Skip to content
  • About
  • Contact
  • Contribute
  • Book
  • Careers
  • Podcast
  • Recommended
  • Speaking
  • All
  • Physician
  • Practice
  • Policy
  • Finance
  • Conditions
  • .edu
  • Patient
  • Meds
  • Tech
  • Social
  • Video
    • All
    • Physician
    • Practice
    • Policy
    • Finance
    • Conditions
    • .edu
    • Patient
    • Meds
    • Tech
    • Social
    • Video
    • About
    • Contact
    • Contribute
    • Book
    • Careers
    • Podcast
    • Recommended
    • Speaking

How doctors are losing money every time a patient pays a bill [PODCAST]

The Podcast by KevinMD
Podcast
January 30, 2021
Share
Tweet
Share
YouTube video

“A practicing anesthesiologist for the past 14 years, when COVID hit, and the ORs came to an abrupt halt, I needed to occupy my mind. An opportunity to learn about the business behind running a practice came to me via a good friend who is a founding member of an award-winning Fintech on a mission to make a change in the credit card processing industry. I was stunned to learn about the questionable practices common in this industry. Medical education does not include business training, leaving us particularly vulnerable – no matter how great our office manager! I’ve seen first-hand how a little knowledge can yield significant savings in time and money. Here are the basics about what we, as doctors, should know.”

Jennifer Mogan is an anesthesiologist and account executive, Park Place Payments.

She shares her story and discusses her KevinMD article, “How doctors are losing money every time a patient pays a bill.”

Did you enjoy today’s episode?

Please click here to leave a review for The Podcast by KevinMD. Subscribe on your favorite podcast app to get notified when a new episode comes out!

Do you know someone who might enjoy this episode? Share this episode to anyone who wants to hear health care stories filled with information, insight, and inspiration.

Hosted by Kevin Pho, MD, The Podcast by KevinMD shares the stories of the many who intersect with our health care system but are rarely heard from.

Prev

It's time to curb rising C-section rates in Canada

January 30, 2021 Kevin 0
…
Next

A frontline physician's experience with a COVID patient

January 31, 2021 Kevin 0
…

Tagged as: Practice Management

Post navigation

< Previous Post
It's time to curb rising C-section rates in Canada
Next Post >
A frontline physician's experience with a COVID patient

ADVERTISEMENT

More by The Podcast by KevinMD

  • Remote second opinions bridge the gap in rural cancer survival [PODCAST]

    The Podcast by KevinMD
  • Smart design choices improve patient care outcomes [PODCAST]

    The Podcast by KevinMD
  • Medical expertise does not prevent caregiving grief [PODCAST]

    The Podcast by KevinMD

Related Posts

  • Doctors: It’s time to unionize

    Thomas D. Guastavino, MD
  • Losing my first patient

    Allie Poles
  • Losing a patient in an emergency

    Ton La, Jr., MD, JD
  • That time my patient swallowed an entire bag of crack

    Debbie Moore-Black, RN
  • Making time for patient advocacy is more important now than ever

    Bonnie Friedman and Sara L. Merwin, MPH
  • A perk of Medicare for all: More time for doctors and patients

    Rani Marx, PhD, MPH and James G. Kahn, PhD

More in Podcast

  • Remote second opinions bridge the gap in rural cancer survival [PODCAST]

    The Podcast by KevinMD
  • Smart design choices improve patient care outcomes [PODCAST]

    The Podcast by KevinMD
  • Medical expertise does not prevent caregiving grief [PODCAST]

    The Podcast by KevinMD
  • Stopping medication requires as much skill as starting it [PODCAST]

    The Podcast by KevinMD
  • Blaming younger doctors for setting boundaries ignores the broken system [PODCAST]

    The Podcast by KevinMD
  • Waking up at 4 a.m. is not required for success [PODCAST]

    The Podcast by KevinMD
  • Most Popular

  • Past Week

    • My wife’s story: How DEA and CDC guidelines destroyed our golden years

      Monty Goddard & Richard A. Lawhern, PhD | Conditions
    • The hidden costs of the physician non-clinical career transition

      Carlos N. Hernandez-Torres, MD | Physician
    • The gastroenterologist shortage: Why supply is falling behind demand

      Brian Hudes, MD | Physician
    • Health care as a human right vs. commodity: Resolving the paradox

      Timothy Lesaca, MD | Physician
    • Why private equity is betting on employer DPC over retail

      Dana Y. Lujan, MBA | Policy
    • Why voicemail in outpatient care is failing patients and staff

      Dan Ouellet | Tech
  • Past 6 Months

    • Physician on-call compensation: the unpaid labor driving burnout

      Corinne Sundar Rao, MD | Physician
    • How environmental justice and health disparities connect to climate change

      Kaitlynn Esemaya, Alexis Thompson, Annique McLune, and Anamaria Ancheta | Policy
    • Will AI replace primary care physicians?

