Looking at GI Practice Management Differently: Fortify the Business of Healthcare in the GI Practice (On-Demand) | November 2021-01-Reinforcing Structural Integrity In GI Practice

01-Reinforcing Structural Integrity In GI Practice_Chaudhry

Pdf Summary

In this presentation titled "Reinforcing the Structural Integrity in GI Practice," Dr. Sufiyan H. Chaudhry discusses various challenges faced by gastrointestinal (GI) practices. Financial challenges include reimbursement changes, a potential return of sequestration, increased penalties for MIPS, and the growing impact of cost on quality metrics. According to surveys, physician-owned practices are declining, with only 49.1% working for MD-owned practices in 2020 compared to 54% in 2018. There has also been an increase in the number of physicians working in practices with more than 50 doctors. Another challenge highlighted is occupational burnout, with studies suggesting that between 35% and 45% of clinicians experience high levels of burnout.<br /><br />Workforce shortage is another significant challenge in the GI practice landscape. Surveys and studies indicate the shortage of healthcare professionals, which may lead to increased workloads and decreased patient access to care. The presentation emphasizes the need to look at practice management differently and offers three areas to focus on: staffing dilemmas, infrastructure inspection, and communication.<br /><br />Attendees are encouraged to participate by answering poll questions, sharing their experiences, and asking questions. The presentation aims to provide insights and solutions to reinforce the structural integrity of GI practices, ensuring their sustainability and ability to provide quality care in the face of challenges.

Keywords

GI practice challenges

financial challenges

reimbursement changes

physician-owned practices

occupational burnout

workforce shortage

practice management

staffing dilemmas

communication

sustainability of GI practices