What are four types of medical practice and provide an advantage each?
1. Private Practice:
- Advantage: Autonomy, flexibility in setting fees and hours, and direct patient relationships.
2. Hospital Employment:
- Advantage: Regular income, access to resources and facilities, and malpractice coverage.
3. Group Practice:
- Advantage: Shared overhead expenses, collaboration with colleagues, and potential for higher income.
4. Academic Practice:
- Advantage: Opportunities for teaching, research, and involvement in cutting-edge medical advancements.
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