The Multi-specialty Practice - APMA · The Multi-specialty Practice. My Work Setting ... Group PA...
Transcript of The Multi-specialty Practice - APMA · The Multi-specialty Practice. My Work Setting ... Group PA...
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S T E P H E N S C H M I D D P M
The Multi-specialty Practice
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My Work Setting
Rural MN
Population: 13,500 (population draw of 80K)
Lake Regions Medical Group PA
Lake Regions Health Care
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Practice Demographics
~70 providers in the practice Podiatry, Orthopedics, General Surgery IM, FM, hospitalists, psych, oncology,
emergency medicine OB/GYN, ENT/allergy/pulm, derm,
radiology/IR, urology, opthamology, pathology, pediatrics, geriatrics
Visiting providers Nephrology, neurology, physiatry,
cardiology
108 bed hospital Two outreach clinics Level III trauma center Hybrid multi-specialty/hospital
practice
Add content
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Ancillary Services
Physical Therapy Occupational Therapy Speech Therapy Radiology (X-ray, CT, MRI,
US) Rehabilitation Center Coumadin Clinic Cancer Center Dietician Laboratory Services Pharmacy Home Medical Supply Store
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Referral Base
~70 providers in the practice
Podiatry, Orthopedics, General Surgery
IM, FM, Hospitalists, Psych, Oncology, Emergency medicine
OB/GYN, ENT/allergy/pulm, Derm, Radiology/IR, Urology, Opthamology, Pathology, Pediatrics, Geriatrics
Visting providers
Nephrology, Neurology, Physiatry, Cardiology
Pros:
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Referral Base
~70 providers in the practice
Podiatry, Orthopedics, General Surgery
IM, FM, Hospitalists, Psych, Oncology, Emergency medicine
OB/GYN, ENT/allergy/pulm, Derm, Radiology/IR, Urology, Opthamology, Pathology, Pediatrics, Geriatrics
Visting providers
Nephrology, Neurology, Physiatry, Cardiology
Pros:
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RVU based, competitive compensation structure
RVU= Relative Value Unit
wRVU= work RVU
fRVU= facility RVU
mRVU = malpractice RVU
wRVU x conversion factor = physician compensation
Tiered compensation system:
0 – 4,500 wRVU = X
4,501 – 6,000 wRVU = X + $2
6,001 – 7,000 wRVU = X + $4
7,000 + wRVU = X + $6
Pros:
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2012
Podiatric Practice Survey
Courtesy of APMA.org
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2012
Podiatric Practice Survey
Courtesy of APMA.org
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2012
Podiatric Practice Survey
Courtesy of APMA.org
2013
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2012
Podiatric Practice Survey
Courtesy of APMA.org
2013 2014
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Built in referral base
RVU based, competitive compensation
Inter-specialty interaction/education
Advancing podiatry through exposure
Hospital privileging
Hospital resources in a clinic setting
Running your own practice without having to run it.
Pros:
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Employee
Compensation for DME sales, ancillaries and radiographs.
Rural practice
Call schedule
Mentorship
Cons:
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Podiatric Practice Survey
2012
Courtesy of APMA.org
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2012
Courtesy of APMA.org
Podiatric Practice Survey
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2012
Courtesy of APMA.org
2013
Podiatric Practice Survey
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2012
Courtesy of APMA.org
2013 2014
Podiatric Practice Survey
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Thank You!