Chip & Paulie Webinar 18 (November 19, 2020)

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Chip & Paulie Webinar 18 (November 19, 2020)
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Chip & Paulie Webinar 18 (November 19, 2020)

Summary: Dr. Lisa Nowell and her partners transitioned from a Manhattan hospital clinic to opening Manhattan Valley Pediatrics during the height of the COVID-19 pandemic in April, overcoming numerous challenges including lack of access to traditional facilities and supplies. They creatively operated out of residential apartments, using personal and borrowed resources, and engaged patients via social media and telemedicine, highlighting the importance of adaptability and community support. Their advice for new practices includes leveraging help, being persistent with administrative hurdles, and embracing new methods such as social media and telemedicine for patient engagement.

Guests: Dr. Lisa Nowell & Dr. John Vanchiere

Download Slide Deck Here

1. Chip & Paulie talk about budgeting and cash flow concerns for practices in the upcoming months.

2. Emphasis on the importance of balancing provider protection with financial realities.

3. Featured guest Dr. Lisa Nowell shares her experience of opening a new pediatric practice in Manhattan during the pandemic.

4. Dr. Nowell and team resorted to using residential apartments as makeshift clinics due to halted construction.

5. Importance of leveraging social media and telemedicine for patient engagement highlighted.

6. Discussion about the potential impacts and administrative challenges of capitation.

7. Insight from Dr. John Vanchiere on infection control measures and the necessity of open communication within practices.

8. Encouragement to plan meticulously for financial stability, including end-of-year tax considerations related to the Paycheck Protection Program (PPP).

 

Picture of Paul Vanchiere, MBA

Paul Vanchiere, MBA

For over 15 years, Paul has dedicated himself exclusively to addressing the financial management, strategic planning, and succession planning needs of pediatric practices. His background includes working for a physician-owned health network and participating in physician practice acquisitions for Texas's largest not-for-profit hospital network, giving him a distinctive insight into the healthcare sector. Paul is adept at conducting comprehensive financial analysis, physician compensation issues, and managed care contract negotiations. He established the Pediatric Management Institute to offer a wide range of services tailored to pediatric practices of all sizes and stages of development, with a focus on financial and operational challenges. Additionally, Paul is actively involved in advocacy efforts to ensure healthcare access and educational opportunities for children with special needs.

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