subject: Do You Want To Start A Cash Only Medical Practice? [print this page] Cash only medical practices are a popular topic as of late. These operations help medical professionals to avoid the hassles of a typical medical practice, including issues like:
-HMOs
-Malpractice premium increases
-Overhead
-Managed care
-Socialized medicine
-Low reimbursement rates
-Lack of free time
Cash only medical practices are very unique, and require a special understanding in order to become successful. Physicians must learn the tricks of medical advertising, market research, setting up a business and medical practice management in order to become successful with their cash only medical practice. If youre tired of working tirelessly to get the job done and hopefully get the reimbursement that you deserve for your services, this might be the right solution for your needs.
Too many people have the stereotypical assumption that doctors earn a lot of money and can do whatever they want in their free time, which they supposedly have a lot of. The reality of the situation, as you probably know, is that youll spend your days working long hours, fighting with healthcare insurance companies, and negotiating deals to try to cater to all of the patients and their insurance needs. It can be very draining on all levels, which is where the cash only option offers welcome relief. Instead of having to see tons of patients every day just to pay the salaries of the office employees, doctors can get back to doing what they love and caring for patients because they want to, not because they have to.
Cash only medical practices have many different benefits. There is much less paperwork to deal with, which is always something that physicians like to hear. A doctor who spends long hours dealing with administrative issues is like a firefighter who spends more time filling out reports than actually fighting fires. You didnt choose to become a doctor to do paperwork. You chose to become a doctor to help people. With a cash only medical practice, thats exactly what you get to do.
Cash only medical practices will enjoy many different advantages over a typical medical office, including the lack of a need for pre-qualification or insurance approval. This type of practice takes medicine back to where it belongs: a two-way relationship that is between patients and doctors, focused on health and wellbeing, not on insurance issues or paperwork.
Before you can begin a cash only medical practice, you will need to learn the various elements of operation that are most important to your success, including medical advertising, research, starting a medical practice at the cash-only level, and medical practice management in this type of operation. Fortunately, these things are easy to learn and understand. There are plenty of resources available to help you get started in your new cash only medical practice, and you should take advantage of them so that you can become successful. If youve been looking for a better way to utilize your skills as a physician, this might be just the thing that youve been looking for.
Learn how to start a Cash Only or Niche medical practice at www.HippocratesPublishing.com or call 877-408-2462. Teaching Physicians the Business of Medicine.
by: High procs
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