BackTable / VI / Podcast / Episode #399

Pros & Cons of Independence in the OBL

with Dr. Mahmood Razavi and Dr. Mark Garcia

In this episode of The Backtable Podcast, host Dr. Aaron Fritts and guests Dr. Mahmood Razavi and Dr. Mark Garcia discuss the intricacies of owning and operating an outpatient-based lab (OBL). Dr. Razavi and Dr. Garcia are practicing interventional radiologists at Vascular and Interventional Specialists of Orange County (California) and American Vascular Associates (Florida), respectively.

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Podcast Contributors

Dr. Mahmood Razavi

Dr. Mahmood K. Razavi is an entrepreneur and practicing Interventional Radiologist with the St. Joseph Heart & Vascular Center in Orange County, California.

Dr. Mark Garcia

Dr. Mark Garcia is the CEO and Medical Director of Endovascular Consultants in Wilmington, Delaware.

Dr. Aaron Fritts

Dr. Aaron Fritts is a Co-Founder of BackTable and a practicing interventional radiologist in Dallas, Texas.

Synopsis

The doctors explore the advantages of OBLs, including autonomy, flexibility, and patient satisfaction. They also delve into the challenges of financial sustainability, decision-making restrictions, and insurance navigation. The conversation revolves around the need for a solid business plan before stepping into OBL operation. This includes awareness of potential regulatory oversight, costs, and patient sources. They also discuss the impact of OBLs on healthcare, and they specifically warn that the lack of evidence-based practices might have adverse effects. The doctors propose solutions such as societal guidelines, required accreditation, and stringent care delivery.

Timestamps

00:00 - Introduction
04:26 - Pros and Cons of Owning and Operating in an OBL
11:07 - Financial Aspects and Profitability of OBLs
23:42 - Exploring Alternative Models for OBLs
32:33 - The Role of Societies in Guiding OBL Practices
36:27 - The Future of OBLs: Regulation, Consolidation, and Quality
42:59 - Exit Strategies and Future Considerations for OBLs
50:38 - Final Thoughts on OBLs and the Importance of Quality Care

Resources

Impact of Office Based Laboratories on Physician Practice Patterns and Outcomes after Percutaneous Vascular Interventions for Peripheral Artery Disease:
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8555658/pdf/nihms-1524412.pdf

Disclaimer: The Materials available on BackTable.com 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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Articles

Topics

Learn about Office-Based Lab (OBL) on BackTable VI

Peripheral Artery Disease Condition Overview

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