Guest guest Posted August 31, 2004 Report Share Posted August 31, 2004 , Congratulations on being successful enough to be able to close to new patients. If I recall, it was a slow start for you. It certainly has been for me, although it's starting to pick up now, 6 months into my practice. How long have you been at it, and what do you think made the biggest impact, advertising/marketing or word of mouth or something else? So far, about half of the patients I've seen came to me through word of mouth. What criteria are you using to judge when to close your practice, number of visits per week, total patient panel, how late you get home, etc? Seto South Pasadena, CA > I am currently getting ready to close my practice to new patients. I > realize I have to notify the HMO groups to be taken off their lists, > but do I need to notify the ppo insurers (Medicare, BCBS, PHCS, etc), > or can I simply tell patients who call that I cannot take them on > (without fear of repercussion from the insurer). Is there a legal > obligation involved? Thanks! > > > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted August 31, 2004 Report Share Posted August 31, 2004 I opened for patients May 1, 2003. I am looking to close at 1200 or so patients. As I have one nurse in addition to me, I figured on 15-18 established patients a day and kind of extrapolated from there to reach an arbitrary number of 1200. Right now, I’m seeing 12-15 a day, but that includes new patients so it can get a bit hectic. My hope is with the upcoming winter months, I will be plenty busy with the population I already have (and I fear what the practice would look like come March if I don’t close). The reality is that although 1200 is arbitrary, based on my current overhead and what I wanted to see, it seems like it will be right on. What I’m finding is that there is a relatively fine line between making ends meet and getting too full. Also, the desire to pay off loans tends to push me in the direction of wanting to see more now to get the money in now. But if I give in to this feeling, my practice would be too busy and I would hate myself in 1-2 years. With my current schedule, I’m home at 5:30 every night and with only 3-5 calls on the average weekend, I’ve actually been using my “free time” to train for my first marathon (Baltimore on 10/16/04). As for what worked the best for me, I would have to say word of mouth…and a newspaper article about me doing home visits. Marketing is more complicated than I ever thought it would be because your spending money you don’t really have trying to make more money in the long run. It seems crazy to run an advertisement in the paper when you can’t find the money to pay the rent, but that’s exactly why you need to run the ad. Talk about conflicts! But, by approaching a reporter for the local paper (as opposed to the advertising department), I was able to convince her that returning to the basics of the Dr-Patient relationship is still possible (and what we’re doing is newsworthy), and she did the article--which was better than any advertisement I could have bought. I would encourage everyone to try this method. Re: Closing down to new patients , Congratulations on being successful enough to be able to close to new patients. If I recall, it was a slow start for you. It certainly has been for me, although it's starting to pick up now, 6 months into my practice. How long have you been at it, and what do you think made the biggest impact, advertising/marketing or word of mouth or something else? So far, about half of the patients I've seen came to me through word of mouth. What criteria are you using to judge when to close your practice, number of visits per week, total patient panel, how late you get home, etc? Seto South Pasadena, CA I am currently getting ready to close my practice to new patients. I realize I have to notify the HMO groups to be taken off their lists, but do I need to notify the ppo insurers (Medicare, BCBS, PHCS, etc), or can I simply tell patients who call that I cannot take them on (without fear of repercussion from the insurer). Is there a legal obligation involved? Thanks! Yahoo! Groups Links • To visit your group on the web, go to: http://groups.yahoo.com/group// • To unsubscribe from this group, send an email to: -unsubscribe • Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted August 31, 2004 Report Share Posted August 31, 2004 I too had figured on closing at between 1000 & 1200 pts. I just opened 4 months ago so I am not nearly there yet, but I’m growing quickly. You mentioned that you have a nurse. By “nurse” do you mean an R.N.? Who answers phones, does billing, collects co-pays, etc? These are the issues I’m struggling with now. Right now it is just me & my wife (she does all billing, phones, etc, just no clinical stuff). I am not sure if I were to hire just other person if it would be better to get a clinical person (M.A., L.P.N, R.N.) or a billing/receptionist person. Re: Closing down to new patients , Congratulations on being successful enough to be able to close to new patients. If I recall, it was a slow start for you. It certainly has been for me, although it's starting to pick up now, 6 months into my practice. How long have you been at it, and what do you think made the biggest impact, advertising/marketing or word of mouth or something else? So far, about