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The Fastest Way to Boost Your Income in Today’s Health Marketplace

The current standard fee-for-service model for primary care practices is simply not working financially.

Reimbursement rates are declining while fixed expenses, such as malpractice insurance, are increasing. Primary care physicians, on average, earn half of what physicians earn in specialties such as radiology, orthopedics, cardiology, and anesthesiology. As a result, the majority don’t feel they are fairly compensated.

At PersonalMD, we use a four-pronged approach to increase your earnings while actually decreasing the time you work.

1. Basic Membership Model

Patients pay a monthly, quarterly or annual membership fee, which covers many of the common services provided by the physician in the office. The fees are the same regardless of how much, or how little, healthcare services the member receives. These fees may, or may not, cover all office visits and other services provided by the practice. They normally do not cover referrals to specialists, hospitalizations, etc.

2. Supplemental Income

PersonalMD offers physicians the opportunity to earn additional income by offering supplemental treatments and programs, such as Micronutrient Testing (MNT), hormone therapy, weight loss, age management, and more.

3. Telemedicine

Our proprietary Tele-Medicine PMD™ program allows you to further expand your patient panel and your income without increasing your office hours! You’ll enjoy the convenience of being able to meet with patients and transmit vital information electronically.

 

4. Build Business Value

Our practice model has also been shown to consistently build the value of a practice so that the physician has a valuable asset that he or she can sell to help fund their retirement.