, as someone who has typically taken young people, taught, motivated, and gotten them going successfully, it can be resolved by finding places in the United States, where there are young people willing to come in and work.
Scott recommends you check www.demographics.com to find out the ideal areas where you will not have this more serious problem.
On today's podcast, Scott McDonald discussed the Demographics of specialty practice and their imperatives. He said that it is necessary to understand the distinction between experts. He shared how specialists choose the population they would serve based on various variables, priorities, calculations, and techniques to cluster it into surrounding hospitals.
Visit www.doctordemographics.com to know more
Do you have an interest in going to medical school? Young people interested in going to medical school need to know about all the opportunities out there for them and more. Here are a few things you need to know about and then you can decide where, when, why, and how much (cost-wise) you want a medical career.
When it comes to choosing a place to practice, the rule of thumb on "Growth" has not changed but competition ratios have to be reexamined. "Practice Clustering" is changing the calculations a little, especially for specialist practices. That is why choosing a demographic company that does real analysis (not just publishes competition figures) is so vital.
There is a new urgency in determining public policies that will help or hurt practice value in the long run based on "Public Choice Theory" (how politicians and regulators put their thumb on the scales) and it is having a profound effect
Are You Kidding: Michigan, Ohio, and Kansas
For a long time Michigan, Ohio, and Kansas have been off the "Best Places " lists for demographers. Employment, labor participation, income, and growth have not really been that bad but they have not been outstanding either. But with increased growth, lower housing prices, relatively lower taxes, and superior single-family home availability, this region has popped back up to the top of many lists. Let's explore why.
Very informative! Great podcast
Very insightful and informative!
Easy to listen to and learn. If you wan to make wiser, better informed decisions you should subscribe.