half of the patients I've seen came to me through word of mouth. What criteria are you using to judge when to close your practice, number of visits per week, total patient panel, how late you get home, etc? Seto South Pasadena, CA I am currently getting ready to close my practice to new patients. I realize I have to notify the HMO groups to be taken off their lists, but do I need to notify the ppo insurers (Medicare, BCBS, PHCS, etc), or can I simply tell patients who call that I cannot take them on (without fear of repercussion from the insurer). Is there a legal obligation involved? Thanks! Yahoo! Groups Links • To visit your group on the web, go to: http://groups.yahoo.com/group// • To unsubscribe from this group, send an email to: -unsubscribe • Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted August 31, 2004 Report Share Posted August 31, 2004 I actually have an LPN which I “stole” from my previous office. She is great because she can answer clinical questions (after 5 years, she knows all my answers), but she also answers the phone, take co-pays, does referrals, calls in rxns, sets up appointments and yes, when I’m at the nursing home, she cleans the office. I explained to her before we opened that much of the responsibilities would be administrative in nature and would involve less actual nursing responsibilities, but she was excited about the concept and has done everything possible to help it work. In return, I pay her well, give her health insurance, dental insurance, and a liability insurance policy. She also gets a bonus once a quarter based on the “profits” of the business. Hopefully, in the next year, we’ll set up a retirement plan that will also help her out. Although having another employee has cost me a lot of money (need more space, needed a server for my emr, her salary and benefits), she is worth every penny. As for the billing, I do all of that. Re: Closing down to new patients , Congratulations on being successful enough to be able to close to new patients. If I recall, it was a slow start for you. It certainly has been for me, although it's starting to pick up now, 6 months into my practice. How long have you been at it, and what do you think made the biggest impact, advertising/marketing or word of mouth or something else? So far, about half of the patients I've seen came to me through word of mouth. What criteria are you using to judge when to close your practice, number of visits per week, total patient panel, how late you get home, etc? Seto South Pasadena, CA I am currently getting ready to close my practice to new patients. I realize I have to notify the HMO groups to be taken off their lists, but do I need to notify the ppo insurers (Medicare, BCBS, PHCS, etc), or can I simply tell patients who call that I cannot take them on (without fear of repercussion from the insurer). Is there a legal obligation involved? Thanks! Yahoo! Groups Links • To visit your group on the web, go to: http://groups.yahoo.com/group// • To unsubscribe from this group, send an email to: -unsubscribe • Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 1, 2004 Report Share Posted September 1, 2004 Great story. Thanks for including some numbers, so others can get a more specific idea about what's working for you. In time, if you feel up to sharing a case study along the line of Eads, that would also be a great help. On closing to new: My impression is that it is based on the conflicting needs of getting home on time and bringing home a reasonable income after expenses. is right to caution against the desire to ramp up the money with too many patients early on. It is monumentally difficulty to ramp back from an over-saturated practice. Letting too many folks in the door will eventually land you back in the practice you left. I've been closed for two years and get calls every week from patients looking to get in to my practice. I feel like I have to be very hard and fast, turning down family members, spouses, etc. Turning these folks down is very hard. The lesson I've learned is that we usually wait too long to close to new patients, and that our fear that this is going to result in a lack of patient demand is unfounded. Gordon At 09:58 AM 8/31/2004, you wrote: I opened for patients May 1, 2003. I am looking to close at 1200 or so patients. As I have one nurse in addition to me, I figured on 15-18 established patients a day and kind of extrapolated from there to reach an arbitrary number of 1200. Right now, I’m seeing 12-15 a day, but that includes new patients so it can get a bit hectic. My hope is with the upcoming winter months, I will be plenty busy with the population I already have (and I fear what the practice would look like come March if I don’t close). The reality is that although 1200 is arbitrary, based on my current overhead and what I wanted to see, it seems like it will be right on. What I’m finding is that there is a relatively fine line between making ends meet and getting too full. Also, the desire to pay off loans tends to push me in the direction of wanting to see more now to get the money in now. But if I give in to this feeling, my practice would be too busy and I would hate myself in 1-2 years. With my current schedule, I’m home at 5:30 every night and with only 3-5 calls on the average weekend, I’ve actually been using my “free time” to train for my first