Why An Ideal Medical Practice?

Is an Ideal Medical Practice Right For You?

Why are many physicians leaving their traditional practices to form an Ideal Medical Practice (IMP)? Doctors have many reasons, but the primary one is to enhance the doctor-patient relationship, which contributes not only to patient well-being but also the doctor's job satisfaction.

In an IMP, the doctor performs all the functions of the office staff in addition to seeing patients. By reducing overhead costs, the doctor is able to cut his patient load from 20-40 per day in a traditional care model to an average of 11 patients per day, increasing face-to-face time with patients and allowing the doctor to greatly enhance patient interaction. Doctors make themselves readily available to their patients, often giving out their cell phone numbers and e-mail, and providing same-day appointments.

Pros

Patients have greater access to their physician

Patients have more face-to-face time with their physician

Physicians are able to reduce numbers of patients seen per day

Patients have greater control over their care

Physicians feel less stress and more job satisfaction

Overhead is low

Cons

No support staff

Physician must finance start up costs

Net revenue is about 30% less than with a traditional practice

Physicians need to be technologically knowledgeable

Physicians need to be comfortable running all aspects of their business

Lack of daily contact with other physicians

Technology has greatly enhanced the ability of physicians to make the leap to an IMP. Utilizing a variety of services and software can help you keep your records current and back office in order.

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More information on several ideas that would be easy to implement and move you closer to your ideal medical practice, return to Resources For Medical Providers.