It turns out that startups, and enterprise-level companies with variable square footage requirements, aren’t the only potential tenants for coworking space. Now, doctors will be able to avail themselves of the concept, too.
With a commercial real estate veteran as its CEO and a practicing physician as its president, R2 Medical Group is poised to open the first of what is planned to be a network of easily customizable, medical office suites. Said to be the first shared office space model for medical practitioners, the suites are intended to give physicians in clinical practice access to flexibly designed, state-of-the-art medical facilities and support structure, with an overhead that is fully transparent and highly competitive.
“We are here to provide physicians and medical groups with the business support they need to reduce their practice overhead, meet the challenges of medical practice management from a better strategic position, and to stay in private practice with as much autonomy as they desire,” said Reza Mirali, MD, R2’s president and chief medical officer.
Mirali and cofounder Reza Shahabadi, who serves as R2’s CEO and CFO, recognized the challenges of running a medical practice and aimed to mitigate those pain points. The answer, Mirali and Shahabadi concluded, lay in reducing overhead costs and handling administrative and logistic tasks, so that physicians can focus on patient care as well their own personal lives.
Their initial office, in Chevy Chase, MD, includes Class “A” consultation, examination and procedure rooms. It also comes complete with professional staffing and support services that R2’s founders consider vital to delivering a seamless patient experience, and a cost-effective, efficient workflow for the physician.
R2 Medical Group will also offer guidance and support to physicians to determine optimal space and staffing needs. Further, the business model calls for ongoing support through strategic partnerships with other service providers, such as banking, legal and accounting.
“We act as full partners with physicians and medical groups facing the management and administration challenges of running a practice,” said Shahabadi. “We expect our model to evolve along with the needs of our physician partners, and we purposely stay flexible so as to implement meaningful changes that help continuously optimize their practices.”
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