Making your orthopedic office profitable through the addition of ancillary services.
With the precipitous decline of orthopedic reimbursement over the past six years, it will be critical to the success of the majority of orthopedic groups to improve their revenue stream in the future. This will involve improving management, reducing overhead, and adding ancillary services to obtain facility fee revenue. Ancillary service possibilities for the orthopedist include an in-office surgicenter with a pain center, MRI, physical therapy with orthotics and braces, occupational health department, pharmacy, and independent medical examination company.
Bert
Jack M
JM
Summit Orthopedics Ltd., 17 West Exchange Street, Suite 307, Gallery Medical Building, St. Paul, MN 55102, USA. bertx001@tc.umn.edu
D000554:Ambulatory Care Facilities / Q000191:economics* / Q000458:organization & administration; D003362:Cost-Benefit Analysis; D003695:Delivery of Health Care / Q000191:economics; D006297:Health Services Accessibility / Q000191:economics / Q000458:organization & administration; D006801:Humans; D007349:Insurance, Health, Reimbursement / Q000191:economics / Q000331:legislation & jurisprudence; D009985:Orthopedics / Q000191:economics*; D011216:Practice Management, Medical / Q000191:economics* / Q000458:organization & administration; D014481:United States