|From Portraits 11/27/08 1:02 PM|
Wednesday, November 26, 2008
I suppose that these criteria--the ones that I used--are as good as any out there.
- Listen over a 2 year period to see what others are using and what their experiences have been.
- Check the KLAS reports.
- Check the CCHIT lists
- Check the state medical society lists.
- Define your own needs.
- Call the top 10 vendors and see who answers the phone. If they don't even answer for a sales call or get back to you promptly, you can forget about customer service and support.
- Set up appointments to demo the systems.
- Get references.
- Contact the references and ask what they don't like about the systems.
- Pull the trigger and make the purchase or continue the search.
Monday, November 24, 2008
Good EMRs are very expensive. I am about to upgrade my homegrown system into one of these very expensive yet equally powerful programs. In order to justify the expense, I've brainstormed some ways to convert the EMR from a cost center into a profit center. If I were to use the system in the following ways, I think I could actually increase my revenue in the coming years.
1. Increase contact with referring MDs and patient providers.
2. Use the system's data mining capabilities to augment marketing to specific patient groups.
3. Improve my practice's operational efficiency and then market that.
4. Automate time consuming and error prone processes and then free up staff time to market for me.
5. Use the software to more efficiently evaluate practice patterns and then transition into more profitable areas.
I'd love to hear from others about additional ways to make an EMR a profit center.
Tuesday, November 18, 2008
I had jury duty today. Essentially, it was easy and relaxing and a nice break from my otherwise very hectic schedule. If I was an employee of a big company or a school district or some public job, I'd have even loved to serve on a jury. However, in my case every day out of the office is lost income so I was a bit nervous at the possibility of having to serve on a 3 week trial. Knowing my luck, I'd be sequestered in some motel for 9 weeks.
Fortunately for me, I was excused relatively early in the process.
Every one seems to have advice about how to "get out" of jury duty. I was told everything from "tell the judge your a doctor" to "tell the judge your a racist." One guy seemed to have listened to some of this advice. Let me tell about him.
I first noticed him early in the day. He was in his mid-50's, gray haired, and he seemed very annoyed about having to serve in this way, on this day. For the entire 4 hours we were in the room, he was pacing and mumbling loudly. Apparently, he thought it was "bullshit" that we had to wait past noon only to be excused anyway. At 1:30PM, I overheard him telling some other men about his jury-dodging strategy. One or 2 hours later, I watched him try to pull it off.
And it was awesome!
About 100 of us prospective jurors were called into the court room at 2:30PM. This was a criminal case and present in the court were the judge, the prosecutor, the defense attorney and the accused. The judge thanked us for our time and then had us swear to be honest. Now here is where the angry juror's plan commenced.
"Your honor" he said with a very bold voice. "I do not swear to be honest." He was trembling imperceptibly, but I was so close to him I noticed it.
"Excuse me", the judge said. Then the judge added, "then we can have you affirm the oath." I guess "swearing" might somehow be religious while an affirmation is not and the judge was trying to assuage the man on these grounds.
"No" the angry man persisted "I will not be able to be honest." Then he added, to my utter amazement, "I just wanted to be honest with you, you honor."
My eyes were bulging out of my head: what gall! This guy was something else.
The judge seemed for a moment taken aback, but was not about to lose this argument. "Well then, sir, we just need you to sit with the court officer outside, and after these proceedings are finished, we will talk again. And then he added. "what is your name" and then the judge directed the stenographer to record it into the record.
The angry man was shaking, only now visibly. Seconds later, he as escorted out of the court room by an armed court officer.
10 minutes later, the judge excused about 50 of us for a variety of mundane reasons, no questions asked, and by 3:00PM I strolled past the angry man, who appeared to be in some kind of "jury-jail", and I received my certificate of appreciation and proof of service, and then I left the building.
I wonder what happened to this guy, the angry juror. Obviously he listened to some bad advice.
In any case, if you get called, don't sweat it. It is not painful. It is interesting. And it does make one feel good about our legal system.
And for Christ's sake, just take the oath.
Monday, November 17, 2008
I am not happy either!
I just read this on KevinMD. I thought the cuts were tabled for 18 months. Wrong?
Physician reimbursement. Medicare is soon scheduled to cut physician payments in excess of 20 percent and cash-strapped states are slashing Medicaid reimbursements. At a time when the costs of running a practice are increasing, this blow would cripple many practices. Linking physician pay to patient outcomes, so-called pay for performance, is one often-discussed approach to mitigate the payment cuts. This has been controversial as the reward in payment is not commensurate with the costs of implementing the systems to measure performance.
These are difficult economic times. People are losing their jobs, their homes. . .everything. For many others like me, "country club" dreams have vanished and mere survival has become the goal. In times like this, times that I think are only going to get worse before they get better, every little bit counts. As a solo physician, here are some things you can do to maximize your chances at surviving through the coming months.
- Answer your phones 24/7.
- Invest money or time in smart, cost effective marketing techniques.
- Invest in technology that enables you and staff to work smarter and less.
- Be in-network. People just don't have the money now for out of network providers.
- Focus on what you do best and refer out or outsource the rest.
- Do CME, learn new things, and incorporate them into your practice.
- Know your metrics inside and out.
- Re-examine your long-range vision & refine your short term goals.
- Back-word plan to achieve goals.
- Keep staff happy and turnover low.
Tuesday, November 11, 2008
My mind has been full these days with lots of important decisions that must be made.
- I am in the final phase of a decision to go with a specific EMR vendor.
- I am combing through my P&L statement with a fine-toothed comb looking to cut any extraneous costs.
- I am looking at ways to partially outsource my phone systems during overflow periods.
- I am looking to hire a technical consultant to assist me with laboratory regulations and management.
- I am looking for more economical ways to spend marketing dollars.
- I am simultaneously shifting and tightening focus for my practice goals so that I can continue to thrive in a changing environment.
Wednesday, November 05, 2008
With costs rising for all of us physicians, cost containment has become more important than ever. I've been thinking about how to keep costs super-low without sacrificing services. I've brainstormed some solutions. Here they are:
If anyone has tried this approach, let me know.
- Sublease office space from another office.
- Share office personell. You can use someone else's front desk staff to check in your patients. Of course, you must provide this staff, which technically is not your own, with your own workstations with your own PM-EMR system and teach them how to enter data into the system accurately. And you probably ought to augment their salaries with your paychecks so that they work for you, rather than someone else, and are thus loyal to you. You can even share the other doctor's office manager and pay them, then make them oversee the front desk staff.
- Purchase a good EMR-PM system. You may wish to consider an ASP model--or internet based model. These have no upfront costs to you and are payed on a monthly basis. Plus, the vendor manages all the technical aspects of the technology, such as back-up, upgrades, and interfacing.
- Outsource your phones. Phone systems can get surprisingly expensive if one considers the cost of the systems themselves, the line-fees, maintenance, and the salaries + benefits of the people who answer the phones. Check out this site for an alternative approach to phone managememt.
- Outsource your billing & credentialing functions. Sure, there are pro's and con's to this approach, but with the right company and proper over site from you it could work. Alternatively, with some of the better EMR-PM systems, you can do your own billing.
- Use only automated laboratory equipment should you choose to provide some lab services in your office.
- Any imaging equipment, such as ultrasound units, and of course your workstations must be portable, lightweight, and networked to your central server.
- Outsource some marketing functions, like direct mail advertising or email advertising.
- Make your own basic website and do your own basic SEO.
- Outsource payrole services, pension fund management, accounting, and book keeping (make sure the book keeper is bonded).
If anyone has tried this approach, let me know.