By: Jeff Cohen
Okay campers, rise and shine, and don’t forget your booties cause it’s cold out there…it’s cold out there every day—Phil Groundhog Day
It may seem like the only thing that changed January 1st was a tick of a clock…and it’s pretty understandable in healthcare, since we’ve all been on the same trajectory for several years now—declining reimbursement and strategies to reduce overhead, enhance contracting rates and develop new income streams. What’s that mean? New medical practice development, existing practices reconsidering overhead and profits allocation as partners retire, ancillary revenue streams (e.g. pharmacies) and the enhanced emergence of niche providers (especially in the drug and alcohol treatment space).