Lauren Patrick | The Grass Might Not Be Greener: Exploring Different Practice Models | Episode 51

Navigating Healthcare Practice Models with Lauren Patrick

In this episode of the Transforming Healthcare Podcast, we dive into various healthcare practice models with Lauren Patrick, Principal and Founder of Prosperis Consulting. Lauren discusses the key differences between independent medical practices, hospital-owned practices, private equity-owned practices, and telehealth-only practices. She highlights the challenges and opportunities within each model, offering valuable advice for new graduates and practicing healthcare professionals who are considering different career paths. Don't miss her insights on revenue cycle management, leadership skills, and the impact of private equity on patient care. Tune in for expert advice on optimizing healthcare practices and navigating the complexities of the healthcare industry.

00:00 Introduction and Guest Introduction
02:05 Different Types of Medical Practices
05:58 Advice for New Healthcare Graduates
09:24 Challenges in Independent Practice
10:47 Revenue Cycle Management Issues
20:59 Impact of Private Equity in Healthcare
25:00 Value-Based Care and Final Thoughts
28:09 Conclusion and Contact Information

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