calculatorUrgent Care Financial Models – Add To your Bottom Line

The cost difference between physicians and advance practitioners (APs) can be upwards of $157,000 per year in expenses to a clinic with a 16% increase in gross income, when advanced practitioners (PAs/NPs) are able to take over the administrative role that is typically held by a physician. Driving down cost with supplies, ancillary staffing, and services rendered remains a key goal for urgent care facilities. In reality, provider staffing remains the highest cost of expenditure and should be evaluated within each clinic.

The privilege given when physicians share their medical practice with advance practitioners provides a pivotal change in the modern day health care system, dating back to the 1960s. The progression of advanced practitioners, with increasing autonomy and administrative positions, is helping to increase financial viability in practices. The use of APs in roles traditionally filled by physicians is a cost effective option across most aspects of health care. Urgent Care facilities, in particular, are inquiring about the true cost comparison.

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