Profitability of Using Physician Assistants in a Medical Practice

 

It’s a noble profession no doubt, but if medical practitioners need to stay in business, they have to look at the business side of their practice too. And one way to do this without affecting their patients in any adverse way is to hire the services of physician assistants. They’re sometimes as doctors, they don’t cost as much to hire, and they’re great substitutes for times when you have to be out of the office. The profitability of using physician assistants in a medical practice can be seen through:

 

  • Improved Efficiency: Your practice becomes more efficient because you can hire a larger number of physician assistants (PA) instead of a few doctors. PAs are not as expensive to hire as doctors are and most of them are versatile and some with their own specializations. Doctors can rest assured that their patients are in the best care possible when they’re not around to handle their complaints. Also, statistics show that patients, if they have to be treated by a non-physician practitioner, prefer a physician assistant to a nurse practitioner, clinical nurse specialist and certified nurse midwives.
  • Decreased workload: Capable physician assistants allow doctors to reduce their workloads and thus become more efficient and less prone to errors in the process. They can perform activities ranging from treating patients to assisting in surgeries if they are so qualified. They are also allowed to work in emergency rooms and provide trauma care.
  • Continuity of treatment: Physician assistants are a great benefit when it comes to dealing with patients who require long term and continued care that necessitate regular follow-up treatments, like those who have diabetes and high blood pressure. Doctors are free to attend to tasks that are more complicated and that require more attention. 
  • Increased patient satisfaction: Patients are more satisfied with the care provided because they don’t have to suffer long waiting times in crowded rooms. They also benefit from seeing a qualified care provider any time they visit the healthcare facility instead of having to wait for hours or come back at a later time.
  • Expanded Practice: As a natural consequence of all the above, your practice is bound to do well and extends opportunities for expansion with a subsequent increase in profits.

 

According to data from the American Academy of Physician Assistants, you incur an average of 28 cents in costs for every dollar of charges a primary care PA generates for any practice. Your expenses go up to 32 cents if you’re looking for a surgical PA, but that’s still a huge savings for you and your practice.

 

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This article is contributed by Sarah Scrafford, who regularly writes on the topic of online radiography schools. She invites your questions, comments and freelancing job inquiries at her email address: sarah.scrafford25@gmail.com.