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Is it even possible to set up an individual practice these days? Most individual practices were established decades ago. Most new physicians will work with an
by u801e 8y ago
Is it even possible to set up an individual practice these days? Most individual practices were established decades ago. Most new physicians will work with an established group practice on contract.
- jessaustin 8y agoIt would be for those physicians without crippling debt loads. So, no, for those whose medical degrees were issued in the last couple of decades, it isn't possible.
- conanbatt 8y agoIts not because billing is so complicated that it takes up to 50% of the doctors tie to manage his own practice. Big companies have more people doing billing alone than doctors themselves. Pretty clear cut case that regulation is the enemy of efficient markets.
- adrr 8y agoWouldn't this be a perfect opportunity for a startup to handle billing for small doctor's offices?
- conanbatt 8y agoThere are several but its not as easy as it sounds. Its a very labor-intensive task. Its kind of like saying that a startup should be going to peoples homes and cook for them according to their liking. The issue is that doctors work for insurance companies and that means you need to do things a certain way they like while matching the way they practice and document their medical decisions. I could explain more since I am part of one of these startups :)