Search the Community
Showing results for tags 'revenue'.
Found 4 results
When it's all said and done, how much of the cash I'm bringing in should I expect to get back in wages, productivity, etc.? I'm seeing ~10 patients a day on average in family practice and my current wages/productivity represent about 1/3 of everything I bring in. The problem is that I still don't feel like I'm compensated very well. I really need to be seeing 15-20 peeps a day, I know, but how much more can I ask for in the mean time? 40% of what I bring in? 50%?
I am a new grad and came across the following proposal after interviewing for an ENT position in North Carolina: PROPOSAL OF TERMS FOR EMPLOYMENT ---------------------------------------------------------------------------------------------------- WORK SCHEDULE: 5 DAY WORKWEEK 8 AM – 5 PM, LUNCH 12-1 PM. PA WILL BE ASSIGNED PATIENTS BY THE PRACTICE WITH GOAL OF MAXIMIZING PHYSICIAN AND PA PRODUCTIVITY AT THEIR LEVEL OF EXPERTISE/KNOWLEDGE. THE PHYSICIAN WILL MENTOR THE PHYSICIAN ASSISTANT UNTIL HE/SHE GAINS APPROPRIATE SKILLS/COMPETENCY TO WORK INDEPENDENTLY SALARY: $90,000 PER YEAR PAID IN MONTHLY INCREMENTS BONUS: PRODUCTIVITY BONUS BASED ON 40% OF PHYSICIAN ASSISTANT-GENERATED INCOME OVER $200,000. BENEFITS: THREE WEEKS PAID VACATION PER YEAR (INCLUDES 5 PAID HOLIDAYS), PAID SICK AND/OR CONTINUING MEDICAL EDUCATION LEAVE (5 DAYS); AND CME/ANNUAL DUES/LICENSURE $3000 ANNUAL ALLOWANCE RETIREMENT PLAN (SIMPLE IRA) AFTER ONE YEAR OF EMPLOYMENT (3% MATCH) MALPRACTICE INSURANCE PAID BY THE PRACTICE ON-CALL (FIRST CALL): 5 WEEK NIGHTS PER MONTH, 1 WEEKEND PER MONTH NON-COMPETE RESTRICTION: AFTER ENDING EMPLOYMENT WITH THE PRACTICE, PA WILL NOT SEEK EMPLOYMENT WITH AN ENT OFFICE LOCATING IN NEIGHBORING COUNTIES FOR A PERIOD OF ONE YEAR. IN ADDITION TO SEEING PATIENTS IN CLINIC AND BEING ABLE TO PERFORM CLINIC PROCEDURES, THE PA WILL BE ASSIGNED PRE-OPERATIVE VISITS, POST-OP VISITS AND SUTURE REMOVALS WHERE MINIMAL INPUT FROM PHYSICIAN IS NEEDED, AND MAY BE RESPONSIBLE FOR HOSPITAL DISCHARGES. WHERE REIMBURSABLE, THE PHYSICIAN ASSISTANT WILL BE GIVEN THE OPPORTUNITY TO ASSIST IN THE OPERATING ROOM ON CASES. *The offer does not include medical benefits I have a few offers on the table and I have yet to come across this type of offer. I am very intrigued but also a bit nervous about the possibility it may not work out as I am the first mid-level that this provider has hired. The productivity bonus: I keep 40% of all revenue over 200K that I bring into the clinic. Can someone please give me some guidance?
Hello, I am a relatively new PA in the area of neurology, having graduated from Midwestern Chicago in 2012. My knowledge of legal boundaries of a PA in colorado (and in general) have been somewhat limited based on my being the first PA in my private practice. I have a specific question and was hoping you can steer me in the right direction. There is a Primary care office in our area who recruits specialists (e.g. endocrinologists, neurologists) to provide a "curbside" type consult for cases remotely. They will have specialists review charts and give recommendations for these patients on a fee for service basis. My question is simple. Can Physician Assistants provide this kind of service from a legal standpoint, if I have a supervising physician sign off on my work? I have a very specific niche in headache (though I do see general neurology patients), and this specific field could be a useful tool to provide additional stream of income. This practice would use a secure server to allow me to review the charts of the patients, read over their history medications, etc... and provide recommendations for treatment of their headache syndromes (or, in theory, other neurologic disorders). This is without seeing the patient at all. I would charge a flat fee for providing this service, and my supervising physician in my office would sign off on my work. Is this possible, and who could I talk to more about this from a logistical standpoint? Thank you for your time. Jordan
I'm interested in helping fellow PA's, who own their own business, increase practice revenue. I've been a PA for 15 years. In 2008, I started my own allergy practice, specifically offering allergy-skin testing and sublingual immunotherapy. During my 5 years of practice ownership, the patient outcomes and practice revenue were both excellent. So, two years ago, after finishing my MBA degree, I launched Allergy Solutions, Inc. to help other practices implement and manage their own allergy program. My company has many practice clients who we've helped to offer better allergy care for their patients, retain patients in their practice and increase practice revenue. I know first hand the challenges of owning and managing a practice. I designed Allergy Solutions, Inc. to be an efficient, profitable, low-maintenance addition to a busy practice. Please feel free to call or email me if you would like to discuss adding allergy services to your PA-owned primary-care, urgent care, ped's, Int med or ENT practice. Best regards, Neil Smith, PA-C, MBA AllergySolutionsinc.com