Today we’re diving into a topic that’s sparking a lot of conversation in the healthcare community: the incorporation of retail components into outpatient clinics. We'll explore the traditional views that often see retail as "tacky," the benefits of adding retail services, and the opportunity costs of not setting them up. Let’s get started!

To begin, let’s take a look at the traditional perspective on retail within clinic settings. Historically, many physicians have been wary of incorporating retail elements into their practices. The idea that retail is "tacky" has deep roots. Traditionally, the medical profession has emphasized a strict focus on patient care, viewing any commercial activity as potentially undermining the sanctity and trust inherent in the physician-patient relationship. This view is rooted in the belief that medicine should remain pure and untainted by commercial interests.

Many physicians worry that introducing retail components might detract from their professional image. They fear that commercializing their practice could make it seem like profit is being prioritized over patient care. There’s also the concern that retail might undermine patient trust—patients might question whether recommendations are truly in their best interest or simply a sales pitch.

These traditional views can significantly impact clinic operations. By shunning retail, clinics limit their revenue streams and miss out on opportunities to enhance patient convenience and comprehensive care. In a competitive healthcare market, this hesitation can lead to stagnation and an inability to fully meet evolving patient expectations.

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Today we’re diving into a crucial topic for outpatient clinics: the most profitable ancillary services to offer. We’ll explore various subspecialties, weigh the pros and cons of different services, and consider how these services can enhance patient care and convenience. This episode will provide you with the insights needed to make informed decisions about expanding your clinic's offerings.

First, we talk about primary care. Ancillary services can significantly boost the profitability of primary care practices while also enhancing patient care. We start by giving you a list of some of the most common and profitable ancillary services you might consider.

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Visit Jill’s company, Health e Practices’ website: https://healtheps.com/
Subscribe to our newsletter, Health e Connections: http://21978609.hs-sites.com/newletter-subscriber
Want more content? Find sample job descriptions, financial tools, templates and much more: www.MedicalMoneyMattersPodcast.com

Purchase your copy of Jill’s book here: Physician Heal Thy Financial Self
Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/
Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ Visit Craig’s website to book your Once in a Lifetime music experience
Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/

Today we’re diving into a fascinating and rapidly evolving topic: the impact of AI on outpatient medicine. In this episode, we’ll explore how AI is changing the landscape of healthcare in the immediate and medium term, which subspecialties are likely to see the biggest changes, and where AI will make the most significant inroads over the next five years. Let’s get started!

To begin, let’s talk about the immediate impact of AI on outpatient medicine. AI is already making waves in various healthcare settings, including outpatient clinics, by enhancing diagnostic accuracy, streamlining administrative tasks, and improving patient engagement.

One of the most significant current applications of AI in outpatient settings is in diagnostic tools. For instance, AI-powered radiology and pathology tools can analyze medical images and tissue samples with remarkable accuracy, often matching or even surpassing human performance. These tools help clinicians detect diseases earlier and more accurately, leading to better patient outcomes.

Please Follow or Subscribe to get new episodes delivered to you as soon as they drop!
Visit Jill’s company, Health e Practices’ website: https://healtheps.com/
Subscribe to our newsletter, Health e Connections: http://21978609.hs-sites.com/newletter-subscriber
Want more content? Find sample job descriptions, financial tools, templates and much more: www.MedicalMoneyMattersPodcast.com

Purchase your copy of Jill’s book here: Physician Heal Thy Financial Self
Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/
Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ Visit Craig’s website to book your Once in a Lifetime music experience
Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/