Why use a virtual practice?

Why use a Virtual Practice

Time saving

When you run your own practice, no matter how well you set up, and how efficiently on your practice runs, you will spend a significant amount of time running it and troubleshooting. Using a medical /surgical practice management company will free you up when you are not seeing patients, and this has a positive impact on your work life balance.

Worry Free

When using virtual practice management system, you do not have the usual headaches of running your practice, e.g. hiring and firing, staff litigation, work cover issues, conflict resolution, etc. All you have to worry about is your patients.

Cost Effective

The biggest advantage of using a practice management company is cost saving, compared to running your practice. Many specialists have the dream of having a practice, and this is partly because of the impression that they will be pocketing more of their billings. In fact, quite the contrary is true. Setting up and running your own practice, is a costly exercise.

Costs include but are not limited to:

Building leases
Legal costs
Practice set up costs
Wages and costs of employment
IT and software
Telecommunications
Medical software and subscriptions
Unexpected costs eg. Staff leaving, recruitment and retraining, computer breakdown, legal expenses

Convenience

Virtual practice management offers the convenience of being able to practice at multiple sites, while having one centralized point of contact for all your practice sites and one patient database.

Your practice, your company

You run your practice the way you want to. This contrasts to joining a group practice, where you might not have as much say on how you run your practice, and which referrals are passed on to you.