Re:You Can Thank Private Equity for That Enormous Doctor's Bill
by resource_waste on Thursday May 30, 2024 @10:44AM
(#40524386)
>My SO is a Doctor, and most of her overhead is from paperwork, billing, and IT.
We own a clinic too.
You either are lying because labor is over 60% of the overhead, or you don't have labor.
Anyway, there is not much to complain about. We can be terrible business owners and overhire, and we still are profitable. The margins are insane on private healthcare and breakeven on medicaid.
The losers are patients, especially private paid patients. Medicaid patients often end up with significantly more treatment since its free.
We own a clinic too.
You either are lying because labor is over 60% of the overhead, or you don't have labor.
Anyway, there is not much to complain about. We can be terrible business owners and overhire, and we still are profitable. The margins are insane on private healthcare and breakeven on medicaid.
The losers are patients, especially private paid patients. Medicaid patients often end up with significantly more treatment since its free.