Research shows that physicians are spending so much time doing paperwork and administrative tasks that they’re losing out on valuable time with patients.
Physician practice management companies (PPMCs) are sometimes also referred to as management services organizations (MSOs). They provide non-clinical business administration services to private practices. These services include but are not limited to:
The majority of U.S. physicians practice primary care, and are a small private practice owner, partner, or associate.
As you're probably aware, the market is highly saturated. Patients have their pick of private practices. How do you make yours stand out to get more patients and increase revenue? Here are 5 tips.
According to Pharmacy & Therapeutics, 90% of physicians use at least one social media site for personal use. Over 65% use social media for professional purposes.
According to AHRQ,
A clinician who works 230 workdays in a year and sees 24 patients a day has a “supply” of 5,520 slots a year (230 workdays x 24 patients/day).
Patients average 3.19 visits to the clinician a year.
This clinician could care for a panel of 1,730 average patients in a year (5,520 ÷ 3.19).
Medicine is not an easy path. It means long hours, inhuman amounts of stress, and taking huge risks. Because of these risks and stresses, it also means you take pride in running your independent private practice.
Why Incorporating Millennial Marketing is Imperative for Your Practice
Millennials are infamous for breaking barriers, building equal relationships, and seeking partnerships. They respond best to transparency and accessibility.
They’re also taking over - they’re advancing in the workforce, starting families, and taking responsibility for their own health and wellness. That means they decide whether they’re going to the doctor and which practice they visit.