There’s no lack of industry chatter out there about the challenges that caregivers face — and how difficult it is to keep your focus on patients, and your eye on the bottom line. The mounting costs, declining reimbursement, increased complexity brought on by the Affordable Care Act — health care providers are the ones feeling it, maybe even day in and day out. How do private practices stay independent — and succeed — in light of all this change and pressure? For many, a huge step is finding the right technology partner to handle practice management and electronic medical records (EMRs) and take on some of the biggest problems practices will see.
Dr. Jeff A. Drasnin, President of ESD Pediatric Group in Ohio, knows the struggles of the independent physician all too well. It wasn’t long ago that he and his five-doctor practice were facing poor cash flow from outsourced billing and claims, and were spending too much time on patient communications (which were non-compliant, by the way).
Next Wednesday, June 18, Dr. Drasnin will join our athenahealth webinar series to talk about how ESD has remained profitable in the face of these challenges, and what it takes for other independent practices to do the same. (Read more about ESD Pediatric Group and their journey to remain independent.)
As a nice compliment to Dr. Drasnin’s story, I recommend a blog post titled “How the Small Independent Provider’s Role Has Come Full Circle,” from Dr. Stephen Bien, a physician in rural Maine. Like Dr. Drasnin, Dr. Bien talks about the technology he implemented to help him have the right foundation to stay independent; but what’s really interesting is how he came to identify his weaknesses — small practice size, isolation, independence—and see how they, in fact, could be assets. Check it out.
Join Dr. Jeff A. Drasnin for our June 18th webinar, “Staying Independent and Profitable as Independent Physicians.”