Over the last few years, the medical industry has seen many consolidations as notable physician medical groups have acquired or merged with smaller private practices at an alarming rate. While joining a big-name hospital may seem appealing on the surface, these medical group mergers have decreased competition and left control of the industry in the hands of a select few.
Technological advances in the last decade have allowed medical practices to operate more efficiently, professionally, and profitably than ever before. Over the years, KASPAR Practice Management has utilized this technology to help private health facilities streamline, simplify, and improve their overall operations. We remain committed to this mission of helping independent practices grow, and it’s why we’re refining our focus to better serve our franchisees, their practices, and their patients.
The entrepreneurial journey of opening a private medical practice can be a complex one. While there are countless surgeons, physicians, and dentists who go through several years of school before settling into their chosen field, others choose to open their own medical practice. And regardless of how you begin running a healthcare facility, it’s crucial to continue to grow your patient base and your clinic.
One of the most important aspects of running a successful private medical practice is patient retention. Some practices focus on generating new patient leads and don’t put enough effort into maintaining their current patients. While gaining new patients is a wonderful thing, you should never forget the power of having loyal patients. Some patient loss is unavoidable, but there are steps you can take to improve your patient retention rate.
The role that private medical practice management plays is a crucial one. It can provide the necessary support, assistance, resources, and education to allow physicians to commit their time to patient care instead of administrative duties. In fact, it’s estimated that for every minute a physician devotes to caring for a patient, they spend two minutes on record keeping and other responsibilities. (more…)
Thinking of opening a private practice? In a time when hospitals are trying to absorb privately-owned medical businesses and franchises, it’s more important than ever to open one. Medical clinics are convenient for patients, are usually conveniently located, and place a large importance on human interaction and care. (more…)
Several years ago, our founders, Dr. Samer Kassar, a board-certified neurologist, and David Pareja, an experienced and expert medical operations professional, realized there was a dire need for the responsible, efficient, and effective management of private medical practices in Indiana, Illinois, Michigan, and Wisconsin. (more…)
Providing the best patient care is the primary responsibility of any physician. But for private practices, the challenges of running a business can not only be difficult, but they can even lead to a reduction in the quality of care that patients receive. (more…)
Whether it’s mounting paperwork, confusing and onerous billing systems, stringent insurance policies, or avoiding liability, running a private medical practice is no easy feat. Thankfully, KASPAR Practice Management has the tools necessary to streamline your practice and provide more opportunities for business growth. (more…)
Over the past year, our KASPAR Practice Management system has proven itself over and over again, pleasing private doctors, medical staffs, and patients across the United States. When an existing medical clinic transitions to a franchise for private physicians and entrepreneurs, it does more than increase operational efficiency—it associates with a successful system and a national brand.
Because of the testimonies and growing evidence that franchising increases efficiency within an existing private practice, the popularity of franchising is booming. Physicians within the KASPAR Practice Managment system appreciate the extent to which we listen to their feedback, as we maintain fully open and honest relationships with them and their staff. When lead doctors and medical staff feel that they can articulate themselves, and introduce new ideas, the satisfaction, synergy, and quality of their care only rises.
When surveyed, all doctors and staff at private clinics within the KASPAR Practice Management system emphasize the stimulating and motivating effects of cooperation. By directly responding to the needs of doctors and staff, we greatly reduce the chance of conflict between employees. New clinical policies can also be implemented and adopted more smoothly in a cooperative environment, allowing staff to focus on their care—not bureaucracy.
A franchise for private doctors will be most successful if it’s perceived to be more of a willing and equal partnership than a corporate hierarchy. Private medical clinics, overshadowed by the head of a larger medical branch, can often feel more like corporate subsidiaries than real autonomous practices. An equal relationship between a franchisor and a franchise brings the strength of both parties together.
Sharing of Latest Innovations
Once supported within KASPAR Practice Management, private doctors and clinics gain access to vendors, equipment, and medical technologies that give them an edge in their practice of medicine. Coupled with the physical technologies, our franchises employ the latest accounting and medical record software programs as well.
Doctors and medical staff express their gratitude, knowing that they can concentrate on services with the latest and most state-of-the-art equipment available to them. Our ongoing support gives clinics the optimization they deserve.
Private doctors or entrepreneurs who would like to learn more about franchising opportunities at KASPAR Practice Management can contact us at 219-200-2888.