‘I’d be terrified’: Why new GPs fear practice ownership
NEW GPs are terrified of the prospect of one day owning their own practice, put off by concerns about money, business skills, and administration.
Dr Elizabeth Sturgiss, a GP and researcher at ANU, says she was surprised by the level of fear expressed by 19 registrars and recent fellows interviewed for her study.
Asked to think about the prospect of practice ownership, one registrar said: “That’s the furthest thing from my mind. I’d be absolutely terrified to do it.”
Another responded: “I’m actually scared of owning a practice.”