The Disappearing Solo Doc
More and more family docs are leaving solo practices because of high costs and lower reimbursements. Many are joining large practices since they are able to negotiate higher reimbursements. This seems to be the way family medicine is headed. So what will happen to the doc that treats you and your family. The one that knows you interests and what you do for fun. The one that can anticipate your needs?
What is it exactly thats causing these solo practices to go out of business? High overhead. Treatments now require more technology, employees, and supplies. This leads to high volume practices to make up for the costs, which makes the solo practice unsustainable. New docs to the field want better hours with free weekends. The best place to do this is in a large practice. So there is no one left to take over those practices established by the retiring solo doc.
So how do we solve this? How do we keep the friendly neighborhood family doc while still allowing for sustainability? An idea that comes to mind is a loosely associated group practice. This group practice will be established on the following conditions:
1. Each physician will operate as an independent practitioner. These physicians will set their own hours, maintain their own patient panel, etc.
2. The physicians share the costs of rent, employees, EMR, etc. For example, they can share a receptionist/phlebotomist and nurse. They can share the cost of EMR. Physicians can now have websites on which patients can make appointments and choose on the length of the appointment.
By lowering the overhead by sharing costs and employees, the principles that solo docs operate by can be protected. By having multiple physicians working together, they can negotiate better reimbursement rates. They also have the benefits of having peers to consult with and having colleagues to cover for each other on vacation.





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