Guest: Dr. Molly O'Shea
Summary
1. **Current Practice Stress**: Discussion on the increased demand in pediatric practices, leading to burnout and reflecting on how current volumes are close to those in the busiest times before COVID-19.
2. **Financial Overview**: Chip provides data indicating increased billing charges align with high patient visit volumes, with a current cash flow concern where expenses and payments need re-evaluation.
3. **Encouragement from AAP**: Dr. Sandy Chung, AAP president-elect, acknowledges the hard work of pediatric providers during COVID-19 through an inspiring message.
4. **Practice Management Tips**: Strategies are discussed for managing large volumes of patients while maintaining high care quality, including tight scheduling and maximizing flu shot administration.
5. **Telemedicine and Financial Planning**: Encouragement to reintroduce telemedicine to manage workloads and advice on reviewing financial metrics like gross collection rates and planning inventory to maximize returns.
6. **Addressing Pediatrician Burnout**: Dr. Molly O'Shea provides methods to manage stress, such as setting boundaries, emotional regulation, recovery time, and ensuring an empathetic practice environment.
7. **Provider Compensation and Budgeting**: Future webinars promise to tackle critical issues such as provider compensation models, budgeting strategies, and hiring decisions between MDs and mid-level providers.
8. **Operational Updates**: Announcements about opportunities for HRSA funding applications, inventory management advice, and a reminder about changes in accounting rules coming in January 2022 regarding lease liabilities.