Guest guest Posted February 28, 2006 Report Share Posted February 28, 2006 You say you are " only " seeing 25 patient's per day? I have not seen that many since I opened 2 years ago, and am still averaging probably about 12 patients per day. I'm not getting rich but I'm certain not doing too bad either. I generally have a low overhead practice, though not nearly to the extremes that some on this list do (my overhead sounds more similar to your practice). However, I came into town on a hospital income guarantee and that allowed me to have all of the " bells and whistles " such as a nice EMR, tables, etc. There is no way I would have started out in solo practice right out of residency any other way. It sounds to me like you really need to start limiting some of the payors you accept. Do you currently take Medicaid? If so, that would be the first place I would start. It is critical to work smarter and not necessarily harder and that usually translates into only taking patients you know you're going to get paid well for, and eliminating the bottom paying companies sooner rather than later. Also, I'm not a big believer in cash only practices, mainly just because I know that absolutely would not work in the community I practice in. I personally would not pay cash for my own health care and still pay for my own insurance, no matter how wonderful my doctor was. I am not sure where you are located but if it is any type of rural or semi-rural area I would be skeptical that cash only would work. Patients will just take the path of least resistance and go to the other practices in town that are still taking insurance unless the quality of care that you offer is so exponentially better as to justify them paying out-of-pocket. If I took all comers I'm sure I also would be seeing 25 to 40 patients per day, but I would simply be working harder and not necessarily making a lot more (at least not in a one-to-one ratio of effort to income). Finally, looking at other job offers in other locales may be a viable option after you rule out making it work where you are at. Practice Transformation Looking for advice from doctors on the list working alternative practices. You know how when you hold a piece of paper over a flame and it starts to turn brown just that instant before it bursts into flames? That's me right now. I am so close to burn-out. I have a solo practice with a 32-hr-a-week NP, an MA, and a receptionist. I have fairly low overhead, but I have it in part because I do all the office management work, e.g., ordering supplies, the books, payroll, etc. I practice in an area where there is a lot of demand. There are now only 4 doctors here providing care to a population that averages 20,000. The other three doctors have been here longer and all practice independently as well. (The hospital is recruiting, but it is hard to find a doctor to come into this environment.) I am only seeing 25 patients a day (and the NP averages 15), but I am only seeing that number by limiting access. I could probably see 40 a day if I opened the gates. Limiting access is a stressful thing and it means that I spend another 1.5 hours a day answering emails and phone messages. (And therefore providing less then adequate care.) I recognize now that I let it get out of hand. But I am not sure how to fix it. I cannot fire a third of my patients. Not at a time when two of the other three doctors are also no longer taking new patients. In the heat of my burnout, I can only see two solutions. One is to move. Pull up shop and start over elsewhere. That is the easy way out, that is for sure. And my stress has my family stressed enough to where they would probably pull for this option at this point. The other idea is to change to a cash-based practice. The good thing about this is I would lower my overhead even further. I could probably do away with 1 or 2 of my employees. I would likely slow way down. I could add extra services, evening or weekend hours, if necessary. I would opt out of Medicare too. This seems like a smart move, since the area is underserved enough that it might support it. But I struggle with it on several levels. I am afraid that I will generate just as much bad karma doing this as I would by " firing " half of my patients (or leaving town), because probably that many will still feel like they are now without a doctor. And I would think that my practice would turn into an urgent care clinic as people would not come in for wellness visits and only for sick visits when the other offices are full. Has anyone made the leap from too-busy practice to cash-based practice and have any comments? For that matter, has anyone in the group made the Gordon--Practice-Conversion from a full, too-busy practice? How do you slow things down once they're out of hand? Thanks for the advice! Greg Hinson Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 28, 2006 Report Share Posted February 28, 2006 You say you are " only " seeing 25 patient's per day? I have not seen that many since I opened 2 years ago, and am still averaging probably about 12 patients per day. I'm not getting rich but I'm certain not doing too bad either. I generally have a low overhead practice, though not nearly to the extremes that some on this list do (my overhead sounds more similar to your practice). However, I came into town on a hospital income guarantee and that allowed me to have all of the " bells and whistles " such as a nice EMR, tables, etc. There is no way I would have started out in solo practice right out of residency any other way. It sounds to me like you really need to start limiting some of the payors you accept. Do you currently take Medicaid? If so, that would be the first place I would start. It is critical to work smarter and not necessarily harder and that usually translates into only taking patients you know you're going to get paid well for, and eliminating the bottom paying companies sooner rather than later. Also, I'm not a big believer in cash only practices, mainly just because I know that absolutely would not work in the community I practice in. I personally would not pay cash for my own health care and still pay for my own insurance, no matter how wonderful my doctor was. I am not sure where you are located but if it is any type of rural or semi-rural area I would be skeptical that cash only would work. Patients will just take the path of least resistance and go to the other practices in town that are still taking insurance unless the quality of care that you offer is so exponentially better as to justify them paying out-of-pocket. If I took all comers I'm sure I also would be seeing 25 to 40 patients per day, but I would simply be working harder and not necessarily making a lot more (at least not in a one-to-one ratio of effort to income). Finally, looking at other job offers in other locales may be a viable option after you rule out making it work where you are at. Practice Transformation Looking for advice from doctors on the list working alternative practices. You know how when you hold a piece of paper over a flame and it starts to turn brown just that instant before it bursts into flames? That's me right now. I am so close to burn-out. I have a solo practice with a 32-hr-a-week NP, an MA, and a receptionist. I have fairly low overhead, but I have it in part because I do all the office management work, e.g., ordering supplies, the books, payroll, etc. I practice in an area where there is a lot of demand. There are now only 4 doctors here providing care to a population that averages 20,000. The other three doctors have been here longer and all practice independently as well. (The hospital is recruiting, but it is hard to find a doctor to come into this environment.) I am only seeing 25 patients a day (and the NP averages 15), but I am only seeing that number by limiting access. I could probably see 40 a day if I opened the gates. Limiting access is a stressful thing and it means that I spend another 1.5 hours a day answering emails and phone messages. (And therefore providing less then adequate care.) I recognize now that I let it get out of hand. But I am not sure how to fix it. I cannot fire a third of my patients. Not at a time when two of the other three doctors are also no longer taking new patients. In the heat of my burnout, I can only see two solutions. One is to move. Pull up shop and start over elsewhere. That is the easy way out, that is for sure. And my stress