And now, for something completely different – a successful primary care practice. It is a rural practice that has significantly better Medicaid and Medicare reimbursement due to the Rural Health Clinic Services Act. Patients are happy. Doctors are happy. Funny how appropriate primary care reimbursement can do that.
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What is funny is how this PCP practice does well off of Medicare and Medicaid, 2 forms of “National” health insurance.
Seems to me that the essential prerequisites of a successful primary care practice are: 1. the owners have business smarts and 2. they work very hard to decide what they want and then to create it. Obviously, there is more to it than that, but in the superior practices I have interacted with, the physician owners embrace and excel in the business aspects.
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