Monetize your practice to a higher, more diverse level.
If you are worried about how to maintain your practice under the potential negative effects of Obamacare, consider these strategies:
- Develop alternative lines of business related to medicine
- Take your practice to the internet
- Reduce income risk by creating more unearned income
- Move beyond traditional business platforms and technology
- Increase patient communications
- Divert fees to alternative lines of unearned income
If you take some strategic steps and focus on income sources, you could build your overall business platform to the extent that normal billing is secondary rather than primary. Wouldn’t it be easier if regulations, insurance, and taxes had less impact on your ability to see patients?
Order: Monetize Your Medical Practice