Where Have All the Referrals Gone? [Practice Perspective]

Consolidation, as well as COVID, has been one of the biggest disrupters in healthcare for private practices.  Private/Independent practices have to find a way to get bigger or find a niche in order to grow their practice. The consolidation affects the flow of patient referrals a private practice needs to stay in business. 

In this episode, host Jennifer Thompson chats with  Dr. Charles Thompson, a practicing independent physician with Vascular Specialist of Central Florida about the state of being a private, independent practice and the challenges they face in today’s healthcare environment.

Tune in to discover:

• Tell us a bit about your history as a practice and why you've decided to remain independent. 
• Being independent allows you to remain nimble, but what are some of the other benefits you've seen for you as providers and for your patients? 
• What changes have you noticed in terms of your referral patterns? When did you notice these?
• How have you adapted to these shifts in your referrals? 
• What's the solution here? What have you seen that really has worked or not worked in terms of retaining or generating new referrals? 
• What advice do you have for other practices experiencing similar shifts throughout the nation? 
• What are some of the other key challenges you face as the last large private vascular group in your region?
• Why do you remain private? What are the benefits here for you?  
• If you could offer one piece of advice or one takeaway for listeners, what would it be?