has my family stressed enough to where they would probably pull for this option at this point. The other idea is to change to a cash-based practice. The good thing about this is I would lower my overhead even further. I could probably do away with 1 or 2 of my employees. I would likely slow way down. I could add extra services, evening or weekend hours, if necessary. I would opt out of Medicare too. This seems like a smart move, since the area is underserved enough that it might support it. But I struggle with it on several levels. I am afraid that I will generate just as much bad karma doing this as I would by " firing " half of my patients (or leaving town), because probably that many will still feel like they are now without a doctor. And I would think that my practice would turn into an urgent care clinic as people would not come in for wellness visits and only for sick visits when the other offices are full. Has anyone made the leap from too-busy practice to cash-based practice and have any comments? For that matter, has anyone in the group made the Gordon--Practice-Conversion from a full, too-busy practice? How do you slow things down once they're out of hand? Thanks for the advice! Greg Hinson Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 28, 2006 Report Share Posted February 28, 2006 Greg, I feel for you, and I am concerned for you very much.I think the best thing from all this is that you recognize what is happening and that you are reaching out. You say in your posting that, " I am afraid that I will generate just as much bad karma doing this as I would by 'firing' half of my patients.... " How does the karma feel right now? And most imporantly, there's that word, " afraid, " a very intuitive and, in your situation, powerful force in how you have ended up in your current situation. I do not have specific, logistical, practical answers to your questions. I have opted out of Medicare and everything else, but I am just getting started; I am not that busy right now. In fact, I am experimenting with several dietary and nutritional approaches to help me counsel my patients and I am studying for the boards in holistic medicine. And I'm putting together a large two-day CME event in my area, etc., etc. I did a lot of soul-searching recently, and most was focused on my fears and assumptions of what medicine, my profession, my life, etc. are all about. Once I felt I understood where my balance is, that is, who I am ultimately, I was able to start answering those difficult questions. My first, intuitive, suggestions mentally to you were: practice Qi Gong/meditation/pray. Eat healthier. Exercise some. Take time off. The world will not collapse without you. You and your family need you, not the doctor you, or the whatever you, but you. Focus on this. I know it sounds unproductive, and perhaps you can make a few changes that can help your immediate situation, but eventually, you will need to divert all your attention inward and redefine who you are. Once you feel some comfort with this, then some, and eventually all, of the answers will be self-evident. And you won't be afraid anymore. Then you cannot make a wrong decision. Good luck; I will pray for you. And I look forward to the wisdom that I know your appeal will generate among our good colleagues. Charlie Vargas New Mountain Medicine lin, NC newmountainmedicine.familydoctors.net Date: Tue Feb 28 11:06:58 CST 2006 To: Subject: Practice Transformation Looking for advice from doctors on the list working alternative practices. You know how when you hold a piece of paper over a flame and it starts to turn brown just that instant before it bursts into flames? That's me right now. I am so close to burn-out. I have a solo practice with a 32-hr-a-week NP, an MA, and a receptionist. I have fairly low overhead, but I have it in part because I do all the office management work, e.g., ordering supplies, the books, payroll, etc. I practice in an area where there is a lot of demand. There are now only 4 doctors here providing care to a population that averages 20,000. The other three doctors have been here longer and all practice independently as well. (The hospital is recruiting, but it is hard to find a doctor to come into this environment.) I am only seeing 25 patients a day (and the NP averages 15), but I am only seeing that number by limiting access. I could probably see 40 a day if I opened the gates. Limiting access is a stressful thing and it means that I spend another 1.5 hours a day answering emails and phone messages. (And therefore providing less then adequate care.) I recognize now that I let it get out of hand. But I am not sure how to fix it. I cannot fire a third of my patients. Not at a time when two of the other three doctors are also no longer taking new patients. In the heat of my burnout, I can only see two solutions. One is to move. Pull up shop and start over elsewhere. That is the easy way out, that is for sure. And my stress has my family stressed enough to where they would probably pull for this option at this point. The other idea is to change to a cash-based practice. The good thing about this is I would lower my overhead even further. I could probably do away with 1 or 2 of my employees. I would likely slow way down. I could add extra services, evening or weekend hours, if necessary. I would opt out of Medicare too. This seems like a smart move, since the area is underserved enough that it might support it. But I struggle with it on several levels. I am afraid that I will generate just as much bad karma doing this as I would by " firing " half of my patients (or leaving town), because probably that many will still feel like they are now without a doctor. And I would think that my practice would turn into an urgent care clinic as people would not come in for wellness visits and only for sick visits when the other offices are full. Has anyone made the leap from too-busy practice to cash-based practice and have any comments? For that matter, has anyone in the group made the Gordon--Practice-Conversion from a full, too-busy practice? How do you slow things down once they're out of hand? Thanks for the advice! Greg Hinson Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 28, 2006 Report Share Posted February 28, 2006 Greg, I feel for you, and I am concerned for you very much.I think the best thing from all this is that you recognize what is happening and that you are reaching out. You say in your posting that, " I am afraid that I will generate just as much bad karma doing this as I would by 'firing' half of my patients.... " How does the karma feel right now? And most imporantly, there's that word, " afraid, " a very intuitive and, in your situation, powerful force in how you have ended up in your current situation. I do not have specific, logistical, practical answers to your questions. I have opted out of Medicare and everything else, but I am just getting started; I am not that busy right now. In fact, I am experimenting with several dietary and nutritional approaches to help me counsel my patients and I am studying for the boards in holistic medicine. And I'm putting together a large two-day CME event in my area, etc., etc. I did a lot of soul-searching recently, and most was focused on my fears and assumptions of what medicine, my profession, my life, etc. are all about. Once I felt I understood where my balance is, that is, who I am ultimately, I was able to start answering those difficult questions. My first, intuitive, suggestions mentally to you were: practice Qi Gong/meditation/pray. Eat healthier. Exercise some. Take time off. The world will not collapse without you. You and your family need you, not the doctor you, or the whatever you, but you. Focus on this. I know it sounds unproductive, and perhaps you can make a few changes that can help your immediate situation, but eventually, you will need to divert all your attention inward and redefine who you are. Once you feel some comfort with this, then some, and eventually all, of the answers will be self-evident. And you won't be afraid anymore. Then you cannot make a wrong decision. Good luck; I will pray for you. And I look forward to the wisdom that I know your appeal will generate among our good colleagues. Charlie Vargas New Mountain Medicine lin, NC newmountainmedicine.familydoctors.net Date: Tue Feb 28 11:06:58 CST 2006 To: Subject: Practice Transformation Looking for advice from doctors on the