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    A concierge physician's advice for battling burnout

    Editor's Note: Welcome to Medical Economics' blog section which features contributions from members of the medical community. These blogs are an opportunity for bloggers to engage with readers about a topic that is top of mind, whether it is practice management, experiences with patients, the industry, medicine in general, or healthcare reform. The series continues with this blog by John Kihm, MD, a full-time solo concierge internal medicine physician in Durham, North Carolina. The views expressed in these blogs are those of their respective contributors and do not represent the views of Medical Economics or UBM Medica.

     

    Acquiring a horse may be inexpensive or even free—then the expenses mount: vet bills, boarding, training, new equipment, not to mention all time dedicated to your new pet.  Similarly, your EHR may be cheap or free, then IT fees, hosting fees, hardware, update fees and user training all have to be paid for.  Now, imagine the government telling us we all need to buy a horse and keep it for life—great for the horse industry, but perhaps not for you. Horses and EHRs are expensive animals after purchase. More importantly, your irreplaceably precious commodity, time, overshadows all other EHR financial expenses. EHRs can absorb your valuable time, hurt your bottom line and lead to burnout and a tragically foreshortened career.(1, 2)

     

    RELATED: What can really be done to fix EHR woes?

     

    Balance your time and keep your priorities straight.  Stark figures warrant looking before leaping into EHR. If you haven’t already jumped, there may be a solution.Dr. Kihm  

    As a solo internist managing my own office, I make business decisions every day, and here’s how I see the EHR:  2.61 hours per day spent entering EHR notes and orders.(1) Assuming six weeks off per year, that’s a staggering 731 EHR hours, or three months of busy-work annually.  What’s that worth to you? Primary care doctors earn an average of $230,000 annually working an average of 45 hours per week, or roughly $100 per hour.(3)

    At that hourly rate, EHR costs you an eye-opening $73,100 annually in your time. This doesn’t even factor in actual EHR expenses, such as hardware, implementation, upgrades and maintenance, IT consulting time, licenses and office personnel overhead. If you earn more, the time-cost of EHR clerking increases proportionately. No, I do not own an EHR or horse, but I do like horses.

    Knowing your time and money costs will make for easy business and life decisions. What about Medicare penalties for not having an EHR? The math is simple: look at that total revenue, then subtract 4-9%. That’s the amount you will lose not adopting an EHR as part of MACRA/MIPS.  Your time cost will likely dwarf the penalty, but if time/costs penalties approximate, then add the thousands in hardware, software, tech and training fees to the time-money you are losing, not to mention the hours you work to pay that overhead. If you are a physician-employee working for a group or health system and are paid for EHR time (earning $100/hour to scribe), you may rather earn $100 per hour as a doctor, helping people, rather than as a clerical worker.

     

    POPULAR ONLINE: Top 11 advice physicians would give their younger selves

     

    Or, if you presently scribe after-hours, “donating” time to your employer and insurance companies, you may prefer to donate your time and money to charities. Life is short, though, so if you prefer typing versus practicing medicine, make that choice. Either way, prevent burnout by doing what you enjoy.

    Next: Good business decision foster happiness

     

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