Automation Equips You to
Deal with Managed Care Pressures
"Physicians are leaving medicine in record numbers due to the increasing hassle factor and decreasing reimbursement. Automating the patient charting, billing, practice management, and scheduling is the only way I know to ease these pressures and remain independent and profitable. Some managed care hassles can be avoided completely with features such as built-in prescription formularies. Others, such as requests for preventive care information, can be handled with less time and stress by an automated system. An electronic charting system is the ONLY way to run your own cost-effectiveness and outcomes analyses. Armed with this information, you can negotiate for higher reimbursement rates. Billing systems then alert you when the insurance carrier pays at a lower-than-contracted rate or "down-codes" a claim.
In addition to automating, I dealt with the pressure by practicing medicine only part-time. Automating my practice allowed me to earn the average income of other physicians in my specialty -- while working only two and a half days a week! (Additional profits from our mid-level practitioners effectively increased my income to twice the national average.) I would urge any doctor contemplating leaving medicine to first try a different way of practicing!"
— Tracy Angelocci, MD, FAAP