list working alternative practices. You know how when you hold a piece of paper over a flame and it starts to turn brown just that instant before it bursts into flames? That's me right now. I am so close to burn-out. I have a solo practice with a 32-hr-a-week NP, an MA, and a receptionist. I have fairly low overhead, but I have it in part because I do all the office management work, e.g., ordering supplies, the books, payroll, etc. I practice in an area where there is a lot of demand. There are now only 4 doctors here providing care to a population that averages 20,000. The other three doctors have been here longer and all practice independently as well. (The hospital is recruiting, but it is hard to find a doctor to come into this environment.) I am only seeing 25 patients a day (and the NP averages 15), but I am only seeing that number by limiting access. I could probably see 40 a day if I opened the gates. Limiting access is a stressful thing and it means that I spend another 1.5 hours a day answering emails and phone messages. (And therefore providing less then adequate care.) I recognize now that I let it get out of hand. But I am not sure how to fix it. I cannot fire a third of my patients. Not at a time when two of the other three doctors are also no longer taking new patients. In the heat of my burnout, I can only see two solutions. One is to move. Pull up shop and start over elsewhere. That is the easy way out, that is for sure. And my stress has my family stressed enough to where they would probably pull for this option at this point. The other idea is to change to a cash-based practice. The good thing about this is I would lower my overhead even further. I could probably do away with 1 or 2 of my employees. I would likely slow way down. I could add extra services, evening or weekend hours, if necessary. I would opt out of Medicare too. This seems like a smart move, since the area is underserved enough that it might support it. But I struggle with it on several levels. I am afraid that I will generate just as much bad karma doing this as I would by " firing " half of my patients (or leaving town), because probably that many will still feel like they are now without a doctor. And I would think that my practice would turn into an urgent care clinic as people would not come in for wellness visits and only for sick visits when the other offices are full. Has anyone made the leap from too-busy practice to cash-based practice and have any comments? For that matter, has anyone in the group made the Gordon--Practice-Conversion from a full, too-busy practice? How do you slow things down once they're out of hand? Thanks for the advice! Greg Hinson Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 28, 2006 Report Share Posted February 28, 2006 Greg,Sorry to hear about your situation. It sounds like a lot of your time is spent on non-patient care/admin stuff that is not reimbursed. I have 2 ideas:Â 1) delegate some or all of this to someone else, either by training your receptionist or MA to do more of this stuff or letting one of them go so you can hire someone who would be able to do the combined duties of an office manager.2) or you could start charging an administration fee/retainer fee that could be used to either pay for that office manager position, or to supplement your income so you don't have to see as many patients/day. It would also have the net effect of reducing your demand as patients would self-select which ones are willing to pay the extra fee. This way you don't have to fire any patients. This could also be a transition towards a completely cash-only practice. Best of luck! SetoSouth Pasadena, CA Looking for advice from doctors on the list working alternative practices. You know how when you hold a piece of paper over a flame and it starts to turn brown just that instant before it bursts into flames? That's me right now. I am so close to burn-out. I have a solo practice with a 32-hr-a-week NP, an MA, and a receptionist. I have fairly low overhead, but I have it in part because I do all the office management work, e.g., ordering supplies, the books, payroll, etc. I practice in an area where there is a lot of demand. There are now only 4 doctors here providing care to a population that averages 20,000. The other three doctors have been here longer and all practice independently as well. (The hospital is recruiting, but it is hard to find a doctor to come into this environment.) I am only seeing 25 patients a day (and the NP averages 15), but I am only seeing that number by limiting access. I could probably see 40 a day if I opened the gates. Limiting access is a stressful thing and it means that I spend another 1.5 hours a day answering emails and phone messages. (And therefore providing less then adequate care.) I recognize now that I let it get out of hand. But I am not sure how to fix it. I cannot fire a third of my patients. Not at a time when two of the other three doctors are also no longer taking new patients. In the heat of my burnout, I can only see two solutions. One is to move. Pull up shop and start over elsewhere. That is the easy way out, that is for sure. And my stress has my family stressed enough to where they would probably pull for this option at this point. The other idea is to change to a cash-based practice. The good thing about this is I would lower my overhead even further. I could probably do away with 1 or 2 of my employees. I would likely slow way down. I could add extra services, evening or weekend hours, if necessary. I would opt out of Medicare too. This seems like a smart move, since the area is underserved enough that it might support it. But I struggle with it on several levels. I am afraid that I will generate just as much bad karma doing this as I would by "firing" half of my patients (or leaving town), because probably that many will still feel like they are now without a doctor. And I would think that my practice would turn into an urgent care clinic as people would not come in for wellness visits and only for sick visits when the other offices are full. Has anyone made the leap from too-busy practice to cash-based practice and have any comments? For that matter, has anyone in the group made the Gordon--Practice-Conversion from a full, too-busy practice? How do you slow things down once they're out of hand? Thanks for the advice! Greg Hinson Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 28, 2006 Report Share Posted February 28, 2006 Greg,Sorry to hear about your situation. It sounds like a lot of your time is spent on non-patient care/admin stuff that is not reimbursed. I have 2 ideas:Â 1) delegate some or all of this to someone else, either by training your receptionist or MA to do more of this stuff or letting one of them go so you can hire someone who would be able to do the combined duties of an office manager.2) or you could start charging an administration fee/retainer fee that could be used to either pay for that office manager position, or to supplement your income so you don't have to see as many patients/day. It would also have the net effect of reducing your demand as patients would self-select which ones are willing to pay the extra fee. This way you don't have to fire any patients. This could also be a transition towards a completely cash-only practice. Best of luck! SetoSouth Pasadena, CA Looking for advice from doctors on the list working alternative practices. You know how when you hold a piece of paper over a flame and it starts to turn brown just that instant before it bursts into flames? That's me right now. I am so close to burn-out. I have a solo practice with a 32-hr-a-week NP, an MA, and a receptionist. I have fairly low overhead, but I have it in part because I do all the office management work, e.g., ordering supplies, the books, payroll, etc. I practice in an area where there is a lot of demand. There are now only 4 doctors here providing care to a population that averages 20,000. The other three doctors have been here longer and all practice independently as well. (The hospital is recruiting, but it is hard to find a doctor to come into this environment.) I am only seeing 25 patients a day (and the NP averages 15), but I am only seeing that number by limiting access. I could probably see 40 a day if I opened the gates. Limiting access is a stressful thing and it means that I spend another 1.5 hours a day answering emails and phone messages. (And