marathon (Baltimore on 10/16/04). As for what worked the best for me, I would have to say word of mouth…and a newspaper article about me doing home visits. Marketing is more complicated than I ever thought it would be because your spending money you don’t really have trying to make more money in the long run. It seems crazy to run an advertisement in the paper when you can’t find the money to pay the rent, but that’s exactly why you need to run the ad. Talk about conflicts! But, by approaching a reporter for the local paper (as opposed to the advertising department), I was able to convince her that returning to the basics of the Dr-Patient relationship is still possible (and what we’re doing is newsworthy), and she did the article--which was better than any advertisement I could have bought. I would encourage everyone to try this method. Re: Closing down to new patients , Congratulations on being successful enough to be able to close to new patients. If I recall, it was a slow start for you. It certainly has been for me, although it's starting to pick up now, 6 months into my practice. How long have you been at it, and what do you think made the biggest impact, advertising/marketing or word of mouth or something else? So far, about half of the patients I've seen came to me through word of mouth. What criteria are you using to judge when to close your practice, number of visits per week, total patient panel, how late you get home, etc? Seto South Pasadena, CA <?fontfamily><?param Arial><?x-tad-bigger>I am currently getting ready to close my practice to new patients. I realize I have to notify the HMO groups to be taken off their lists, but do I need to notify the ppo insurers (Medicare, BCBS, PHCS, etc), or can I simply tell patients who call that I cannot take them on (without fear of repercussion from the insurer). Is there a legal obligation involved? Thanks! <?/x-tad-bigger><?/fontfamily><?fontfamily><?param Arial><?x-tad-bigger> <?/x-tad-bigger><?/fontfamily><?smaller>Yahoo! Groups Links<?/smaller> • To visit your group on the web, go to: <?color><?param 0000,0000,FFFF>http://groups.yahoo.com/group//<?/color> • Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 1, 2004 Report Share Posted September 1, 2004 Gordon, I am fairly new to the list so forgive me if I missed a previous discussion on the topic. I wanted to ask how many pts do you have? You said you had been closed for 2 yrs. Are you still doing all billing, scheduling, phone calls, etc yourself? Did you reach your income goals with your practice or are you still working part time in your office and part time at Idealized Health? Thanks for any info you can provide! Re: Closing down to new patients , Congratulations on being successful enough to be able to close to new patients. If I recall, it was a slow start for you. It certainly has been for me, although it's starting to pick up now, 6 months into my practice. How long have you been at it, and what do you think made the biggest impact, advertising/marketing or word of mouth or something else? So far, about half of the patients I've seen came to me through word of mouth. What criteria are you using to judge when to close your practice, number of visits per week, total patient panel, how late you get home, etc? Seto South Pasadena, CA <?fontfamily><?param Arial><?x-tad-bigger>I am currently getting ready to close my practice to new patients. I realize I have to notify the HMO groups to be taken off their lists, but do I need to notify the ppo insurers (Medicare, BCBS, PHCS, etc), or can I simply tell patients who call that I cannot take them on (without fear of repercussion from the insurer). Is there a legal obligation involved? Thanks! <?/x-tad-bigger><?/fontfamily><?fontfamily><?param Arial><?x-tad-bigger> <?/x-tad-bigger><?/fontfamily><?smaller>Yahoo! Groups Links<?/smaller> • To visit your group on the web, go to: <?color><?param 0000,0000,FFFF>http://groups.yahoo.com/group//<?/color> • To unsubscribe from this group, send an email to: <?color><?param 0000,0000,FFFF>-unsubscribe <?/color> • Your use of Yahoo! Groups is subject to the <?color><?param 0000,0000,FFFF>Yahoo! Terms of Service<?/color>. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 2, 2004 Report Share Posted September 2, 2004 I'm only 1/3 practice, with the rest of my time spent as faculty with the Institute for Healthcare Improvement and in a Rochester NY initiative (see my web site for details: www.idealhealthnetwork.com). My patient panel is about 450. Since April, I've been working with a 32 hr per week RN, Judy Zettek. I asked Judy to come on to help with two things. 1: I was getting heat from patients that my travel (about twice per month) and time in meetings was getting to be a problem for access. Judy keeps the place going when I'm not physically present, Lee and others have kindly offered to provide visit care for patients Judy and I have screened. 