Transcript

From Private Practice to Hospital Setting

Dr. Bentz: We’re - we’ve always billed ourselves as a mom-and-pop entity. I have five children. My children would play on the floor, and my wife helped answer the phone, and it was a family medicine with a capital "F."

Trying to make money in the business of medicine actually did become much more difficult. I personally did not integrate or purchase an EMR - an electronic medical record - primarily because of cost.

You reach a point in your career, and there is an aging physician workforce. There are a lot of people in my shoes that are mid-fifties to mid-sixties, and they’re faced with a decision: “What do you want to do here now?”

Doctor: You’re gonna have to take it easy when you get home.

Dr. Bentz: An electronic medical record costs … $40,000 to $60,000. You need to - there’s a downtime from when you initially start using an electronic medical record. You’ll actually go slower because there’s a learning curve there that you have to - you have to get over. But the questions then becomes, “Does a person in that age group - do you take one that kind of indebtedness, watching what happens with medical reimbursement in general?” And medical reimbursement in general - you could ask - any doctor would tell you that that’s on a downward slope.