therefore providing less then adequate care.) I recognize now that I let it get out of hand. But I am not sure how to fix it. I cannot fire a third of my patients. Not at a time when two of the other three doctors are also no longer taking new patients. In the heat of my burnout, I can only see two solutions. One is to move. Pull up shop and start over elsewhere. That is the easy way out, that is for sure. And my stress has my family stressed enough to where they would probably pull for this option at this point. The other idea is to change to a cash-based practice. The good thing about this is I would lower my overhead even further. I could probably do away with 1 or 2 of my employees. I would likely slow way down. I could add extra services, evening or weekend hours, if necessary. I would opt out of Medicare too. This seems like a smart move, since the area is underserved enough that it might support it. But I struggle with it on several levels. I am afraid that I will generate just as much bad karma doing this as I would by "firing" half of my patients (or leaving town), because probably that many will still feel like they are now without a doctor. And I would think that my practice would turn into an urgent care clinic as people would not come in for wellness visits and only for sick visits when the other offices are full. Has anyone made the leap from too-busy practice to cash-based practice and have any comments? For that matter, has anyone in the group made the Gordon--Practice-Conversion from a full, too-busy practice? How do you slow things down once they're out of hand? Thanks for the advice! Greg Hinson Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 28, 2006 Report Share Posted February 28, 2006 Greg, I feel your pain! I switched from a too busy, overstaffed " traditional " office to a minimalist (Gordon ) practice. I was seeing about 20-25 patients a day, staying late to keep up with documentation/e-mails/refill requets. The first thing you need to do is assess insurance reimbursement, and your own convictions. I identified my 3 lowest reimbursing insurance companies with the intent of eliminating them. They turned out to be , medicare, medicaid(straight medicaid, and a " comercially run " ), and a local private insurer. I didn't feel comfortable eliminating medicare. I did eliminate the comercial medicaid, and the local insurer. I explained to patients that I was sorry, but was unable to negotiate a suitable contract with these payors. The next thing I did was identify the patients that just weren't working out. You know the ones, you groan when you see their name on the schedule. They got 30 day letters. I am not completely solo, I have a part time person to help with billing and phones. Anyway, the point is, if your system isn't working for you, trust me, it's not working for the patients either. HTH. Boyce.---- Greg & Amy Hinson wrote: > Looking for advice from doctors on the list working alternative > practices. You know how when you hold a piece of paper over a flame > and it starts to turn brown just that instant before it bursts into > flames? That's me right now. I am so close to burn-out. > > I have a solo practice with a 32-hr-a-week NP, an MA, and a > receptionist. I have fairly low overhead, but I have it in part > because I do all the office management work, e.g., ordering supplies, > the books, payroll, etc. I practice in an area where there is a lot of > demand. There are now only 4 doctors here providing care to a > population that averages 20,000. The other three doctors have been > here longer and all practice independently as well. (The hospital is > recruiting, but it is hard to find a doctor to come into this > environment.) > > I am only seeing 25 patients a day (and the NP averages 15), but I am > only seeing that number by limiting access. I could probably see 40 a > day if I opened the gates. Limiting access is a stressful thing and it > means that I spend another 1.5 hours a day answering emails and phone > messages. (And therefore providing less then adequate care.) > > I recognize now that I let it get out of hand. But I am not sure how > to fix it. I cannot fire a third of my patients. Not at a time when > two of the other three doctors are also no longer taking new patients. > > In the heat of my burnout, I can only see two solutions. One is to > move. Pull up shop and start over elsewhere. That is the easy way out, > that is for sure. And my stress has my family stressed enough to where > they would probably pull for this option at this point. > > The other idea is to change to a cash-based practice. The good thing > about this is I would lower my overhead even further. I could probably > do away with 1 or 2 of my employees. I would likely slow way down. I > could add extra services, evening or weekend hours, if necessary. I > would opt out of Medicare too. > > This seems like a smart move, since the area is underserved enough > that it might support it. But I struggle with it on several levels. I > am afraid that I will generate just as much bad karma doing this as I > would by " firing " half of my patients (or leaving town), because > probably that many will still feel like they are now without a doctor. > And I would think that my practice would turn into an urgent care > clinic as people would not come in for wellness visits and only for > sick visits when the other offices are full. > > Has anyone made the leap from too-busy practice to cash-based practice > and have any comments? For that matter, has anyone in the group made > the Gordon--Practice-Conversion from a full, too-busy practice? > How do you slow things down once they're out of hand? > > Thanks for the advice! > > Greg Hinson > > > > > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 28, 2006 Report Share Posted February 28, 2006 Greg, I feel your pain! I switched from a too busy, overstaffed " traditional " office to a minimalist (Gordon ) practice. I was seeing about 20-25 patients a day, staying late to keep up with documentation/e-mails/refill requets. The first thing you need to do is assess insurance reimbursement, and your own convictions. I identified my 3 lowest reimbursing insurance companies with the intent of eliminating them. They turned out to be , medicare, medicaid(straight medicaid, and a " comercially run " ), and a local private insurer. I didn't feel comfortable eliminating medicare. I did eliminate the comercial medicaid, and the local insurer. I explained to patients that I was sorry, but was unable to negotiate a suitable contract with these payors. The next thing I did was identify the patients that just weren't working out. You know the ones, you groan when you see their name on the schedule. They got 30 day letters. I am not completely solo, I have a part time person to help with billing and phones. Anyway, the point is, if your system isn't working for you, trust me, it's not working for the patients either. HTH. Boyce.---- Greg & Amy Hinson wrote: > Looking for advice from doctors on the list working alternative > practices. You know how when you hold a piece of paper over a flame > and it starts to turn brown just that instant before it bursts into > flames? That's me right now. I am so close to burn-out. > > I have a solo practice with a 32-hr-a-week NP, an MA, and a > receptionist. I have fairly low overhead, but I have it in part > because I do all the office management work, e.g., ordering supplies, > the books, payroll, etc. I practice in an area where there is a lot of > demand. There are now only 4 doctors here providing care to a > population that averages 20,000. The other three doctors have been > here longer and all practice independently as well. (The hospital is > recruiting, but it is hard to find a doctor to come into this > environment.) > > I am only seeing 25 patients a day (and the NP averages 15), but I am > only seeing that number by limiting access. I could probably see 40 a > day if I opened the gates. Limiting access is a stressful thing and it > means that I spend another 1.5 hours a day answering emails and phone > messages. (And therefore providing less then adequate care.) > > I recognize now that I let it get out of hand. But I am not sure how > to fix it. I cannot fire a third of my patients. Not at a time when > two of the other three doctors are also no longer taking new patients. > > In the heat of my burnout, I can only see two solutions. One is