Why Circles Are A Profit Center For Clinicians?
“The financial and professional return on a Circles investment is high and long-lasting. The clinical burden is minimal.”
May 2, 2023
Why Circles Are A Profit Center For Clinicians?
For most clinicians, medicine is a business as well as a calling. This is true for employed, as well as those with independent practices. Costs may include rent, staff, marketing, IT systems, capital equipment, consumables and/or continuing education. Income may include fees-for-service, RVU’s, salaries, grants, honoraria, investigator fees, and/or “value-based” payments.
Unfortunately, neither medical school nor clinical practice prepares doctors for the business of medicine. Although U.S. healthcare expenditures are $4.3 trillion – over 18% of the country’s GDP – practicing physicians receive an ever-shrinking portion.
Circles not only provide powerful clinical utility; they represent a substantial and transparent return on investment. That investment is only $500 for the first Circle, $35 per month and $5 per Case. Moreover, the Circles license can be terminated any time upon thirty days’ written notice.
The return on that investment, with minimal clinical burden, includes:
- At least 12 months of physician-defined outcomes capture for each $5 Case: Make better clinical decisions. Identify potential adverse events early.
- At least 12 months of sustained and meaningful patient engagement for each $5 Case: Improve patient retention. Acquire new patients. Earn better reviews.
- Valuable aggregated datasets: Establish evidence-based approaches for new indications, protocols. Support reimbursement. Comply with legal/regulatory requirements. Support grant proposals.
- Better relationships with product manufacturers: Earn honoraria, investigator fees, study-based product discounts, conference support.
- Professional education: Collaborate with peers and experts within or across institutional and national boundaries. Test personal clinical hypotheses.
- Publication and Influence. Generate fresh and evidence-based content for articles, conference presentations, practice website, posts, journals, social media.
Circles can convert the real-world data inherent in your everyday Cases into a sustainable profit center. Join A Circle today, or contact us to find out more.
Why Circles Are A Profit Center For Clinicians?
“The financial and professional return on a Circles investment is high and long-lasting. The clinical burden is minimal.”
May 2, 2023
For most clinicians, medicine is a business as well as a calling. This is true for employed, as well as those with independent practices. Costs may include rent, staff, marketing, IT systems, capital equipment, consumables and/or continuing education. Income may include fees-for-service, RVU’s, salaries, grants, honoraria, investigator fees, and/or “value-based” payments.
Unfortunately, neither medical school nor clinical practice prepares doctors for the business of medicine. Although U.S. healthcare expenditures are $4.3 trillion – over 18% of the country’s GDP – practicing physicians receive an ever-shrinking portion.
Circles not only provide powerful clinical utility; they represent a substantial and transparent return on investment. That investment is only $500 for the first Circle, $35 per month and $5 per Case. Moreover, the Circles license can be terminated any time upon thirty days’ written notice.
The return on that investment, with minimal clinical burden, includes:
- At least 12 months of physician-defined outcomes capture for each $5 Case: Make better clinical decisions. Identify potential adverse events early.
- At least 12 months of sustained and meaningful patient engagement for each $5 Case: Improve patient retention. Acquire new patients. Earn better reviews.
- Valuable aggregated datasets: Establish evidence-based approaches for new indications, protocols. Support reimbursement. Comply with legal/regulatory requirements. Support grant proposals.
- Better relationships with product manufacturers: Earn honoraria, investigator fees, study-based product discounts, conference support.
- Professional education: Collaborate with peers and experts within or across institutional and national boundaries. Test personal clinical hypotheses.
- Publication and Influence. Generate fresh and evidence-based content for articles, conference presentations, practice website, posts, journals, social media.
Circles can convert the real-world data inherent in your everyday Cases into a sustainable profit center. Join A Circle today, or contact us to find out more.