74. Why Physicians Under-Bill By 20% And How To Stop

In this conversation, Kyle Sherritt (Vice President of Sherritt Services) discusses the evolution of medical practice in Canada over the past 25 years, highlighting the shift from a matriarchal management structure to self-management by physicians and a distributed command amongst team members. He emphasizes the role of technology in modernizing clinic operations and introduces the concept of virtual fractional Medical Office Assistants (MOAs) as a solution to administrative challenges. The discussion also covers the importance of effective billing practices, the financial implications of using professional billing services, and the varying income potential for physicians across different provinces in Canada.

Hosted by Dr Jordan Vollrath and produced by Cherry Health

00:00 Guest Introduction
01:27 Evolution of Medical Practice Management
04:11 Modern Administrative Structures in Clinics
06:45 Impact of Technology on Clinic Operations
10:09 The Role of Virtual Fractional MOAs
14:10 Cherry Health
17:58 Operational Considerations for Virtual MOAs
25:09 Privacy and Security in Virtual Healthcare
28:43 Current Trends in Medical Billing
29:07 Family Physician Payment Models Across Canada
36:29 Maximizing Physician Income Through Effective Billing
36:31 Cherry Health
49:20 Choosing the Right Province for Medical Practice
53:57 The Purpose Behind Choosing a Medical Career

Sherritt Services Inc. is a long-standing player in the Canadian healthcare administration space, with a history and service offering that directly reflect the evolving needs of medical and dental practices. Founded in 1997 in Alberta, the company has grown from a provincial billing service to a pan-Canadian administrative support provider, now serving both medical and dental clinics across the country.

Connect with us!
Kyle Sherritt on LinkedIn: https://www.linkedin.com/in/kyle-sherritt-3920558b/
Dr Jordan Vollrath on LinkedIn: https://www.linkedin.com/in/jordanvollrath/
Sherritt Services on LinkedIn: https://www.linkedin.com/company/sherritt-services-inc/

Learn more:
Find out about Cherry Health's medical and healthcare recruiting solutions: https://ca.cherry.health/
Get clinic support from Sherritt Services administration and billing personnel: https://www.sherrittservices.ca/

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