fbpx

Keeping a Practice Afloat isn’t About Being Busy

Keeping a Practice Afloat isn’t About Being Busy

Daniel Paull M.D. insists that "Are you busy"? is the wrong question to ask a physician in practice.

It common for physicians to ask each other, “Have you been busy?”

It’s hard to say for how many generations this question has been asked but the meaning is still the same. They are wanting to see if their physician colleague is seeing enough patients to keep their practice afloat.

Way back when, seeing a lot of patients would mean that your practice was doing well

The irony today is that you could be busy as all get out, and still have a failing medical practice.

Why?

It’s because of the ridiculous overhead that is now required to run a practice that takes insurances.

 

The irony today is that you could be busy as all get out, and still have a failing medical practice. Why? It's because of the ridiculous overhead that is now required to run a practice that takes insurances. Click To Tweet

 

EMR, many staff related to billing, office space for the billing staff, denials RCM…

The above is a recipe for failure.

Over time, reimbursements will only go down, and overhead will only go up.

This will exceed the capacity for a physician to make it up in volume.

Instead of asking if a physician is busy, the better question may be, “Are you keeping your overhead down and your autonomy up?”

Do you have a compelling personal story you’d like to see published on SoMeDocs? Find out what we’re looking for here and submit your writing, or send us a pitch.

Share

Earn CME

This learning experience is powered by CMEfy - a platform that brings relevant CMEs to busy clinicians, at the right place and right time. Using short learning nudges, clinicians can reflect and unlock AMA PRA Category 1 Credit.

Leave a Reply

Your email address will not be published. Required fields are marked *

Sherita D. Gaskins-Tillett, MD

11/02: A Weekend For Me

A Weekend For Me is a time-out for professional women to rest, reconnect with themselves, define their priorities and vision a life that they love.

Affiliate ad

Earn CME

This learning experience is powered by CMEfy - a platform that brings relevant CMEs to busy clinicians, at the right place and right time. Using short learning nudges, clinicians can reflect and unlock AMA PRA Category 1 Credit.

Tweet Me

More from SoMeDocs

Subscribe To Our Newsletter

Get updates and learn from the best

The True Art of Medicine

The Crafting Doctors

Doctors do some incredible work outside of the exam room. Some even craft! Take a peek at some of our highlighted doctors, here, in this series.

David Norris, MD, MBA

Negotiate as a Physician and Win

Catch this 8-part series, hosted by physician & business consultant David Norris, MD, MBA & produced by Dana Corriel, MD. Learn to be a stronger negotiator with these important tactics.

My “Go To” Spices for Indian Food: Beginner’s Guide

The Doctor’s Food

In honor of our upcoming virtual Lifestyle Medicine conference, we thought it would be fun to share some of what doctors eat (and prepare!), released regularly. Bottoms’ up!

Want More?

Be a part of the healthcare revolution.
Don't miss a thing SoMeDocs publishes!

Disclaimer: SoMeDocs assumes no responsibility for the accuracy, claims, or content of the individual experts' profiles, contributions and courses. Details within posts cannot be verified. This site does not represent medical advice and you should always consult with your private physician before taking on anything you read online. See SoMeDocs' Terms of Use for more information.

follow us

© 2023 SoMeDocs. All Rights Reserved.

Support A Platform that Celebrates Real Doctors

For just $10 a month, you can help keep this openly accessible site available to all & help us sponsor in more doctors.

Interested in the must-read, unique content from our magazine?

I acknowledge that this site is not to be used for medical advice.

Play Video
Our Founder Answers Your BURNING Question

SoMeDocs

“Why should I become a member of SoMeDocs if I already have my own space online?”

What We Bring to the Practice of Medicine

We feature books!

And they’re written by experts!

Site SoMeDocs Logo, square

WANT TO STAY IN THE LOOP?

DON'T MISS A SINGLE CONTENT PIECE.