If you are sick of hospital systems and insurance companies controlling your life, then you are certainly not alone.
How can you get out of the trap?
Going full cash based practice immediately works for some, but it is a big step, that not everybody is ready to take.
The question is are there baby steps you can take, to walk your practice away from the conglomerates?
Doctors today are doing SO MANY things on the side. Join an exclusive Facebook community for doctors only (accepting medical docs, dentists, podiatrists) to discuss everything from publishing, to real estate, to other ways to keep other ways we stay busy (& happy).
Yes there are.
To do this, you can gradually add cash bases, while removing insurances that you interact with.
It is worth looking at all of the insurances that you take, and determining which one pays the least and at the same time requires the most effort to get paid.
The effort is time and frustration / manpower to get paid and to get basic things ordered.
This would be the first insurance plan to jettison.
Land Your 1st (or 100th!) Medical Expert Witness Gig in the $2-5K+ range. Get more details and sign up for this program, below.
The next step would be to add cash bases, something that insurances probably wont pay for.
These types of things are: regenerative medicine, aesthetics, medicolegal work etc. You need to find which flavor fits you.
As you build up your cash bases you can jettison more insurance plans.
In time, you can downsize your office (no need for all that space and billers/coders).
This will help you find the path to freedom.