Here are eight steps physicians have taken to boost revenue at their practices, according to the 2015 Physician Compensation Survey conducted by Physicians Practice.
• Increased the number of patients seen per day — 32 percent
• Taken on work outside of my practice — 25.2 percent
• Added ancillary services — 23 percent
• Adjusted payer mix (including dropping low-paying plans) — 18.2 percent
• Changed to a direct-pay, concierge or hybrid-concierge practice — 6.7 percent
• Started an in-house dispensary — 3.8 percent
• Started charging for patient portal or e-visits — 2.6 percent
• None — 27 percent
Note: The survey includes responses from approximately 1,426 physicians.