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BackTable / VI / Podcast / Episode #392

How to Maximize Efficiency & Revenue with EMRs & Practice Management Systems

with Dr. Paramjit "Romi" Chopra

In this episode of the BackTable Podcast, host Dr. Ally Baheti and Dr. Paramjit “Romi” Chopra discuss the processes involved in successful interventional radiology practice management. Dr. Chopra is an interventional radiologist practicing in Chicago, IL. He is the founder and CEO of Midwest Institute for Minimally Invasive Therapies.

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How to Maximize Efficiency & Revenue with EMRs & Practice Management Systems with Dr. Paramjit "Romi" Chopra on the BackTable VI Podcast
Ep 392 How to Maximize Efficiency & Revenue with EMRs & Practice Management Systems with Dr. Paramjit "Romi" Chopra
00:00 / 01:04

BackTable, LLC (Producer). (2023, December 11). Ep. 392 – How to Maximize Efficiency & Revenue with EMRs & Practice Management Systems [Audio podcast]. Retrieved from https://www.backtable.com

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Podcast Contributors

Dr. Aparna Baheti on the BackTable VI Podcast

Dr. Aparna Baheti is a practicing Interventional Radiologist in Tacoma, Washington.

Dr. Paramjit Chopra on the BackTable VI Podcast

Dr. Paramjit "Romi" Chopra is a practicing interventional radioloist and the founder and CEO of the Midwest Institute for Minimally Invasive Therapies in Chicago, Illinois.

Synopsis

Dr. Chopra advises young IRs against going solo, and he suggests finding people who’ve done it before, to avoid “reinventing the wheel.” Dr. Chopra emphasizes the importance of adopting a patient-centered approach, building systems, developing business sense, and understanding risk. He shares his own experiences of building systems using Salesforce and explains the concept of ‘omni-channel healthcare delivery’. He particularly discusses the importance of patient, provider, and payer relationships, and he offers solutions for dealing with inherent complications. The episode also covers identifying the right electronic health record and developing an effective inventory management system.

Timestamps

00:00 - Introduction
05:41 - Shift from Academic Medicine to Entrepreneurship
09:40 - Patient-Centered Care in Interventional Radiology
11:13 - Challenges of Starting an Independent Practice
17:49 - Role of Electronic Health Records (EHRs) in Modern Healthcare
26:15 - Challenges of Implementing EHRs in Interventional Radiology
35:30 - Misconceptions about Outpatient Based Labs (OBLs)
37:01 - Understanding the Payer System
38:19 - Challenge of Insurance Coverage
51:43 - Practice Management Companies

Resources

MIMIT Healthcare:
https://mimithealth.com/physicians-executives

The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E. Gerber:
https://a.co/d/2TuGpTn

AdvancedMD Cloud Based EMR:
https://www.googleadservices.com/pagead/aclk

Athena Cloud Based EMR:
https://www.athenahealth.com/landing/athenaclinicals

CIMSS Management Services Organization (MSO):
https://www.cimss.com/

Salesforce:
https://www.salesforce.com/

The Materials available on BackTable are for informational and educational purposes only and are not a substitute for the professional judgment of a healthcare professional in diagnosing and treating patients. The opinions expressed by participants of the BackTable Podcast belong solely to the participants, and do not necessarily reflect the views of BackTable.

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