APRIL 15, 2006
VOLUME 3 NO. 7
PATIENTS & PRACTICE

PRACTICE MANAGEMENT

Tight ships and practice slips

You already work hard. Try these tips to work smarter


The National Review of Medicine Practice Management Survey conducted last spring highlighted the fact that you're working too hard. Almost 70% of the 1,057 respondents identified excessive patient loads as their most pressing practice problem. It's not too late to take part in this year's survey (see page 8) but early results confirm that sky-high patient loads continue to be a focus of concern.

On the obverse of the patient-load coin is income: the more patients you see, the more money you make. Notably, only a handful of your colleagues have complained about low incomes. Clearly, what most physicians would like is to have a more reasonable patient load and more to show for it at the end of the day.

Shorter hours, higher income! What physician wouldn't want that? The healthcare system isn't about to deliver this Nirvana regardless of what combination of public and private services emerges in your province, and it now appears the doctor shortage is likely to continue for another decade. So if you want to work less and earn more, the ball is squarely in your court.

TAKE A GOOD LOOK
There are a few things you can do to work smarter. A good place to start is by taking a close look at your practice profile. Review your roster and slot patients into categories that compare time spent with the amount billed. This may seem hard-hearted on the face of it but the exercise will help you focus your attention on those areas of your practice that are the most income-efficient and highlight areas in which you expend maximum effort for minimum returns.

The suggestion here is not that you turn your practice into some fast food emporium in which every gesture, every ounce is evaluated for what it contributes to the bottom line. Far from it. For years dental practices have evaluated their patient mix according to earning potential. Indeed, many of your colleagues do it as well. You're likely aware of it yourself, even if you don't practise profiling in quite such a deliberate way. You know that Mrs. C — who arrives with her lists of ailments and vials of pills — 'wastes' far more of your time than Mrs. B who breezes in and out with little more than a, "Thanks for your time, doc".

CODE IT
Instead of going through all of your patient files in one sitting, consider flagging files as they come up. You're likely doing this to some extent already. Consider colour coding patient records with those small round stickers they sell at office supply stores. Red for a time waster; green for in and outs; yellow for somewhere in-between. Initially, the exercise will simply help you better appreciate where your time goes. But in the longer term, you may want to begin structuring your practice day so that you have more time available to see 'green' flagged patients — without, of course, neglecting your 'reds'.

THE EARLY BIRD
To up your quota of 'greens', consider scheduling your first patient of the day at 7am or earlier. It's an almost sure-fire way to boost your practice's bottom line when you make it easier for working people to see you. Very busy patients may want to come in before they begin their workday, and they'll typically be grateful that you provide such convenient hours. And because these patients are in a hurry to get to work, they're not likely to waste your time discussing a list of vague symptoms.

Private firms like the Royal Bank and Best Buy invest heavily in identifying their best customers — those who generate the most profit and give the least hassle. Dentists do it and there's nothing unethical about you doing it as well — it's just an extension of good patient practice. Once you're used to starting early, consider cutting time off at the end of the day. Some practices do double duty by closing early some days and re-opening again in the evening. If you're already working a 10- or 11-hour day, there may be benefits for you and your patients by splitting it up into chunks — say, 7am to 1pm and 5:30 to 8:30 or nine. And be sure to use the extra time at least once a week to do something you enjoy. Allowing a 10-hour day to turn into one of 12 hours by doing practice-related tasks when you're closed to patients just defeats the purpose.

NIX NO-SHOWS
Dealing with patients who fail to show up is a challenge to any practice. No-shows can leave holes in your schedule that are hard to fill. Resist the temptation to overbook. If patients expect your office to be "standing room only" they'll hardly feel guilty for playing hooky.

A better solution is to try to track who's not showing up, figure out why, and then try to address the issue. Anecdotal evidence singles out young men as the most likely no-shows. After all, they didn't want to come in the first place. If a simple reminder doesn't work, try to call at least two days in advance of the appointment to confirm. An up-to-the-minute system that works particularly well for inner-city practices that cater to office workers is to collect patient e-mail addresses and send a reminder message that way. If you're one of the 3% of practices that's made the switch to electronic record keeping, you can arrange for a service that will automatically dial flagged patients and remind them of upcoming appointments. Though not yet widely used in Canada, such services in the US go for about $100 a month and are popular with many practices.

Another wrinkle that's on an upward swing south of the border is charging no-shows a fee. It's a tactic that would be hard to enforce in this country, where the charge can't be tacked onto a bill, but you can still dream. You could also try making the switch to same-day bookings (see "See patients sooner with same day scheduling", NRM March 30, 2006, Vol 3, No 6, Page 11).

TAKE WHAT'S YOURS
A myriad of services you commonly provide are either not covered in provincial compensation plans or, more commonly, are covered but physicians fail to bill. It's worth having a consultant come in every couple of years and check your practice habits against billing codes to make sure you're being paid for all of the chargeable services you perform — just $20 a week in missed charges adds up to over $1,000 in a year.

While you're at it, review your practice methods to see if there are perfectly legitimate, billable services that you're neglecting. Some of your colleagues are far more aggressive at billing every charge that could conceivably be covered than others. There's a fine line to draw here. Every province does random checks to make sure that charges are within the norms. It's up to you to decide how close to the line you want to play it, but it makes little sense to fail to do billable procedures or tests because you want to save the province a few bucks.

CUT COSTS
Watching support staff twiddle their thumbs with no work to do is an utterly frustrating sight. You can almost smell your money going up in smoke. If these staffers are paid by the hour, there's a simple solution — ask them if they'd like to leave early or take Friday off. You might be surprised at how eager they'll be to sacrifice money for more time off. It's a win-win proposition.

With salaried employees, it's a tad trickier to cut costs when there's a shortage of work. Talking frankly about reducing their hours and salary may get you somewhere, but ultimately you may come to some unpleasant conclusions and end up handing out pink slips. It's not uncommon for compassionate doctors to fritter away a healthy proportion of their practice's income on redundant support staff.

 

 

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