The Insurance Locator

There is really nothing like being able to help a person when he or she is ill or injured, or better yet, save lives. Most doctors are noble, hardworking, and truly dedicated to caring for their patients.

Unfortunately, apart from the benefits of being a physician office or hospital based, there are disadvantages. Life as a doctor who works in an office or a hospital is a large consumption, given the long hours of hard work, responsibility at hand, and stress in general of dealing with managed care and HMOs. Not to mention, as a physician employed by a hospital or clinic, it is likely in a position that is readily "replaceable."

Specific problems for physicians who are employees of a hospital, clinic, or are involved in a group practice, are:

1.) Managed Care / HMO. Doctors at the office or hospital settings expected to follow managed care policies that critics say has contributed to high health care costs, increased the number of uninsured citizens, and has applied downward pressure on quality.

In top 2.). In medical practice, physicians are faced with expensive leases long term, utility bills, insurance of employees, and expensive equipment. Office-based physicians are only making a net profit of 20 to 25%, while the house calls doctors, they can keep costs and low overall net gain of 55 to 65%.

Low reimbursement 3.) Fees.

4.) No free time. When not working an average of 50 or more hours per week, clinic doctors are almost always on call. They see an average of 25 to 35 patients per day, barely covers the costs.

5.) No flexibility.

6.) High Malpractice premiums. Neglect of an office based in family, internal medicine doctor or general practitioner can climb as high as $ 18 to $ 20k per year on the basis of high and medium outpatient basis.

7.) Senior competition.

With this type of problems faced by doctors, that mostly just tries to do his work in helping people, has to be a more viable alternative out there …

And there … medical practices guard house. There are several good reasons why a doctor should start his own medical practice at home.

• Freedom of HMOs and plans Managed Care
• Significant reduction of overheads
• Increased reimbursement rates
• Ability to better help the senior population escalation
• More free time and higher income
• Schedule flexibility
• Premiums for malpractice Low
• Ability to use home health as an extension to the current office-based practices
• Obtain a more competitive
• Increased market appeal and value to the patient

About the Author:

Since 2004, Hippocrates Publishing has provided invaluable support to thousands of medical professionals all over the world. Their unique specialty is in writing and publishing books and booklets to assist physicians with medical practice marketing and niche medical practices. Visit http://www.HippocratesPublishing.com today for more information, or call 877-408-2462.

Article Source: ArticlesBase.com – Common Problems Faced by Physicians Today