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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