Challenging Times In Private Practice

Expanding your practice in challenging timesmore likely with doctors who have never had to
Fuel prices. Surcharges. Layoffs. Real Estatemanage a profitable practice in tougher economic
mortgage cruel jokes. Stupid property valuationsclimates. Or have not yet established simple
of the last few years. And now for those needingmechanisms for patients to want to pay you out
health care services its health insurance benefitsof pocket.
that are often laughable. 40$ co pays. But, this isDoctor, the truth is your patients want only you.
the stuff swirling with angst in your patients head,They want your knowledge, decision-making skills
and in some areas of the US and abroad, inand expertise. They want a compassionate
differing socioeconomic strata way more thanhuman being, not a stuffed shirt.
others.Doctor, the real truth is your patients want the
For most practices this is Future Shock!benefits of your care. They are not going to pay
So, doctor, when the patient before you todayfor "office visits". They will however, pay you for
has little or no insurance benefits, or a third partyan experience.
system gets yanked from your area, are youAnd so here it is with private healthcare practices
just continuing to try sell just an office visit?today. We can ill afford to be about office visits,
Or, like I teach my upper level clients, are youanymore than Starbucks is, or will ever be just
and your entire team offering absolutelyabout coffee.
everything that an office visit and great patientYour patients need, and want way more from
care can create in your patient's life? Do youyour office, now more than ever. Especially when
have all the tools and systems to really createcare opportunities and choices abound for them.
the practice of the future?You only need to look at the explosive growth of
The answer should be obvious. And doctor, domassage clinics, medi-clinics at Wal-Mart and CVS,
you continue to be only about their "coverage", orand now even franchised alternative healthcare
are you really and honestly only about their health,chains, spas of all types and economics, and even
just like I had to tell and then wrote about mycosmetic dentistry and surgery centers to figure
"Mrs. Jones" many months ago.this out.
If you are only about their health, does everyPatients need and are looking for an office
one of your staff know this, and reinforce it onenvironment, which helps them escape all the crap
every visit? Or, do you play games like freein the rest of their lives. A receptionist that is
services, forgiving co-pays and deductibles, dualwarm and welcoming, and caters to them. An
fees? I certainly hope not, on ALL the precedingoffice that looks and feels clean, calming, more
issues.spa like than clinical. The right colors and feel.
Do you instead of games have systems fully inProduct sales that support and enhance the
place to deal with all these issues in your patientsexperience. Support Staff that is friendly, helpful
mind? And what about your team? Withoutand upbeat.
having your doctor's income, it can be tougherAnd your patients really want true health and
around their homes too these days.fitness, well into their later years. Now they
So what's the solution to these issues going to beexpect and will seek out ways to ensure less
in today's world?physical pain, more energy, less stress, weight
Its Pollyannaish in my opinion not to acknowledgeand blood lipid (cholesterol) control. They want not
all these issues of today's brave new world. Toto be diabetic due to poor fitness, suffer with
do so could be really insensitive in dealing withfibromyalgia, or be chronically stressed out or
staff and patients.depressed and anxious.
It is however a huge error in judgment to letThey want no undesired side effects from
these current economic changes dominate yourtreatment. They want financial clarity. And today's
thoughts. The only constructive thing to be donepatients expect complete technological literacy
right now is to work on continually evolving yourwith an incredible human touch behind it.
systems, mechanisms and procedures to dealDo this right, and you will really have a fantastic
with all the issues at hand.practice. Raving fans, tons of referrals, and yes,
But most especially, first take a hard look at yourmost especially patients who pay you handsomely
attitude. Is it "Chicken Little (you know, 'The skyfor their experience which is unlike anything else in
is falling!')? Or Zig Ziglar like ("You can get anythingtheir neighborhood. You will be THE go-to doctor.
in life you want, if you just help enough otherBut, you will not pull this off without an effective
people get what they want!").strategy and market study. Do your homework.
The people you associate with, what yourStudy our guidance on practice makeovers. Make
coaches teach you, what you watch on the tube,rock solid your staffing systems. Set it up fully
listen to and read, what has this done for youcompliant, and with the best legal and tax
lately? You get my point.structure.
The fact is changes, yes especially economic areLastly, come to "Future Shock". Really learn this
natural, and cyclic. Sometimes they hit really hard.right. Let our experiences with practices from
This might just be one of the toughest cycles inaround the country help to plan your practices
recent memory, after the boom of the last 20-25fine tuning, or if need be a makeover, the right
years.way, the first time.
Big problems I see ahead in private healthcare are