This blog will hopefully give other docs an inside look at the trials and tribulations of transitioning a busy solo family practice office to a third party and managed care free practice.

Thursday, April 9, 2009

Pre holiday week

Geared up for Passover and The Easter weekend.

In 3 workdays, had 40 patient visits, one workday to go in the week. Might be slow for the Easter and Passover holidays.

Overall 4 renewals of wellness plans, 1 new patient to the practice who joined a plan, and others have given me feedback that they are preparing to renew.

Through the first quarter, compared to last year, 2/3 have renewed their wellness plans, 5% did not renew but stayed in the practice as self pay, and the others we have not heard from yet. My assumption is that half will renew, of the other half most will switch to selfpay. A few of these are kids who switched due to leaving for college.

The revenues are on par with the average for the first three months. As long as the renewal rate stays at 2/3 or greater and we continue to bring new patient's in, the practice will grow. Unless Obama socializes our profession, and then we are all screwed!

DoctorSH

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