Guest guest Posted February 8, 2012 Report Share Posted February 8, 2012 I joined this group 8 years ago, and this is probably my first post in 6. Yet, reading through some of the recent messages, I still recognize a lot of the names. Like old friends. My story is a familiar one. When I joined, I had a small, solo practice in a high-need area. I was trying to live by many of the IMP principles, but I lost control. Ultimately, my practice grew, and grew, took on a partner, that didn't work out, on the brink of poverty, joined a large multi-specialty group and allowed my 1 Dr, 1 MA, and 1 receptionist practice grow to a 2 Dr, 2 NP, 2 RN, 2 MA, 1 receptionist, and 1 manager (and we still outsource billing). And it's out of control. We have a several week waiting list and are directing many patients to the ER during office hours. And I am having trouble finishing my notes in a timely manner, and my employers are screaming about red ink. So... It's time to jump. I cannot do this anymore. I actually just came to this conclusion on Monday. Lots of decisions yet to be even thought of! Direct pay or membership or traditional insurance? Keep billing in-house or outsource? Finding a location. The big questions are to come. But, for now, a couple of little nagging ones that have me wondering about the upcoming business plan... 1) We now have a full-time medical assistant who simply handles prior authorizations and pre-approvals. Maybe this is somehow unique to my location, but has this hassle effected the IMPs in a bad way? I watch her on hold for 20 minutes to get someone to approve the MRI I want to order. How does this work in a low-overhead, no-help practice? 2) If I were to go to a cash practice, and I am not listed as the PCP for all of the local HMO practices, and these patients need services like PT or radiology, would they be left responsible for these bills because I was the doctor that ordered them? I know now that my family practice often gets calls from patients that I have not seen for a particular problem needing our office to get pre-approval for something like PT that was ordered by a local ortho. (Drives me crazy!) Thanks for your help! Quote Link to comment Share on other sites More sharing options...
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