to > move. Pull up shop and start over elsewhere. That is the easy way out, > that is for sure. And my stress has my family stressed enough to where > they would probably pull for this option at this point. > > The other idea is to change to a cash-based practice. The good thing > about this is I would lower my overhead even further. I could probably > do away with 1 or 2 of my employees. I would likely slow way down. I > could add extra services, evening or weekend hours, if necessary. I > would opt out of Medicare too. > > This seems like a smart move, since the area is underserved enough > that it might support it. But I struggle with it on several levels. I > am afraid that I will generate just as much bad karma doing this as I > would by " firing " half of my patients (or leaving town), because > probably that many will still feel like they are now without a doctor. > And I would think that my practice would turn into an urgent care > clinic as people would not come in for wellness visits and only for > sick visits when the other offices are full. > > Has anyone made the leap from too-busy practice to cash-based practice > and have any comments? For that matter, has anyone in the group made > the Gordon--Practice-Conversion from a full, too-busy practice? > How do you slow things down once they're out of hand? > > Thanks for the advice! > > Greg Hinson > > > > > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 28, 2006 Report Share Posted February 28, 2006 Greg, sounds pretty rough. One of the pillars of practice is broken and you're in burnout mode. Somehow you've got to achieve balance between work and the rest of your life. The ideal is that the practice is joyful and within reasonable bounds. I hope that you can create a practice capable of delivering superb care in a way that is exciting and sustainable for you. Something has to give, but what gives? One of the issues we face as clinicians is the desire to serve. Sometimes our recognition of need and desire to serve puts us in the terrible spot of serving more that we can sustain (Greg) or we have to serve only some of those with need. There are several possibilities: Shrink your current practice This can be accomplished by dropping some insurance carriers and those patients, by charging cash only and dropping all insurance, or by dropping some segment of your current practice while still accepting all insurance carriers. Grown your current practice You could try to hire another NP or a PA You could add other staff to create a high flow practice capable of delivering great care You've already mentioned how difficult it is to hire MDs to your locale. None of these ideas comes without pain. Moving and starting fresh comes with pain as well, and continuing on the same path appears unsustainable. So what can you do? One idea is to go to your community with the problem. " Folks, I'm in burnout mode. Here are several options, none really palatable, and darned if I know which is the right one. I know for certain that I can't continue as I am. " The ultimate problem is not one that can be solved by you alone. The community needs more than you can give. I suspect that they would eventually see that some of you is better than none and would look for ways to help, even if it meant sharing the pain. I think it is time that we start discussing really different financing models for primary care, as the current models are not working. More on this in a separate email. Gordon At 12:45 PM 2/28/2006, you wrote: You say you are " only " seeing 25 patient's per day? I have not seen that many since I opened 2 years ago, and am still averaging probably about 12 patients per day. I'm not getting rich but I'm certain not doing too bad either. I generally have a low overhead practice, though not nearly to the extremes that some on this list do (my overhead sounds more similar to your practice). However, I came into town on a hospital income guarantee and that allowed me to have all of the " bells and whistles " such as a nice EMR, tables, etc. There is no way I would have started out in solo practice right out of residency any other way. It sounds to me like you really need to start limiting some of the payors you accept. Do you currently take Medicaid? If so, that would be the first place I would start. It is critical to work smarter and not necessarily harder and that usually translates into only taking patients you know you're going to get paid well for, and eliminating the bottom paying companies sooner rather than later. Also, I'm not a big believer in cash only practices, mainly just because I know that absolutely would not work in the community I practice in. I personally would not pay cash for my own health care and still pay for my own insurance, no matter how wonderful my doctor was. I am not sure where you are located but if it is any type of rural or semi-rural area I would be skeptical that cash only would work. Patients will just take the path of least resistance and go to the other practices in town that are still taking insurance unless the quality of care that you offer is so exponentially better as to justify them paying out-of-pocket. If I took all comers I'm sure I also would be seeing 25 to 40 patients per day, but I would simply be working harder and not necessarily making a lot more (at least not in a one-to-one ratio of effort to income). Finally, looking at other job offers in other locales may be a viable option after you rule out making it work where you are at. Practice Transformation Looking for advice from doctors on the list working alternative practices. You know how when you hold a piece of paper over a flame and it starts to turn brown just that instant before it bursts into flames? That's me right now. I am so close to burn-out. I have a solo practice with a 32-hr-a-week NP, an MA, and a receptionist. I have fairly low overhead, but I have it in part because I do all the office management work, e.g., ordering supplies, the books, payroll, etc. I practice in an area where there is a lot of demand. There are now only 4 doctors here providing care to a population that averages 20,000. The other three doctors have been here longer and all practice independently as well. (The hospital is recruiting, but it is hard to find a doctor to come into this environment.) I am only seeing 25 patients a day (and the NP averages 15), but I am only seeing that number by limiting access. I could probably see 40 a day if I opened the gates. Limiting access is a stressful thing and it means that I spend another 1.5 hours a day answering emails and phone messages. (And therefore providing less then adequate care.) I recognize now that I let it get out of hand. But I am not sure how to fix it. I cannot fire a third of my patients. Not at a time when two of the other three doctors are also no longer taking new patients. In the heat of my burnout, I can only see two solutions. One is to move. Pull up shop and start over elsewhere. That is the easy way out, that is for sure. And my stress has my family stressed enough to where they would probably pull for this option at this point. The other idea is to change to a cash-based practice. The good thing about this is I would lower my overhead even further. I could probably do away with 1 or 2 of my employees. I would likely slow way down. I could add extra services, evening or weekend hours, if necessary. I would opt out of Medicare too. This seems like a smart move, since the area is underserved enough that it might support it. But I struggle with it on several levels. I am afraid that I will generate just as much bad karma doing this as I would by " firing " half of my patients (or leaving town), because probably that many will still feel like they are now without a doctor. And I would think that my practice would turn into an urgent care clinic as people would not come in for wellness visits and only for sick visits when the other offices are full. Has anyone made the leap from too-busy practice to cash-based practice and have any comments? For that matter, has anyone in the group made the Gordon--Practice-Conversion from a full, too-busy practice? How do you slow things down once they're out of hand? Thanks for the advice! Greg Hinson Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 28, 2006 Report Share Posted February 28, 2006 Greg, sounds pretty rough. One of the pillars of practice is broken and you're in burnout mode. Somehow