7 steps physicians have taken to boost practice revenue

Anuja Vaidya -   Print  | Email

Most physicians have increased the number of patients seen per day to boost revenue at their practice, according to Physicians Practice's 2014 Physician Compensation Survey.

The survey includes responses from 1,338 physicians.


When asked what steps they are taking to increase boost revenue at their practice, respondents reported:


•    Increased the number of patients seen per day — 33.3 percent
•    Taken on work outside of my practice — 29.2 percent
•    Added ancillary services — 23.2 percent
•    Changed to a direct-pay, concierge or hybrid concierge practice — 8.6 percent
•    Started an in-house dispensary — 5.3 percent
•    Started charging for patient portal or e-visits — 4.1 percent
•    Started making fee-based house calls — 2.6 percent

More articles on practice management:

Laser Spine Institute opens Cleveland location
Laser Spine Institute procedures benefit workers — 3 things to know
How spine surgeons are taking charge of ACOs, pay-for-performance and their own data

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies here.