Identify a Stable Footing for Your Pedatric Practice with Paul Vanchiere of PMI
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Summary
Do you want to identify a more stable financial footing for your pediatric practice so you can provide better care for children in your community?
Welcome to PedChat Paul Vanchiere, head of the Pediatric Management Institute (PMI), a company devoted to ensuring your practice is operating like a well-oiled machine.
PMI visits pediatric practices around the country.
So I asked Paul: After visiting hundreds if not more practices over the years, what are the top two recommendations you make?
1. “Find effective ways to easily monitor and digest finances. If you aren’t monitoring your practice, it will slip away, and it takes a long time to recover. Break down a process to get financials on a timely basis that provides relevant information to make decisions.”
2. “All managing partners should be in the trenches. All too common there is one managing partner doing all the management. If this person leaves, you lose this knowledge.”
We dive into what the future of pediatrics looks like, how and why hospitals are continuing to subsidize pediatrics, telemedicine’s long-term fit, the CVS/Aetna merger and much more.
You don’t wanna miss this one. Sit back, relax and become optimized with Paul Vanchiere, the Pediatric Management Consultant.
Quotes
“Find effective ways to easily monitor and digest finances. If you aren’t monitoring your practice, it will slip away, and it takes a long time to recover.”
“We shouldn’t regulate the urgent cares out of the market, we shouldn’t put up barriers for the nurse practitioners and the CVS’s, but rather we should embrace it and step up to the challenge.”
Show Notes
Highlights
1:50 – Top 2 optimizations for your practice
4:40 – What does the future of pediatrics look like?
9:51 – Telemedicine
12:32 – Paul’s upcoming book – Managing the Mirrors
14:45 – The impact of the CVS-Aetna merger on pediatrics
References
For more information, visit PMI’s website.
