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Private practice midwifery

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Can anyone give me information about how a CNM sets up a private practice? I live in a major metropolitan area where I understand only one hospital gives priviledges to private practice CNMs. There are only about 7 CNMs in the area. What does one have to do to open a practice? What are the challenges? Is it necessary to have substantial capital to get started? Any info is appreciated.

not sure how to open a practice but I wish you the best.

I would like eventually to go into a practice with a couple ob/gyn physicians.

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