Medical Economics: How to Survive in Independent Practice - Finding Strength in Numbers and Developing Business Savvy Can Help Physicians Retain Their Autonomy

August 7, 2014:



Elaine Pofeldt quotes Tatiana Melnik in a story discussing physicians moving to independent practice and thriving in the challenging financial and regulatory atmosphere.

In her story, Pofeldt notes that while the healthcare environment appears to be pushing providers to seek employment opportunities, many providers "still value their autonomy, and are exploring strategies—from banding together in physician independent associations or consortiums to enhancing their business strategies—to preserve their independence in the face of increasing burdens and financial difficulty."

"Sharing data among physicians through an IPA can help physicians improve the care they offer to patients, says Tatiana Melnik,  JD, an attorney in Tampa, Florida [who works] in healthcare."

“If you look at how physicians can stay independent long-term, it is to take advantage of the data they have, to really put themselves in a position to provide significantly better services, Melnik says."

Pofeldt notes that providers should also evaluate options to strengthen their negotiating power, examine other alliances, look for high-impact savings, and re-evaluate patient collection practices.

The full article is available from the Medical Economics website here - How to Survive in Independent Practice - Finding Strength in Numbers and Developing Business Savvy Can Help Physicians Retain Their Autonomy.
Melnik Legal works with independent physicians, physicians groups, and physicians associations to help them navigate the complex regulatory environment. We help providers structure data sharing agreements and relationships, negotiate EMR agreements, and evaluate telemedicine opportunities.

We can help either on a project by project basis or as outside healthcare counsel.

Please contact us!
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