      P. Dileep Kumar, MD, MBA | Tech
    • A physician father on the Dobbs decision and reproductive rights

      Travis Walker, MD, MPH | Physician
    • What is the minority tax in medicine?

      Tharini Nagarkar and Maranda C. Ward, EdD, MPH | Education
    • Why the U.S. health care system is failing patients and physicians

      John C. Hagan III, MD | Policy
  • Recent Posts

    • Social work accountability: the danger of hindsight bias

      Gerald Kuo | Conditions
    • When diagnosis becomes closure: the harm of stopping too soon

      Ann Lebeck, MD | Physician
    • Celiac disease psychiatric symptoms: When anxiety is autoimmune

      Carrie Friedman, NP | Conditions
    • Prostate cancer screening limitations: Why PSA isn’t enough

      Francisco M. Torres, MD | Conditions
    • From flight surgeon to investor: a doctor’s guide to financial freedom

      David B. Mandell, JD, MBA | Physician
    • Why perimenopause feels like losing yourself

      Claudine Holt, MD | Conditions

Subscribe to KevinMD and never miss a story!

Get free updates delivered free to your inbox.


Find jobs at
Careers by KevinMD.com

Search thousands of physician, PA, NP, and CRNA jobs now.

Learn more

Leave a Comment

Founded in 2004 by Kevin Pho, MD, KevinMD.com is the web’s leading platform where physicians, advanced practitioners, nurses, medical students, and patients share their insight and tell their stories.

Social

  • Like on Facebook
  • Follow on Twitter
  • Connect on Linkedin
  • Subscribe on Youtube
  • Instagram

ADVERTISEMENT

ADVERTISEMENT

  • Most Popular

  • Past Week

    • My wife’s story: How DEA and CDC guidelines destroyed our golden years

      Monty Goddard & Richard A. Lawhern, PhD | Conditions
    • The hidden costs of the physician non-clinical career transition

      Carlos N. Hernandez-Torres, MD | Physician
    • The gastroenterologist shortage: Why supply is falling behind demand

      Brian Hudes, MD | Physician
    • Health care as a human right vs. commodity: Resolving the paradox

      Timothy Lesaca, MD | Physician
    • Why private equity is betting on employer DPC over retail

      Dana Y. Lujan, MBA | Policy
    • Why voicemail in outpatient care is failing patients and staff

      Dan Ouellet | Tech
  • Past 6 Months

    • Physician on-call compensation: the unpaid labor driving burnout

      Corinne Sundar Rao, MD | Physician
    • How environmental justice and health disparities connect to climate change

      Kaitlynn Esemaya, Alexis Thompson, Annique McLune, and Anamaria Ancheta | Policy
    • Will AI replace primary care physicians?

      P. Dileep Kumar, MD, MBA | Tech
    • A physician father on the Dobbs decision and reproductive rights

      Travis Walker, MD, MPH | Physician
    • What is the minority tax in medicine?

      Tharini Nagarkar and Maranda C. Ward, EdD, MPH | Education
    • Why the U.S. health care system is failing patients and physicians

      John C. Hagan III, MD | Policy
  • Recent Posts

    • Social work accountability: the danger of hindsight bias

      Gerald Kuo | Conditions
    • When diagnosis becomes closure: the harm of stopping too soon

      Ann Lebeck, MD | Physician
    • Celiac disease psychiatric symptoms: When anxiety is autoimmune

      Carrie Friedman, NP | Conditions
    • Prostate cancer screening limitations: Why PSA isn’t enough

      Francisco M. Torres, MD | Conditions
    • From flight surgeon to investor: a doctor’s guide to financial freedom

      David B. Mandell, JD, MBA | Physician
    • Why perimenopause feels like losing yourself

      Claudine Holt, MD | Conditions

MedPage Today Professional

An Everyday Health Property Medpage Today
  • Terms of Use | Disclaimer
  • Privacy Policy
  • DMCA Policy
All Content © KevinMD, LLC
Site by Outthink Group

Leave a Comment

Comments are moderated before they are published. Please read the comment policy.

Loading Comments...