you've got to achieve balance between work and the rest of your life. The ideal is that the practice is joyful and within reasonable bounds. I hope that you can create a practice capable of delivering superb care in a way that is exciting and sustainable for you. Something has to give, but what gives? One of the issues we face as clinicians is the desire to serve. Sometimes our recognition of need and desire to serve puts us in the terrible spot of serving more that we can sustain (Greg) or we have to serve only some of those with need. There are several possibilities: Shrink your current practice This can be accomplished by dropping some insurance carriers and those patients, by charging cash only and dropping all insurance, or by dropping some segment of your current practice while still accepting all insurance carriers. Grown your current practice You could try to hire another NP or a PA You could add other staff to create a high flow practice capable of delivering great care You've already mentioned how difficult it is to hire MDs to your locale. None of these ideas comes without pain. Moving and starting fresh comes with pain as well, and continuing on the same path appears unsustainable. So what can you do? One idea is to go to your community with the problem. " Folks, I'm in burnout mode. Here are several options, none really palatable, and darned if I know which is the right one. I know for certain that I can't continue as I am. " The ultimate problem is not one that can be solved by you alone. The community needs more than you can give. I suspect that they would eventually see that some of you is better than none and would look for ways to help, even if it meant sharing the pain. I think it is time that we start discussing really different financing models for primary care, as the current models are not working. More on this in a separate email. Gordon At 12:45 PM 2/28/2006, you wrote: You say you are " only " seeing 25 patient's per day? I have not seen that many since I opened 2 years ago, and am still averaging probably about 12 patients per day. I'm not getting rich but I'm certain not doing too bad either. I generally have a low overhead practice, though not nearly to the extremes that some on this list do (my overhead sounds more similar to your practice). However, I came into town on a hospital income guarantee and that allowed me to have all of the " bells and whistles " such as a nice EMR, tables, etc. There is no way I would have started out in solo practice right out of residency any other way. It sounds to me like you really need to start limiting some of the payors you accept. Do you currently take Medicaid? If so, that would be the first place I would start. It is critical to work smarter and not necessarily harder and that usually translates into only taking patients you know you're going to get paid well for, and eliminating the bottom paying companies sooner rather than later. Also, I'm not a big believer in cash only practices, mainly just because I know that absolutely would not work in the community I practice in. I personally would not pay cash for my own health care and still pay for my own insurance, no matter how wonderful my doctor was. I am not sure where you are located but if it is any type of rural or semi-rural area I would be skeptical that cash only would work. Patients will just take the path of least resistance and go to the other practices in town that are still taking insurance unless the quality of care that you offer is so exponentially better as to justify them paying out-of-pocket. If I took all comers I'm sure I also would be seeing 25 to 40 patients per day, but I would simply be working harder and not necessarily making a lot more (at least not in a one-to-one ratio of effort to income). Finally, looking at other job offers in other locales may be a viable option after you rule out making it work where you are at. Practice Transformation Looking for advice from doctors on the list working alternative practices. You know how when you hold a piece of paper over a flame and it starts to turn brown just that instant before it bursts into flames? That's me right now. I am so close to burn-out. I have a solo practice with a 32-hr-a-week NP, an MA, and a receptionist. I have fairly low overhead, but I have it in part because I do all the office management work, e.g., ordering supplies, the books, payroll, etc. I practice in an area where there is a lot of demand. There are now only 4 doctors here providing care to a population that averages 20,000. The other three doctors have been here longer and all practice independently as well. (The hospital is recruiting, but it is hard to find a doctor to come into this environment.) I am only seeing 25 patients a day (and the NP averages 15), but I am only seeing that number by limiting access. I could probably see 40 a day if I opened the gates. Limiting access is a stressful thing and it means that I spend another 1.5 hours a day answering emails and phone messages. (And therefore providing less then adequate care.) I recognize now that I let it get out of hand. But I am not sure how to fix it. I cannot fire a third of my patients. Not at a time when two of the other three doctors are also no longer taking new patients. In the heat of my burnout, I can only see two solutions. One is to move. Pull up shop and start over elsewhere. That is the easy way out, that is for sure. And my stress has my family stressed enough to where they would probably pull for this option at this point. The other idea is to change to a cash-based practice. The good thing about this is I would lower my overhead even further. I could probably do away with 1 or 2 of my employees. I would likely slow way down. I could add extra services, evening or weekend hours, if necessary. I would opt out of Medicare too. This seems like a smart move, since the area is underserved enough that it might support it. But I struggle with it on several levels. I am afraid that I will generate just as much bad karma doing this as I would by " firing " half of my patients (or leaving town), because probably that many will still feel like they are now without a doctor. And I would think that my practice would turn into an urgent care clinic as people would not come in for wellness visits and only for sick visits when the other offices are full. Has anyone made the leap from too-busy practice to cash-based practice and have any comments? For that matter, has anyone in the group made the Gordon--Practice-Conversion from a full, too-busy practice? How do you slow things down once they're out of hand? Thanks for the advice! Greg Hinson Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 1, 2006 Report Share Posted March 1, 2006 Dear Greg and colleagues, As Gordon so adeptly outlined, your choices are to shrink it or adjust your business model. Due to good service and growth the practice is admittedly overheated and what you have created is a moderate volume, low overhead, understaffed traditional FP practice. I would have to poll the group, but I'm pretty sure you won't go to FP solo practice hell for it. You will be more than welcome in this forum if you don't practice out of one room in an Neuro-optho-dermatologist's closet. If you can't bring yourself to shrink your practice to cash only micropractice level my thoughts are to do some strategic hiring. A slippery slope, but preferable to a narrow ledge. It will add variable costs, but if done right you will gain efficiency and enhance profitability. Being understaffed at your volume of services is a value trap. I've been there. Pay to get good people to help you achieve your health vision for your community. They should be among the best in town or forget it. Partner with standout performers that can give good service and think on their feet, but don't try to over-manage average performers in hopes of creating ideal employees. Won't happen. Be careful with hiring and let sub par performers go as sooner rather than later. Build an audit trail of performance concerns, warnings and efforts at remediation for anyone who is marginally effective, but not really working out before letting them go.