A prominent urban center in Texas, Houston offers medical professionals a huge variety of opportunities to establish private practices. Home to the expansive Texas medical center and an exponentially growing population, Houston is an optimal location for independent healthcare providers getting into the entrepreneurial private practice space. If you’re looking to start a private practice, or expand your current operations, check out our newly opened, fully furnished medical office spaces for rent in Houston, Texas. Now let’s dive into the many benefits Houston has to offer as a medical hub:
Houston’s vast population and robust medical community provide abundant opportunities for networking, professional growth, and expansion. For those looking to establish private practices, the city offers a supportive environment teeming with like-minded individuals and potential peers. According to Axios, the city's metro population has surpassed 7.5 million and as noted by TMC, more than 8 million patients visit every year. Furthermore, Houston is America’s most diverse city, with 145 distinct spoken languages, 25% of all residents are foreign-born, and is home to over 300 different cultures. Beyond its sheer size, Houston stands as a significant landmark in the medical and research fields.
As reported by Colliers, the Texas Medical Center, the largest medical center globally, calls Houston home. The Texas Medical Center is home to cutting-edge research, raking in $850 in NIH funding: Houston is the place to be if you’re looking to grow at the center of healthcare innovation. Furthermore, it is a great place to build your network and referral system, as the TMC alone employs over 120,000 workers, physicians, and scientists, creating a thriving ecosystem for medical professionals.
Houston's appeal extends beyond its thriving medical community. The city is a haven for entrepreneurial ventures, as there is no corporate income tax. An up and coming startup hub with over 220 healthcare startup companies and 24 companies on the Fortune 500 list, Houston is most definitely a business-positive city, as, according to Houston Innovation Map, venture capital investment has also increased by 250% since 2016. WIth business incentives like the Texas Enterprise Fund and the TMC Innovation Accelerator, the community in Houston is incredibly supportive of the entrepreneurial spirit.
With a low cost of living, Houston is a great place to get started with a private medical practice. According to Houston.Org, among metropolitan US cities, Houston offers the third lowest cost of living. Furthermore, Houston offers a variety of ready-to-use office spaces and co-working spaces. These spaces are becoming increasingly popular, especially in the medical community. The benefits of medical co-working, especially when first starting out or testing a market area for your private practice, are ten-fold. The benefits range from monumental savings in annual expenses to having a community and support network from the start.
If you’re looking for a medical office for rent in Houston, consider MedCoShare’s newest location in Pearland, Texas, just twenty minutes from Texas Medical Center. Just by foot traffic hubs like Shadow Creek Ranch and Pearland Town Center, our location is fully-furnished and offers support services like MAs and billing staff. Get started with your medical practice in less than 2 weeks. Also, save on your rental lease with our flexible options, sign up for 1 year and get 2 months rent-free!
In conclusion, Houston is an ideal city for medical professionals. With a large, vibrant community of patients and healthcare workers as well as a business-friendly environment, Houston is the perfect place to venture into growing your own private medical practice. With MedCoShare’s new location, finding affordable medical office rentals in Houston has never been easier. Explore our medical coworking spaces in the Houston area at MedCoShare Texas and take the first step towards establishing your private practice in this thriving city.
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