ITEMS IN FPM ON TOPIC:
Financial management, general
Turning away third-party payers and requiring payment at the time of service restored this family physician's practice.
A cash-only, house call practice enabled this physician to earn more while spending less.
This physician is expanding his cash-only practice to keep up with demand.
The cash-only model involves some risk, but it can also bring many rewards.
Implementing internal controls in your practice will help you stop embezzlement and keep what you earn.
Feb 2006 Issue
First-Party Payers: Should You Cut Out the Middle Plan? [From the Editor]
How much of the world can you set right simply by asking your patients to pay for their care?
Two tools – gap analysis and root cause analysis – can work together to tell you where and why you might be lagging financially.
The author reports the results of an AAFP survey of 730 members conducted to see what factors separated the high earners ($160,000 or more) from the low earners ($100,000 or less). The strongest influence was number of patient visits.
Findings from the Future of Family Medicine project suggest the New Model could boost your income or enable you to work fewer hours.
Your family physician colleagues share their best ideas for energizing and strengthening the practice of medicine.