2: Judy and I are testing the limits of planned care. She's running our group visits (which are totally cool, patients love them, fun to do). She's running the Healthy Shots immunization registry She's running the DocSite registry for chronic disease She's doing a lot of phone follow up for those with chronic disease to help them problem-solve and achieve their goals. Now a caution: I'm experimenting with how a practice can achieve phenomenal results. A 1/3 practice could never afford a full RN at 32 hours per week. I'm subsidizing the expense just to test the system. I'm beginning to believe that phenomenal follow-through (the core of chronic disease management) is more likely in the context of a team, and I choose to test that theory with Judy. So far so good. I still do the billing. She gets the first pass on phone calls and the rest. I've been studying some mathematical modeling based on survey work done by a Simon School (MBA school) professor, and early results appear to point to a staffing ratio of about 1:1 being ideal for efficiency. As we test this, I'll let you know. G At 09:47 AM 9/1/2004, you wrote: Gordon, I am fairly new to the list so forgive me if I missed a previous discussion on the topic. I wanted to ask how many pts do you have? You said you had been closed for 2 yrs. Are you still doing all billing, scheduling, phone calls, etc yourself? Did you reach your income goals with your practice or are you still working part time in your office and part time at Idealized Health? Thanks for any info you can provide! Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 3, 2004 Report Share Posted September 3, 2004 I closed my panels to random assignments from insurance plans very early (about 500 patients) which was a good idea for my practice. My new patient visits, with spending an hour and then additional time organizing a chart in the EMR, were taking up a lot of energy every week. What now happens is that all my referrals are by word of mouth and I have the space still to take friends, family members, people in my community. The practice has grown much more "organically" that way and looks more like a community practice than I ever would have suspected in a city of 500,000. I now have about 850 patients and still have room for more. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 3, 2004 Report Share Posted September 3, 2004 Gordon, In my practice, I find the ratio works perfectly. I feel someone should “man the fort” while I’m gone. My nurse knows all the patients and can immediately refer them to the covering doc or schedule an appointment when I return. She checks out prior to leaving for the day (for rxn refills or questions) and forwards the phone to my cell phone. Upon my return, I am brought up to date with everything that happened in 15 minutes or less. Although we have not stretched to the group visit or nurse f/u for chronic diseases, I can see being able to do that when we shut down to new patients (because she won’t have to spend 20 minutes getting demographic and insurance information on everyone that walks through the door). The only other employee I would consider adding would be someone part-time to put the EOBs in the computer when they return from the insurance company and sending off the secondary insurance stuff. I have no problems getting off the initial bill through the internet, but the follow-up process is incredibly time consuming. I’m hoping to talk my wife into doing this, but the bribe might cost me more than just hiring someone else. J RE: Closing down to new patients I'm only 1/3 practice, with the rest of my time spent as faculty with the Institute for Healthcare Improvement and in a Rochester NY initiative (see my web site for details: www.idealhealthnetwork.com). My patient panel is about 450. Since April, I've been working with a 32 hr per week RN, Judy Zettek. I asked Judy to come on to help with two things. 1: I was getting heat from patients that my travel (about twice per month) and time in meetings was getting to be a problem for access. Judy keeps the place going when I'm not physically present, Lee and others have kindly offered to provide visit care for patients Judy and I have screened. 2: Judy and I are testing the limits of planned care. She's running our group visits (which are totally cool, patients love them, fun to do). She's running the Healthy Shots immunization registry She's running the DocSite registry for chronic disease She's doing a lot of phone follow up for those with chronic disease to help them problem-solve and achieve their goals. Now a caution: I'm experimenting with how a practice can achieve phenomenal results. A 1/3 practice could never afford a full RN at 32 hours per week. I'm subsidizing the expense just to test the system. I'm beginning to believe that phenomenal follow-through (the core of chronic disease management) is more likely in the context of a team, and I choose to test that theory with Judy. So far so good. I still do the billing. She gets the first pass on phone calls and the rest. I've been studying some mathematical modeling based on survey work done by a Simon School (MBA school) professor, and early results appear to point to a staffing ratio of about 1:1 being ideal for efficiency. As we test this, I'll let you know. G At 09:47 AM 9/1/2004, you wrote: Gordon, I am fairly new to the list so forgive me if I missed a previous discussion on the topic. I wanted to ask how many pts do you have? You said you had been closed for 2 yrs. Are you still doing all billing, scheduling, phone calls, etc yourself? Did you reach your income goals with your practice or are you still working part time in your office and part time at Idealized Health? Thanks for any info you can provide! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.