Jump to content
RemedySpot.com

Re: HELP FORK IN THE ROAD

Rate this topic


Guest guest

Recommended Posts

Guest guest

e_MD's. Has everything built in.

From: [ ] On Behalf Of Ben Brewer [brewermd98@...]

Sent: Monday, May 21, 2012 12:32 PM

To:

Subject: Re: HELP FORK IN THE ROAD

What EMR and tech tools are you using Jim?

Thanks,

Ben

To: " " < >

Sent: Monday, May 21, 2012 1:23 PM

Subject: RE: HELP FORK IN THE ROAD

Our computer generates referrals directly from a note, and we can do the billing from the computer in about 5 minutes a day. Takes about 2 hours a month for AR handling. Would take me longer to have someone. Most prior auths (for radiology) are done by

the radiology firms. Meds are infrequent, since I use mostly generics and can be done quickly on the web. Never leave after 6.

From: [ ] On Behalf Of dharwood100@... [dharwood100@...]

Sent: Friday, May 18, 2012 7:12 PM

To:

Subject: Re: HELP FORK IN THE ROAD

Honestly I do not know how you guys with no staff are doing this. Today I saw 5 patients and generated 3 referrals and 2 preauths. I still have. 4 other referrals with preauths from earlier in the week.

This alone will take me several hours.

Connected by DROID on Verizon Wireless

HELP FORK IN THE ROAD

>

>

>

>

>

> Dear IMPS,

>

>

>

> I need your input and wisdom for help in making a tough change in

practice.

>

>

>

> and I have been sharing our practice for 8 years in a small 5

> room office with three bathrooms total 660 sq-ft. Plus community

> hallway linking the rooms in the south hallway of our community

> hospital. For this we pay rent $884 per month or $10,000 per year

> including heat, cooling, electricity, water, cleaning, sharps, and

> hazardous waste removal. They maintain the parking lot, grounds, snow

> removal.

>

>

>

> This hospital will be building 16 new beds starting 8/2012 to be

> complete by 9/2013. At that time they will likely tear down the

> existing space we rent. We will have to change office locations.

>

>

>

> Most of the other physicians in town work for a nearby hospital

> competitor and a few have signed up with the in town hospital

sponsored

> group. Our patient population is falling for lack of visibility and

> group association.

>

>

>

> The ER group is offering hospitalist shifts at our hospital for $75

per

> hour with in house responsibility 7AM- & PM and call coverage 7PM to

> 7AM. They are offering no benefits. They would like me to resign

from

> my own clinic to not scare away hospital business from the other major

> groups in town.

>

>

>

> The medical office building in town is leasing space at $26 per sq-ft

> increasing 3%per year. Minimum 1500 sq-ft. or $39,000 per year

> increasing over 10 years to $51,000 per year 10 years out.

>

>

>

> Options: 1. Wait and see.

>

> 2. Scour the area for cheap office space to re-establish as

> solo IMP and I become hospitalist. Employ staff to keep from

> going crazy full time with newborn at home.

>

> 3. We close our IMP and we both become hospitalists.

>

> 4. Go all in in this small community and buy land and build a building

> for our IMP practice. Estimate $3-400,000 clearly about the same as

> leasing example above or cash flow of $1500 per month for just

> mortgage, insurance, and taxes. Additional expense unknow

Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...