Health insurance companies are taking over the medical industry at an alarming rate. According to research, about 9 out of every 10 doctors are contracted with managed-care services or insurance companies, making it difficult for them to control their own operations or see patients who dont have the insurance coverage that the practice associates with. Since the recession and economic downturn, the rising number of uninsured patients has...more
When it comes to medical advertising, there are some very specific ground rules that must be followed at all times. Your cash only medical practice needs to advertise in order to attract those uninsured customers who are seeking better solutions for healthcare, but you must make sure that youre following the rules and guidelines that are set forth by state and federal regulating authorities at all times. The best way to start the process of...more
. It seems that in regards to the cash only medical practice, rural areas and large cities are ideal locations. Suburban towns, smaller cities, and areas where people are more financially stable prove to have better health insurance statistics, which eliminates the need for this kind of practice. The United States is the only nation that is wealthy and industrialized that does not have a universal public healthcare system. Because of this, more than 45 million Americans remain uninsured. The top cities where cash only medical practices would be successful, based on the cities with the least number of insured citizens, include:New York City: More than 1 million uninsured residents reside in the city proper, which is half of the states uninsured resident count. Phoenix, Arizona: Here, there are over 380,000 residents without health insurance, averaging out to about 1 in 4 residents. With the increasing population, this is an ideal setting for cash only medical practices. Dallas, Texas: As Texas leads the nation in uninsured residents with 25% of Texas residents uninsured, Dallas has a rate of 24% for residents without health insurance, which is about 312,000 residents or more. Los...more
There are plenty of benefits to be had in starting a cash-only medical practice. Whether you choose to do it for the ease of operation, the focus on patient-doctor relationships, or just to get back to the way that healthcare used to be, you can find many different things to appreciate about your new practice. When starting this type of operation,...more
The very utterance of Nigeria evoke mixed approaches; this most populous country in Africa, also the eighth most populous country in the world, has of late has emerged as one of the most visited tourist and business hubs. A member of the Commonwealth of Nations, Nigeria is listed among the Next Eleven economies. There are many plus points...more
Currently, there are about 45 million residents of the United States who dont have health insurance. This alone is reason enough to start a cash only medical practice. Its also a sure sign that youre more likely to be successful since so many people could use your services. Of course, in order to become a success you have to take your cash only medical practice seriously and understand how to start, incorporate, insure, staff, and market your practice effectively. Most people assume that doctors make a killing and have tons of free time to enjoy their riches, but you probably already know that this isnt the case. Whether youre making the change for financial reasons or simply because you want to get back to the basics of healthcare, youve chosen a good path. Cash only medical practices have a lot of different benefits for patients and physicians alike. You will have a lot less stress and paperwork to deal with because youll eliminate the insurance companies from your administrative to-do list. Youll also enjoy spending more time with patients and less time managing things because there will be less to deal with. Starting a cash only medical practice will allow you to...more
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Cash only medical practices are a popular topic as of late. These operations help medical professionals to avoid the hassles of a typical medical practice, including issues like:-HMOs-Malpractice premium increases-Overhead-Managed care-Socialized...more
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