(A hard lesson I learned at my expense.) It is my observation that you are understaffed in the back office. I know this because I have been understaffed in the back office. Hire an accountant to do your payroll processing and taxes. You need a book keeper to do the bill paying, medical billing and collecting functions. Not just a bookkeeper, but someone who knows exactly what they're doing with medical billing. Often these hidden gems are working for someone else, but haven't had their salary compensated at fair market value for awhile or their current work environment is toxic for some reason. If you are outsourcing billing, you are likely paying too much. If you add a partner seeing 20 patients per day and taking insurance, you will need two billers, not 1. You may need an additional staff person in clinical role of MA or LPN to assist patients. For a long time I had an efficient LPN in the clinical role. Between my NP and I, we saw 35-40 patients per day. I think overly relying on her led to her burnout and slowed the growth of my business over time. When she quit, my NP and I saw 600 patients per month for 4 months ultralight style + hospital + nursing home care for 30 + OB. My overhead went down a little, but my practice didn't grow much and wasn't much fun. When we found qualified replacements we hired two. Our business grew 25% in one year after that against essentially the same fixed costs. Then I found a partner. Then this year we are adding another partner -In a rural area, in a malpractice crisis state (IL). My practice overhead is 40-42% of collections entering my 9th year of practice. I see about 20-25 patients per day with my EMR and do hospital work, some NH and 50-60 deliveries per year. I have an NP, a nurse midwife and an FP partner that share my vision of country doctoring. We share 2 front desk people, 2 LPNs and 2 biller/book keepers at my main office. A ratio of 1.5 FTE support staff: provider. My best to all, Ben Brewer MD Forrest, IL __________________________________________________ Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 1, 2006 Report Share Posted March 1, 2006 Dear Greg and colleagues, As Gordon so adeptly outlined, your choices are to shrink it or adjust your business model. Due to good service and growth the practice is admittedly overheated and what you have created is a moderate volume, low overhead, understaffed traditional FP practice. I would have to poll the group, but I'm pretty sure you won't go to FP solo practice hell for it. You will be more than welcome in this forum if you don't practice out of one room in an Neuro-optho-dermatologist's closet. If you can't bring yourself to shrink your practice to cash only micropractice level my thoughts are to do some strategic hiring. A slippery slope, but preferable to a narrow ledge. It will add variable costs, but if done right you will gain efficiency and enhance profitability. Being understaffed at your volume of services is a value trap. I've been there. Pay to get good people to help you achieve your health vision for your community. They should be among the best in town or forget it. Partner with standout performers that can give good service and think on their feet, but don't try to over-manage average performers in hopes of creating ideal employees. Won't happen. Be careful with hiring and let sub par performers go as sooner rather than later. Build an audit trail of performance concerns, warnings and efforts at remediation for anyone who is marginally effective, but not really working out before letting them go.(A hard lesson I learned at my expense.) It is my observation that you are understaffed in the back office. I know this because I have been understaffed in the back office. Hire an accountant to do your payroll processing and taxes. You need a book keeper to do the bill paying, medical billing and collecting functions. Not just a bookkeeper, but someone who knows exactly what they're doing with medical billing. Often these hidden gems are working for someone else, but haven't had their salary compensated at fair market value for awhile or their current work environment is toxic for some reason. If you are outsourcing billing, you are likely paying too much. If you add a partner seeing 20 patients per day and taking insurance, you will need two billers, not 1. You may need an additional staff person in clinical role of MA or LPN to assist patients. For a long time I had an efficient LPN in the clinical role. Between my NP and I, we saw 35-40 patients per day. I think overly relying on her led to her burnout and slowed the growth of my business over time. When she quit, my NP and I saw 600 patients per month for 4 months ultralight style + hospital + nursing home care for 30 + OB. My overhead went down a little, but my practice didn't grow much and wasn't much fun. When we found qualified replacements we hired two. Our business grew 25% in one year after that against essentially the same fixed costs. Then I found a partner. Then this year we are adding another partner -In a rural area, in a malpractice crisis state (IL). My practice overhead is 40-42% of collections entering my 9th year of practice. I see about 20-25 patients per day with my EMR and do hospital work, some NH and 50-60 deliveries per year. I have an NP, a nurse midwife and an FP partner that share my vision of country doctoring. We share 2 front desk people, 2 LPNs and 2 biller/book keepers at my main office. A ratio of 1.5 FTE support staff: provider. My best to all, Ben Brewer MD Forrest, IL __________________________________________________ Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 1, 2006 Report Share Posted March 1, 2006 Hi Everyone, I wanted to share with you a story about a phone call I got recently. A lady called for a new appointment for family medicine (I have to ask now, since some call for acupuncture). She said she read about me in a newspaper article and decided to she wanted to switch to me. I asked her if she looked at my website (newmountainmedicine.familydoctors.net), and her answer was, " Yes--that is why I am calling you to make an appointment. " So I asked if she had a current PCP. She said she sees a P.A. in a nearby town, but she is so busy, she has a hard time getting in to see her. I was surprised to hear about a P.A. who is so popular. " Why is she so busy? " I asked. " Because she listens, " the woman replied. Wow. That's how I am being perceived, and that is cool. And encouraging. She will be my fourth family practice patient. That is 400% over my threshhold for success! I think it helps me to have severl income sources, even though each one is not enought support me alone. I serve as medical director of our local hospice at $75 per hour, and I put in about 10+ hours per week. I also write a weekly health column in the paper. And I have my medical acupuncture practice that pays most of my bills. So my family practice is my newest addition, and even though it warrants my full attention when I do it because I want to offer high quality care, it is only one of the many things I like to do. And I resolved to myself, after I discovered, again, that I am, ultimately an artist, and not a doctor, that I will do family practice again only if I can design a practice environment that appeals to me and allows me to practice the way I feel is right for my patients. I also know that I am excited about my upcoming bass guitar lessons, sculpture classes, Qi Gong classes, and my future career in documentary film making. I also have a few books to write. My point is: there is a lot more to me than doctoring. Or, doctoring, to me, is not just about clinical work. The meaning of the word doctor is teaching, after all; I am just expanding my role as I discover new ways to do it. My life feels like an opportunity to realize myself, instead of a race to finish first in some weird daily competition. And the most important roles I have found are that of child of God, husband and father, in that order. I dream of opening a learning center where people can experience various methods of self-awareness and expression. I call it The Little Drummer Boy Institute. It feels really, really good when I think and dream about it. It is probably a long way off, but that's OK. My roles of physician, father, artist, etc. have more time, then, to prepare for this more important work. And my goal is not to have it up and running; my goal is to work toward fulfilling who I am, which also means realizing my relationship with God, so that someday I might experience the role at the Institute. This puts being a physician in a context that earlier in my career would be very foreign. But because of this, whether my