New to the group/Money, Money...TO LAURA

[Guest guest]

Laura stated, ...generally there is the option to work

per diem at several hospitals to supplement your

income at your private practice.

 

What hositals offer this Laura?

 

David

 

 

--- heylaurag <heylaurag wrote:

 

>

>

> Hi Barb,

>

> I agree with your opinion about Medicare (it very

> easily will create

> the same headaches for us that doctors have), but at

> the same time it

> would open up many doors for us---opportunities to

> work at hospitals,

> for instance. If working at a hospital is an

> option, we don't have to

> immediately jump into a private practice right out

> of school, and if

> you want the security of a job with a regular

> paycheck its there.

> Also, generally there is the option to work per diem

> at several

> hospitals to supplement your income at your private

> practice. And,

> you don't have to take medicare patients if you

> don't want to.

>

> Laura

>

>

>

>

> Chinese Medicine ,

> " Barb "

> <bbeale@e...> wrote:

> >

> > The one person I know making 300K per year (or

> more, actually) is in

> L.A.

> > and is running 11 rooms. She has 3 assistants, a

> full-time billing

> person

> > and 2 receptionists. The deceiving factor to

> consider, however, is that

> > after taxes and overhead, she's taking home about

> 85K. Considering the

> > amount of work she does, the numbers of people she

> has to keep up, how

> > little " real " contact she gets with patients,

> etc., I'd rather have

> my 35

> > patients per week, 3.5 days of work per week, no

> employees (read; NO

> > HEADACHE), low overhead and come out about the

> same as her anyway.

> So, I

> > hope few are in a rush to starry-eyed envy over

> the 300K option.

> >

> >

> >

> > And as for Medicare, I want NOTHING to do with it.

> What a friggin'

> > nightmare. They restrict your practice, delay

> payment, pay little for

> > services and deny payment whenever they feel. I

> work with a

> chiropractor

> > who would give her eye-teeth to have never heard

> of Medicare. I'm sure

> > others would disagree. The obvious benefit for

> it, though, is that

> lots of

> > people could get helped by acupuncture if Medicare

> were to allow us on

> > board, but we would suffer personally and

> professionally in my opinion.

> > From a practitioner standpoint, you can see 50

> patients per week on

> Medicare

> > and make $30 per treatment, or 25 patients per

> week and make $60 per

> > treatment. We'd be jumping into the same frying

> pan the MDs did

> and end up

> > in their same inenviable spot with someone else

> running the shots and

> > running us ragged.

> >

> >

> >

> > _____

> >

> > heylaurag [heylaurag@h...]

> > Saturday, November 20, 2004 1:35 PM

> > Chinese Medicine

> > Re: New to the group/Money,

> Money...

> >

> >

> >

> >

> >

> > Hi All,

> >

> > I agree with just about everything I've read on

> this topic here. But

> > I'll add my 2 cents.

> >

> > I think the one thing that will push the

> profession forward faster

> > than we may even be ready for is Medicare/Medicaid

> reimbursement.

> > Once that happens hospitals and clinics will be

> highering us

> > everywhere so they can make money off us. WE WILL

> BE IN DEMAND. I

> > don't know how that is going to happen though,

> especially in this

> > current climate of Republican dictatorship. I'd

> really like to get

> > more involved in strategizing how to make that

> happen actually.

> >

> > I think that the difficult financial reality of

> our profession hurts

> > our profession in a number of ways, including: 1.

> we have no choice

> > but to work for ourselves right out of college

> rather than working

> > under someone (like at a hospital), therefore many

> of us new-comers

> > probably aren't as skilled as we eventually will

> be. Consequently more

> > people get poor results with acupuncture, and 2.

> We are desperate for

> > patients to keep coming back, and that desperation

> may motivate some

> > to be less than noble in how they practice.

> >

> > I continued to work as a social worker while in

> school and then during

> > the first 8 months after I opened my clinic. I

> definitely think that

> > if you have work that you can do part-time and

> make a decent living at

> > and TCM is a passion for you, you probably will

> not regret studying

> > TCM. I absolutely love what I'm doing, and that

> is more than worth

> > being poor to me (although I do hope that I don't

> remain poor).

> >

> > I want to know how these people making $300,000 a

> year are doing it.

> > Anyone on this board in that category, and if so,

> do you have any

> > advice for us?

> >

> > Laura

> >

> >

> >

> >

> >

> >

> > --- In

> Chinese Medicine ,

> " Attilio

> > D'Alberto " <attiliodalberto> wrote:

> > >

> > > Hi,

> > >

> > > I agree with you here. Many students are

> airy-fairy, head in the

> sky and

> > > don't see the practical side to doing the

> business modules in their

> > course.

> > > Actually, these business modules are very very

> useful. As there are

> > no jobs

> > > in TCM, most graduates are forced to open their

> own clinics. A good

> > > understanding of business management, marketing

> and accountancy are

> > > absolutely essential otherwise your doomed to

> fail.

> > >

> > > Attilio

> > >

> > > My education included the same 45 hour class and

> it wasn't very

> > thorough.

> > > What was interesting, though, is that many of

> the people in the

> > class took

> > > it very lightly, almost as if it were a joke. I

> wanted about 3 more

> > > classes, including one on insurance billing,

> accounting and marketing.

> > > Anyway, I took the one class very seriously and

> created a business

> > plan that

> > > I put to use to the letter with good results.

>

=== message truncated ===

 

 

 

 

 

 

Meet the all-new My - Try it today!