Ep. 392 How to Maximize Efficiency and Revenue with EMRs and Practice Management Systems with Dr. Paramjit "Romi" Chopra
Description
In this episode of the BackTable Podcast, host Dr. Ally Baheti and Dr. Paramjit “Romi” Chopra discuss the processes involved in successful interventional radiology practice management. Dr. Chopra is an interventional radiologist practicing in Chicago, IL. He is the founder and CEO of Midwest Institute for Minimally Invasive Therapies.
Dr. Chopra advises young IRs against going solo, and he suggests finding people who’ve done it before, to avoid “reinventing the wheel.” Dr. Chopra emphasizes the importance of adopting a patient-centered approach, building systems, developing business sense, and understanding risk. He shares his own experiences of building systems using Salesforce and explains the concept of ‘omni-channel healthcare delivery’. He particularly discusses the importance of patient, provider, and payer relationships, and he offers solutions for dealing with inherent complications. The episode also covers identifying the right electronic health record and developing an effective inventory management system.
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SHOW NOTES
00:00 - Introduction
05:41 - Shift from Academic Medicine to Entrepreneurship
09:40 - Patient-Centered Care in Interventional Radiology
11:13 - Challenges of Starting an Independent Practice
17:49 - Role of Electronic Health Records (EHRs) in Modern Healthcare
26:15 - Challenges of Implementing EHRs in Interventional Radiology
35:30 - Misconceptions about Outpatient Based Labs (OBLs)
37:01 - Understanding the Payer System
38:19 - Challenge of Insurance Coverage
51:43 - Practice Management Companies
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RESOURCES
MIMIT Healthcare:
https://mimithealth.com/physicians-executives
The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E. Gerber:
https://a.co/d/2TuGpTn
AdvancedMD Cloud Based EMR:
https://www.googleadservices.com/pagead/aclk
Athena Cloud Based EMR:
https://www.athenahealth.com/landing/athenaclinicals
CIMSS Management Services Organization (MSO):
https://www.cimss.com/
Salesforce:
https://www.salesforce.com/
In this episode, Dr. Amit Srivastava discusses the transformation of peripheral interventional practices through radial access techniques, emphasizing reduced complication rates, the extensive range of devices now available, and the option for same-day discharge.
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