10 facts every primary care physician should know to survive 2013 !

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Primary care physicians are fast becoming endangered species. In a climate that is not conducive to their economic survival, every practice should have a few tricks up its sleeve to survive !
  • 1. 10 Facts Every Primary Care Physician Should Know To Survive 2013 !Presented by,Angomark, MedicalBillingStar
  • 2. Report From Sanders ! “The famine of primary care providers has reached a grave level due to a grouping of fewer physicians entering primary care, geographic and specialty misdistribution, withdrawal, a growing and aging population, and the upcoming expansion of coverage under the Affordable Care Act” , stated the report from Sanders, who is chairman of the Senate subcommittee on primary health and aging.
  • 3. 1.Primary Care Physicians Population Ratio In the middle of 1965 and 1992, the primary care physicians to population ratio grew by only 14%, while the specialist-to-population ratio exploded by 120%. Percentage 150 100 50 0 primary Care Specialists Physicians
  • 4. 2. Primary Care CareerIn spite of the fact that more than half of patient visits are for primary care, only 7% of the nation’s medical university graduates now pick a primary care career.
  • 5. 3. Comparison of Primary CarePhysicians involved in Practice 50 years ago, half of the physicians in America practiced primary care, but today fewer than one in three of them do.
  • 6. 4. Revenue Flow of Primary Care PhysiciansOver a doctor’s era, specialists gross as much as $2.8 million more than PCPs. Radiologists and gastroenterologists, for example, have incomes more than twice that of family physicians.
  • 7. 5. PCP’s Looming RetirementThe average primary care physician in the United States is 47 years old, and ¼ th are looming retirement.
  • 8. 6. Working at NightfallsOnly 29% of U.S. primary care practices provide access to care on evenings, weekends, or holidays, as compared with 95% of doctors in the United Kingdom.
  • 9. 7. Waiting time to see PCP’sIn 2012, it took about 45 days for new patients to see a family doctor, up from 29 days in 2010. After Massachusetts stretched health insurance coverage in 2006, the waiting time for new patients to see a primary care provider increased 82%.
  • 10. 8. Shortage of ProvidersAlmost 57 million people in the United States—one in five Americans—live in areas where they do not have passable access to primary healthcare due to a lack of providers in their groups.
  • 11. 9. Seeking an appointmentHalf of emergency section patients would have gone to a primary care provider if they had been able to get an appointment at the time one was needed.
  • 12. 10. PCP Practitioners account Nurse practitioners account for 19% of the U.S. primary care workforce, and physician assistants account for 10%.
  • 13. A few solutions for primary care physicians to survive 2013 !Primary care physicians are fast becoming endangered species.In a climate that is not conducive to their economic survival, every practice should have a few tricks up its sleeve to survive!
  • 14. A few time-tested billing tips to help primarycare practices, to fight against the odds and earn more! Bill for patient counseling as you spend most of your workday advising and communicating with patients. Select a primary diagnosis, and then list out the other medical procedures in order to get paid appropriately!
  • 15. Document time codes exactly as it can help youassign a higher level e/m code.Choose a payment model that minimizes risk.Code according to the complexity of a procedure andthe extent of decision making involved
  • 16. Thank youDrop your queries on primary Care facts and billingneeds. For Free Annual fiscal fitness check for you practice to maximize your revenue , Ping us @ 1-877-272-1572 or visit us http://www.medicalbillingstar.com
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