The benefits of a shared medical office space
Medical coworking

The benefits of a shared medical office space

The last two years have changed everything for industries, organizations, and individuals. As the dust settles, one fact becomes clear: flexibility is a necessary tool for survival during volatile times. 

Out of all this disruptive change came new ideas, tools, technologies, and, more importantly, different ways of working efficiently. Hence, shared medical office spaces, also known as medical coworking, became a safe harbor for independent health practitioners navigating the rough waters of the global pandemic. 

There are a slew of advantages behind the growing popularity of the medical coworking space concept. Here are some of them:

1. Cost-effectiveness

A major reason why shared medical office spaces are superior to traditional offices is that they offer far greater value for money. In a typical situation, providers may routinely save tens of thousands of dollars on upfront and ongoing costs. 

Shared medical office spaces are thoughtfully designed, move-in ready, and are typically located in prime locations—a combination that can work out to be significantly less expensive compared to a regular office rental.

With no long-term leases or commitments, practitioners avoid the huge upfront investments required when leasing a traditional office space. Additional ongoing costs such as utilities, cleaning, front-desk personnel, high-speed wifi, printing, copying, scanning, and mail services are shared by the other practitioners and are included in the membership price. 

2. Flexibility and scalability

Medical coworking companies cater to a wide array of practitioners, whether they need a flexible space or a permanent home for their practice, giving them the freedom to practice on their terms.

With most traditional leases, practitioners are restricted by the size of their space and are often required to take on more space than they need. In this situation, the only way a practice can grow is by leasing space next door—often easier said than done—or by moving into a larger facility. 

We live in a fast-paced world where the space that suits a private practice’s needs now could be too big or too small in six months. A shared medical office space allows independent health practitioners to scale their practice easily, in whatever direction they choose. 

3. Elevated experience

Most modern medical coworking companies strive for excellence by providing a diverse range of services and curated amenities to deliver an elevated experience for both practitioners and their patients. 

Beautifully designed spaces, thoughtfully managed lighting and acoustic environments, warm and welcoming front desk reception staff, meeting, event, and outdoor spaces, and complimentary refreshments are some of the additional features offered to create a full-service concierge experience. 

4. Networking opportunities

Ease of networking is one of the understated benefits of being a member of a medical coworking space. Shared medical office spaces bring practitioners together who might never have had the chance to network in a more traditional office environment.

Medical coworking companies foster connections between like-minded professionals through community-building efforts by helping them network, refer patients, and build partnerships. This is a win-win for all with great potential to impact practitioners' sustainable growth, patient experience, and quality of patient care. 

As the new normal continues to evolve, more flexible business solutions will be required to accommodate these changes. Shared medical office spaces offer the support, adaptability, and community needed for independent health practitioners to weather any storm and thrive no matter what tomorrow, the next year, or the next decade may bring.