
Episode 151: Credit Where It’s Due: Managing Debt & Financing for Medical Practices
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Debt makes most doctors nervous. But what if avoiding financing is actually holding your practice back?
Welcome to Medical Money Matters, the podcast where we tackle the intersection of medicine, money, and management—helping you run your practice like the business it is. Today, we’re diving into a topic that physicians often avoid but can’t afford to ignore: debt and financing for medical practices.
If the very mention of debt makes your stomach turn, you’re not alone. Most physicians are naturally conservative when it comes to money—and understandably so. You’ve been trained to avoid risk. To make decisions based on data, not gut feelings. And let’s be honest: medical school didn’t prepare you for amortization tables or capital structure discussions.
But here’s the thing. Avoiding debt doesn’t mean avoiding risk. In fact, in some cases, avoiding financing might be the most expensive decision your practice can make.
Today, we’ll explore what financing options are available to medical groups, break down the difference between debt and equity financing, and help you think clearly about when—and how—to use capital as a strategic tool. By the end of this episode, you’ll have a framework for making smart financial decisions that support both the clinical mission and the long-term stability of your organization.
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Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ Visit Craig’s website to book your Once in a Lifetime music experience
Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/