In a rush to get on the retail clinic cash cow, some are expanding too rapidly, with predictable results. It’s really not the best business model to make money:
Industry experts estimate that a company can consume $300,000 to $600,000 to finance a clinic and keep it running until it reaches a break-even point of 25 to 30 patients a day.
And just wait until the first big malpractice suit is filed against them. I wouldn’t buy stock in any of the clinics just yet.
Related posts:
- Retail clinic growing pains
- Popping the retail clinic bubble
- Retail clinic talk
- The retail clinic era is over, and why pharmacy-based clinics are doomed to fail
- The AMA takes on retail clinics
- Retail clinics are not for patients with chronic disease
- My take: Carrot > stick, the pandering NEJM, retail clinics
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{ 1 comment }
WTF??? 300-600K to start one of those clinics???
I can start a solo medical practice for a fraction of that cost. Been there, done that, and know other solo FP’s who have done the same. Recently, not 20 years ago……
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