practice succeeds financially or not does not scare me anymore, at least not like it used to. It took me few years to do it, but now I have multiple routes of expression and multiple avenues of income. Charlie Vargas lin, NC Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 1, 2006 Report Share Posted March 1, 2006 Hi Everyone, I wanted to share with you a story about a phone call I got recently. A lady called for a new appointment for family medicine (I have to ask now, since some call for acupuncture). She said she read about me in a newspaper article and decided to she wanted to switch to me. I asked her if she looked at my website (newmountainmedicine.familydoctors.net), and her answer was, " Yes--that is why I am calling you to make an appointment. " So I asked if she had a current PCP. She said she sees a P.A. in a nearby town, but she is so busy, she has a hard time getting in to see her. I was surprised to hear about a P.A. who is so popular. " Why is she so busy? " I asked. " Because she listens, " the woman replied. Wow. That's how I am being perceived, and that is cool. And encouraging. She will be my fourth family practice patient. That is 400% over my threshhold for success! I think it helps me to have severl income sources, even though each one is not enought support me alone. I serve as medical director of our local hospice at $75 per hour, and I put in about 10+ hours per week. I also write a weekly health column in the paper. And I have my medical acupuncture practice that pays most of my bills. So my family practice is my newest addition, and even though it warrants my full attention when I do it because I want to offer high quality care, it is only one of the many things I like to do. And I resolved to myself, after I discovered, again, that I am, ultimately an artist, and not a doctor, that I will do family practice again only if I can design a practice environment that appeals to me and allows me to practice the way I feel is right for my patients. I also know that I am excited about my upcoming bass guitar lessons, sculpture classes, Qi Gong classes, and my future career in documentary film making. I also have a few books to write. My point is: there is a lot more to me than doctoring. Or, doctoring, to me, is not just about clinical work. The meaning of the word doctor is teaching, after all; I am just expanding my role as I discover new ways to do it. My life feels like an opportunity to realize myself, instead of a race to finish first in some weird daily competition. And the most important roles I have found are that of child of God, husband and father, in that order. I dream of opening a learning center where people can experience various methods of self-awareness and expression. I call it The Little Drummer Boy Institute. It feels really, really good when I think and dream about it. It is probably a long way off, but that's OK. My roles of physician, father, artist, etc. have more time, then, to prepare for this more important work. And my goal is not to have it up and running; my goal is to work toward fulfilling who I am, which also means realizing my relationship with God, so that someday I might experience the role at the Institute. This puts being a physician in a context that earlier in my career would be very foreign. But because of this, whether my practice succeeds financially or not does not scare me anymore, at least not like it used to. It took me few years to do it, but now I have multiple routes of expression and multiple avenues of income. Charlie Vargas lin, NC Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 5, 2006 Report Share Posted March 5, 2006 Greg, To be brief as so much good advice has already been given, my 2 cents worth is to cut back your practice: 1. drop Medicare (can still see Medicare pts, have them sign a waiver, charge them what you want - I charge them very little). This will decrease some of your 2. if you are contracted with several insurances, drop the lowest paying 25% of them. This will decrease your number of patients, and increase your average reimbursement/visit. 3. charge patients for your email and phone care. This is often in lieu of an office visit, involves a cognitive component, and should be reimbursed. Good luck in your decision making! I'm pulling for you! A. Eads, M.D. Pinnacle Family Medicine, PLLC phone fax P.O. Box 7275 Woodland Park, CO 80863 Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 6, 2006 Report Share Posted March 6, 2006 I can't believe you are actually able to convince any Medicare patients to pay you out of pocket. A local doc here has apparently started trying to that; I know this because most of his Medicare patients are leaving & asking to transfer here. I know if I was 65 years old with Medicare I sure would not pay out of pocket when I had worked all of those tears putting $$$ into Medicare. If I dropped Medicare I would be out of business, period. RE: Practice Transformation Greg, To be brief as so much good advice has already been given, my 2 cents worth is to cut back your practice: 1. drop Medicare (can still see Medicare pts, have them sign a waiver, charge them what you want - I charge them very little). This will decrease some of your 2. if you are contracted with several insurances, drop the lowest paying 25% of them. This will decrease your number of patients, and increase your average reimbursement/visit. 3. charge patients for your email and phone care. This is often in lieu of an office visit, involves a cognitive component, and should be reimbursed. Good luck in your decision making! I'm pulling for you! A. Eads, M.D. Pinnacle Family Medicine, PLLC phone fax P.O. Box 7275 Woodland Park, CO 80863 Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 6, 2006 Report Share Posted March 6, 2006 Thanks everyone for the advice and encouragement. Really some good advice out there and I knew I could count on this group for help. A few comments. It doesn't sound like there is a lot of enthusiasm out there for the idea of changing to a cash-based practice (in spite of this month's FPM journal). And, the more I think about it, I really think that it would create much more anger in my current patient population then actual inconvenience or hardship, enough that I am beginning to see that this is not the best option. I really like the idea of having a cash practice that charges a nominal yearly membership (e.g., maybe $200/yr) and in return for this giving away a yearly wellness visit (to discourage patients from thinking of the practice as a use-only-when-you-need-it urgent care clinic). But, I would upset too many people with the change. Slowing down, in any other way, is going to be tough. I do not have a bad plan to drop, with the exception of Medicare and Medicaid. Opting out of Medicare seems so drastic and I need to learn more about what happens during the following two years if you change your mind. And my Medicaid is primarily obstetrics and well child care. Both make up maybe 30% of my practice. Most of the rest is fee for service BCBS. I am only contracted with two payors, and they both pay fairly well. The problem is demand. The only way I can get by with only seeing 25-30 people/day (and another 15 for my NP) is by spending another 1-2 hours a day answering phone messages and email messages (and providing shoddy care in doing it). Not that the patients are demanding this free service; they'd all be willing to come in if given a slot. So it seems like the only answer is going to be to ramp up the practice. The local hospital is recruiting and has someone in mind they'd like to join me. We could hire a manager. Bring the billing in-house. Hire a nurse or two. But my instincts are telling me that this will all just fuel the fire. It feels like I should be getting smaller, not bigger. Although I love where I live, and want to stay, I love the idea of starting over and doing it right from the beginning. Maybe finding the right area that would support a cash practice, or even a cash housecall practice. And, as long as I am dreaming, use our savings as a safety net while the practice grows by word of mouth alone, by providing the absolute best possible care! Anyway, thanks for the advice, I'll keep you all updated as I explore the option of hiring another physician and trying to tame this beast. Quote Link to comment Share on other sites More sharing options...
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