There’s a lot going on in the medical industry right now. It’s not a great time to be a medical practitioner in most cases, but it’s a great time to start a low cost business that focuses on helping doctors with many different issues.
We’d like to take a moment to talk about 5 of the biggest things doctors will be worrying about in 2013:
• Eroding autonomy – An increasing regulatory environment is affecting physicians’ ability to exercise independent medical judgment.
• Increasing administrative burdens – This is a big one. There’s no way around it, increased regulations means increased paperwork, diminishing quality of care. Not good.
• Medical group and hospital consolidation – Yes, hospitals are buying up smaller groups and practices. What this does is increase cost of care and other problems for the remaining solo practices, making them perfect targets for our services.
• Onslaught of new patients – About 30 million Americans will have insurance with Obamacare in place. Add the fact that there is a shortage of new physicians entering medicine, and you are going to have a lot of stressed out physicians, struggling even more than before to manage quality of patient care while balancing administrative functions within the office. Outsourcing some burdens like medical billing just makes sense.
• Affordable Care Act implementation – A recent survey stated that 77% of physicians are concerned about the future of medicine once the ACA is implemented fully.
No one knows what the future will hold, but there are some clearly identifiable steps that doctors can take to help ease some of the issues above. That’s where we come in.