Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 Hi Pamela, You’re off to a great start and have most of the bases covered. I would offer the following suggestions: Q#1 – why are more docs not doing this? I would add that many docs are unaware of this model, fear of making the change and then failing financially, fear being overwhelmed with pt communications (ie call), not ready to assume many jobs (billing, ordering supplies, etc). Q#2 – is production model inherently bad? I would add that unfortunately the current insurance payment structure rewards this type of model. Q# - systemic issues – boutique? I would emphasize the ‘VIP w/o the fee’, insurance can be accepted if desired. Q# - implementation issues I would mention the necessary efficiency of a good EMR, accessibility with cell phone/eliminating answering service, integrated billing software Q# - admin issues I like your idea of a checkout sheet – could you post that to the listserve? I would suggest pooling info from this listserve to get more #s/examples here. Q# - financially sound? Again, I would pool data from the listserve to increase the ‘n’ of your info. Overhead – did you mean overhead > 62% instead of < 62% Q# - low overhead Might expand on this – scope of practice (equipment cost), malpractice discount for part time provider, small space, etc My 1 penny’s worth 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 November 23, 2006 Report Share Posted November 23, 2006 Thanks ! I have written all your ideas down. Clarifcation - more than 75% of FPs have overhead LESS than 62% which means than 25% have overhead of greater than 62%. I have lots more info that is covered in my talk (a 14 minute incredible slideshow - very right brained oriented visual/sensual with a few Finanacial slides that will blow their minds and appeal to the left brain) I will send my checkout sheet as another email. It has been an amazing asset and patients love it. Pamela > > Hi Pamela, > > > > You're off to a great start and have most of the bases covered. > > > > I would offer the following suggestions: > > > > Q#1 - why are more docs not doing this? > > I would add that many docs are unaware of this model, fear of making the > change and then failing financially, fear being overwhelmed with pt > communications (ie call), not ready to assume many jobs (billing, ordering > supplies, etc). > > > > Q#2 - is production model inherently bad? > > I would add that unfortunately the current insurance payment structure > rewards this type of model. > > > > Q# - systemic issues - boutique? > > I would emphasize the 'VIP w/o the fee', insurance can be accepted if > desired. > > > > Q# - implementation issues > > I would mention the necessary efficiency of a good EMR, accessibility with > cell phone/eliminating answering service, integrated billing software > > > > Q# - admin issues > > I like your idea of a checkout sheet - could you post that to the listserve? > > I would suggest pooling info from this listserve to get more #s/examples > here. > > > > Q# - financially sound? > > Again, I would pool data from the listserve to increase the 'n' of your > info. > > Overhead - did you mean overhead > 62% instead of < 62% > > > > Q# - low overhead > > Might expand on this - scope of practice (equipment cost), malpractice > discount for part time provider, small space, etc > > > > My 1 penny's worth > > > > > > > > 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...
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