Guest: Dr. Christoph Diasio
Summary:
1. The topic of discussion involves the utilization of mid-level practitioners (non-physicians) in medical practice.
2. Key discussion points include tax planning, budgeting, and managing HRSa phase four funding.
3. The recent unexpected funding from HRSA was a major focus, with tips on checking bank accounts for deposits.
4. The webinar reiterates the importance of cash flow management for practices, especially during unexpected financial events.
5. Different perspectives on the role of nurse practitioners and physician assistants in practice and how they can supplement physician care were discussed.
6. There was an emphasis on planning for projected changes in patient care needs and provider capacity, noting that the workload has become more complex in recent years.
7. The discussion also touched on compensation structures for both physicians and mid-level practitioners, aiming for effective and fair financial planning.
8. Tips were provided on maximizing the use of government funds, such as prepaying for vaccine invoices to optimize financial management and possibly reducing taxable income.