Strategic use of extenders can boost profit

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Takeaway

  • Medical practices can grow their revenue by up to 20% by using extenders such as physician assistants (PAs) and nurse practitioners (NPs), but only if patient demand warrants it, an article published in Medical Economics advises.

Why this matters

  • Primary care physicians can make $20,000-$45,000 in profit from an extender, a consultant told the magazine.
  • The article recommends planning ahead to hire an extender because it can take 6 mo or more to find the right person and get them credentialed with health plans.
  • Extende...