Setting Up Your Private Practice Can Be Overwhelming. If You Are Doing It On Your Own.
By Medinex Team
July 15, 2025
1. A Turnkey Service To Set Up Your Private Practice Professionally & Expediently.
MEDINEX Limited provides one-stop support and consultancy services with a team of highly experienced professionals to meet all your needs. We also have a proven track record in helping General Practitioners (GP) and Specialists start their own private practices.
Hear Two Specialists Share Their Experiences
Learn from Dr. Loong Tse Han from Loong Colorectal and Dr. Derek Park from Park Orthopaedic as they share their personal experiences and insights on the setting up of their private practices. You may watch the full videos by clicking the play buttons below or read the key highlights we extracted below.
Dr. Loong Tse Han
LOONG COLORECTAL
Question
Please share with us your clinic setup experience.
Dr. Loong
“When I was first contemplating coming to private practice, there were a lot of concerns that I had, specifically to … finding the clinic space. Then I realised there is a lot of regulations … they were particularly concerning to me because … it is a field outside of what I was familiar with.”
“So, I was apprehensive about the logistics of getting clinic licensing, getting set up in terms of inventory, getting staffing. All these issues were things that I was contemplating as potential hurdles …. But with Medinex, all these were addressed very smoothly.”
Question
Dr. Loong
“That there are people out there that specialise in this field. Before this, I wasn’t aware and I thought I have to do everything myself. So, at first, I was just looking at just the accounting service, because I know the accounts is where I need someone to manage. “
“Then I realise that there are also other services that could help with the clinic set up, to make things a lot smoother. … I was under the impression that I have to set up my own Instagram page, Facebook page perhaps. … my initial plan was to set up a very rudimentary website just to give my contact details but the branding team (Medinex) showed me that there is a lot more involved in branding and the website setup.
Question
Dr. Loong
“There are people that have the expertise in areas that they (doctors) are not so familiar with, that can help them in the setup and the journey can be a lot smoother than they initially think what it might be.”
Dr. Derek Park
PARK ORTHOPAEDIC
Question
Dr. Park
“In terms of the challenges, there are 3 parts, one is the practical aspect of setting up the clinic, then the financial aspect, and the mental aspect.”
“The financial aspects were quite challenging as well. You have to get a sense of what is your initial capital budget is, and that is not easy to do because you can’t project for activities. So, it’s always going to be an estimate. You put aside a certain amount of capital and certain amount of family savings with the understanding that the first year or two will be quite challenging …”
Question
How has Medinex helped you in your clinic setup journey?
Dr. Park
“… there were various things like inventory, outstanding payments, improvements to clinic functions like stock taking, ordering investigations, how to chase outstanding late payments, … to training the clinic assistants that I have no insights to.”
“… You (Medinex) have so much experience with clinic setup, that you can see someone’s processes like mine and suggest improvements. … Tapping on the experience that Medinex has, was very, very useful.
“One other thing was applying for Tele-medicine licensing and NEHR onboarding, … they (Medinex) were able to help us to apply for Tele-medicine licensing, otherwise it would have been quite painful for me.”
2. Finding the Right Partner Is Critical For The Success Of Your Clinic Setup
Beyond the competencies in term of services across company registration, corporate secretarial, accounting and tax services, statutory filing, branding and marketing, it is also important to select a company that has a proven track record providing these services specifically to General Practitioners (GP) and Specialist Clinics.
Medinex Limited comprises a team of competent business service professionals and certified public accountants based in Singapore who can help you manage your business risk and safeguard your corporate financial and structural constitution. We have over 20 years of experience and expertise in helping healthcare businesses and professionals such as GPs and specialists navigate complexity while strengthening them through our complete services.
