The aging baby boomer population has greatly increased the workload for neurologists. With increasing difficulty to recruit new physicians, neurologists have turned to hiring PAs and NPs. With these practitioners assuming responsibilities for tasks that are time-consuming and sometimes not reimbursable, delegating these activities allows a neurologist to focus on direct patient care and serves as a cost-effective strategy for the practice struggling with decreased reimbursement and tighter budgets.
To alleviate reduced reimbursement, it is recommended that you position your neurology practice in areas that provide profitability while preserving professional satisfaction. A well-positioned practice will help you attract and retain profitable cases.
Your goal may be to see fewer Medicare patients and participate more in the booming $40 billion dollar pain management market.
As a financial advisor for physicians, we have the tools and the knowledge to evaluate the profit margins within any area you may want to pursue.
We are here to help define your current and future practice needs to ensure your success. For a complimentary consultation on how to increase the financial success of your neurology practice, please provide the "Quick Contact" information on the sidebar, and we will contact you to schedule a free consultation. We serve the communities of Manhattan, New Hyde Park, Manhasset, Hauppauge, Syosset, New York, Garden City, Great Neck and nearby areas.