The changes to medical reimbursements like MACRA, MIPS, and APMS are looming, and doctors are starting to feel the strain of worrying about it. Everything is uncertain and looks overwhelming, which makes fear all the more common. Some doctors panic, while others put their heads in the sand and hope the changes won’t bother them. Neither of these are the right approach, because there are answers to your problems. You don’t have to give into F.E.A.R.
First, what do I mean by F.E.A.R.? It’s a handy acronym meaning “False Events Appearing Real” and describes exactly what is contributing to all your worries about the future. Think about it: like the switch to ICD-10, the rise in Ebola, and the Y2K bug, most of the changes we either individually or collectively worry about never even affect us the way we thought. You are far more likely to have a serious accident in your home than suffer from many of the calamities people worry about.
In fact, statistically-speaking, your own stairs are homicidal maniacs and likely to cause you lasting damage, yet you’ve learned how to navigate them safely and even make them a part of your life. It may not seem like it, but you can do the same with the coming changes in medicine. There are answers for all your concerns that can enable you to succeed and thrive in your practice.
Ultimately you need two things: Information and strategies. The Virtual Practice Management Institute (VPMI) program provides both.
Information offers insight into what your practice is doing well, and where it’s missing the mark and costing you money. More than that data, though, you need a “roadmap” or analysis to show you how this data affects you and what you can do to change things. The Virtual Practice Optimization (VPO) analysis provides you with just that. Every month you get data on dozens of metrics to show you exactly how you’re doing, where you’re succeeding, and where you can improve.
But data isn’t enough on its own. You need strategies and tactics, coaching and mentoring to allow you to take that information and act on it. As with anything, folks that take action to do the things they need to do and make the changes they need to make will be more successful than those who do nothing. That’s where the Practice Management Institute (PMI) program comes in. Every month you get in-depth coaching to equip you to make efficient and effective management changes in your practice.
You might be thinking the coming changes to compensation models are going to hurt you. Or you might be thinking that you’ll not only survive them, you’ll thrive in them. Either way, you’re probably right! What will make the difference for you is your attitude, your mindset, your practice management, and particularly your practice marketing. The VPMI program is designed to solve those problems for you. As Eric Hoffer says in my favorite quote, “In times of change, the learners will inherit the earth, while the knowers will find themselves beautifully equipped to deal with a world that no longer exists.”If you’re struggling with F.E.A.R. about the coming changes, be a learner. To find out more about the Virtual Practice Management Institute, check out the dedicated area on our website, or contact us for more information. You can call (717) 725-2679 or e-mail [email protected].