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HEALTH CARE advisory MEDICAL FRANCHISING: A PRACTICE MODEL FOR THE MILLENNIUM Physician satisfaction is at a low point, with one third of family physicians and over half of certain specialists saying
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Medical franchising a practice is a business model where a medical facility licenses its name, brand, and business processes to another party for a fee.
Any medical facility that wishes to expand its operations through franchising must file for medical franchising a practice.
To fill out medical franchising a practice, the medical facility must provide details about its business operations, financials, franchising terms, and legal agreements.
The purpose of medical franchising a practice is to grow the medical facility's brand presence, reach new markets, and generate additional revenue through franchise fees.
Information such as financial projections, franchise agreements, marketing plans, and operational processes must be reported on medical franchising a practice.
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