10 facts every primary care physician should know to survive 2013 !
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Transcript of 10 facts every primary care physician should know to survive 2013 !
10 Facts Every Primary Care Physician Should
Know To Survive 2013 !
Presented by,Angomark, MedicalBillingStar
“The famine of primary care providers has reached a grave level due to a grouping of fewer physicians entering primary care, geographic and specialty misdistribution, withdrawal, a growing and aging population, and the upcoming expansion of coverage under the Affordable Care Act” ,
stated the report from Sanders, who is chairman of the Senate subcommittee on primary health and aging.
Report From Sanders !
In the middle of 1965 and 1992, the primary care physicians to population ratio grew by only 14%, while the specialist-to-population ratio exploded by 120%.
1.Primary Care Physicians Population Ratio
primary Care Physicians
Specialists0
50
100
150Percentage
In spite of the fact that more than half of patient visits are for primary care, only 7% of the nation’s medical university graduates now pick a primary care career.
2. Primary Care Career
50 years ago, half of the physicians in America practiced primary care, but today fewer than one in three of them do.
3. Comparison of Primary Care Physicians involved in Practice
Over a doctor’s era, specialists gross as much as $2.8 million more than PCPs. Radiologists and gastroenterologists, for example, have incomes more than twice that of family physicians.
4. Revenue Flow of Primary Care Physicians
The average primary care physician in the United States is 47 years old, and ¼ th are looming retirement.
5. PCP’s Looming Retirement
Only 29% of U.S. primary care practices provide access to care on evenings, weekends, or holidays, as compared with 95% of doctors in the United Kingdom.
6. Working at Nightfall's
In 2012, it took about 45 days for new patients to see a family doctor, up from 29 days in 2010. After Massachusetts stretched health insurance coverage in 2006, the waiting time for new patients to see a primary care provider increased 82%.
7. Waiting time to see PCP’s
Almost 57 million people in the United States—one in five Americans—live in areas where they do not have passable access to primary healthcare due to a lack of providers in their groups.
8. Shortage of Providers
Half of emergency section patients would have gone to a primary care provider if they had been able to get an appointment at the time one was needed.
9. Seeking an appointment
Nurse practitioners account for 19% of the U.S. primary care workforce, and physician assistants account for 10%.
10. PCP Practitioners account
Primary care physicians are fast becoming endangered species.
In a climate that is not conducive to their economic survival, every practice should have a few tricks up its sleeve to survive!
A few solutions for primary care physicians to survive 2013 !
Bill for patient counseling as you spend most of your workday advising and communicating with patients.
Select a primary diagnosis, and then list out the other medical procedures in order to get paid appropriately!
A few time-tested billing tips to help primary care practices, to fight against
the odds and earn more!
Document time codes exactly as it can help you assign a higher level e/m code.
Choose a payment model that minimizes risk.
Code according to the complexity of a procedure and the extent of decision making involved
Drop your queries on primary Care facts and billing needs. For
Free Annual fiscal fitness check for you practice
to maximize your revenue , Ping us @ 1-877-272-1572 or visit us
http://www.medicalbillingstar.com
Thank you