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Fair question but basic business sense can answer it. Small town likely = few/no doctors = high demand / low supply = opportunity. Maybe you charge less and take more patient. Or maybe you just make more bc the town knows that If they lose their doctors they'll risk losing their town.
Ie this would work beautifully.
Just a quick question, how many hours a week would you say you typically work all included with a full panel of ~600 patients?
I want to figure out what I can do as an MS2 to plan on making the best segue into this after residency. What can I do during medical school and beyond to streamline direct primary care in the future.
Unlikely, as medical licensing is done at the state level.
It would also be politically imprudent, as it's unconstitutional (13th Amendment), and would accomplish nothing in terms of improving access by legislating doctors into bankruptcy.
Many people argued that Obamacare was fundamentally unconstitutional, and look where we are now. I believe that the state of MA already requires the acceptance of M&M for licensure there. I could see other states doing the same.
I believe that the state of MA already requires the acceptance of M&M for licensure there.
I'm glad you asked. I do NOT think you should start a traditional practice AT ALL. I started straight out of residency with zero patients in a town with NO "concierge" doctors. I added 300 patients in the first 9 months, brought on doc #2 at least two years ahead of schedule, at 32 months we have 1071 patients (as of today), i'm full, doc #2 has 500 pts and doc #3 started this week.
Believe me, its better to have no reputation and build it, then risk getting a bad reputation b/c of your work in a broken system.
Apple and oranges. Most any insurance premium would also cover the child's medications, hospitalization, cancer treatment, etc. in addition to primary care.
Also, that $10/month for the child is based on at least one adult parent paying $50/month, as well. So, figure $60/month for two people. That's $720/year.
A typical healthy adult and healthy child would probably not pay that much in insurance co-pays for a couple of routine office visits per year apiece (the average), even if the adult had a physical with basic labs. By definition, AtlasMD's patients are a self-selected population who feel that he's providing them good value.If they didn't, they wouldn't be his patients. And, lots of people aren't his patients. 😉
Don't forget that most patients are (or should be) paying for high-deductible catastrophic insurance coverage on top of whatever they're paying you out-of-pocket for primary care.
If you don't mind, what is your office's approximate total billing for the following services:
-Annual physical for 35yo mother
-Well child visit for 5yo son
-One URI visit for each during the year
-One fall on wrist requiring x-ray for the 5yo?
According to Josh, his costs (to the family and employer) would be less than $800.
One fall on wrist requiring x-ray for the 5 y/o = $82 (for the visit - 99213), $50 for the wrist x-ray.
Good deal. I don't know many family physicians these days willing to come to the office on any Sunday morning to look at the wrist of any of the 2500 patients on their panel. 👍
"Hoping?" What do you imagine would stop you?
http://www.breitbart.com/system/wire/upiUPI-20130614-232724-6523
OK, so I went and read this article as mentioned above. I don't see how this type of practice is better than the FFS that we already have from the patient's perspective. From my perspective it sounds great as I get money up front without fussing with a billing service. But if the patient has Medicare, you pay $100 to this PCP every month in compensation for seeing the doctor. But the same patient sees me for free. In theory, you get more time with the doctor? I don't see it. I see patients with same day scheduling and don't rush anyone out the door. What am I missing?
thanks!!Just listened to it. "Do we have car insurance that buys gasoline, tires, oil changes" - great example that I would keep using since the public can relate. Thought you articulated your points and argued well. Keep pushin'.
So question...
If the AtlasMD patients have "Unlimited access...Literally. After hours, weekends, holidays"...does this essentially mean no vacation, at all? What do you do if there is a wedding 1000 miles away, family death, personal illness?
Hi Atlas
How much would you say you spent in advertising (radio was most successful?) to achieve the 600 patient mark?
I pulled these prices directly off our self-pay price list.
Annual physical for 35 y/o mother = $145 (for the visit - 99395), $46 for routine labs (CBC, CMP, FLP). Total = $191.
Well child visit for 5 y/o son = $131 (99392)
One URI visit for each during the year = $82 x 2 (99213) = $164
One fall on wrist requiring x-ray for the 5 y/o = $82 (for the visit - 99213), $50 for the wrist x-ray.
Total = $618.
So, I guess mine is smaller. Wait, that didn't sound right...
not included in blues math is the cost of insurance premiums required for a standard practice.
freedom from choice is no freedom at all.
Have any of you read the Innovator's Prescription? It goes into a lot of alternative payment models in healthcare and is a really interesting read.
Yes, it's an interesting read.
Do you have any thoughts on how the author discusses separating business models into solution shops, VAPs, and networks with different payment systems for each? Also, any thoughts on the switch from intuitive to precision medicine and potentially how to incorporate midlevels into this type of practice?