Clinical Business Framework Live Call - January 27

Jennie introduces the peer group @ 13:10

Jennie explained that the purpose of this peer group is to provide a collaborative space for the participants to learn from each other, troubleshoot challenges, and gain a deeper understanding of their independent practices. She emphasized the goal of making data-driven, intentional business decisions rather than relying on gut instinct.

Florence's practice overview @ 16:47

Florence shared that she started her solo neurology practice in the midst of the pandemic in 2020, after previously working in a multi-specialty practice for 10 years. She is now looking to expand her practice by hiring additional physicians and growing her service offerings.

Vineka's practice overview @ 23:50

Vineka discussed the recent challenges with her psychiatry practice, including issues with her billing and bookkeeping. She is currently going through a valuation process and working to clean up her financial records and processes.

Diving into service lines and profitability @ 46:00

Jennie led a discussion on the importance of understanding the profitability of different service lines within the practices, such as procedures, provider visits, and ancillary services. She challenged the participants to select one service line to analyze in depth over the next month.

Coding and billing discussion @ 1:07:22

The group discussed the use of the G2211 code for chronic care management, including the appropriate modifiers and billing considerations. Vineka and Florence shared their experiences with this code and other billing-related topics.

Next steps and communication @ 1:14:26

Jennie outlined the next steps, including providing a template spreadsheet for the participants to analyze their service lines. She also discussed the preferred communication method, deciding on using a WhatsApp group.