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Most pain docs are outpatient, I get that.
An opportunity was presented to run a couple of hospitals' inpatient pain services.
Obviously can't be in two places at once and majority of time will be in clinic doing outpatient stuff.
I assume the outpatient provides a higher ROI for the time spent.
1. How does running an inpatient pain service in addition to a clinic-based pain set-up financially make sense? Does one just focus on referrals that lead to larger procedures (stims, pumps, kyphos) and peel those off to your own ASC?
2. Can one make it work financially by pure volume by billing for new patient and follow up visits?
3. Do people get big stipends from the hospital and make money that way?
All thoughts appreciated.
An opportunity was presented to run a couple of hospitals' inpatient pain services.
Obviously can't be in two places at once and majority of time will be in clinic doing outpatient stuff.
I assume the outpatient provides a higher ROI for the time spent.
1. How does running an inpatient pain service in addition to a clinic-based pain set-up financially make sense? Does one just focus on referrals that lead to larger procedures (stims, pumps, kyphos) and peel those off to your own ASC?
2. Can one make it work financially by pure volume by billing for new patient and follow up visits?
3. Do people get big stipends from the hospital and make money that way?
All thoughts appreciated.