Physicians are no strangers to change. But in recent years, many of us have felt the mounting pressure: increasing administrative tasks, declining reimbursements, and growing burnout.
It’s not just a matter of making ends meet. It’s about preserving the energy, time, and clarity we need to deliver the level of care our patients deserve.
If you’re in private practice, you may have found yourself wondering: Is there a better way to run my practice—one that’s sustainable for me and better for my patients?
The good news is: yes, there is.
More and more physicians are discovering ways to both improve patient care and generate additional income using technology and smart systems already within reach. Here are three of the most practical, proven approaches.
Disclaimer: This article is for informational and educational purposes only and does not constitute financial, legal, or investment advice. Any investment involves risk, and you should consult your financial advisor, attorney, or CPA before making any investment decisions. Past performance is not indicative of future results. The author and associated entities disclaim any liability for loss incurred as a result of the use of this material or its content.
1. Remote Patient Monitoring (RPM)
Remote Patient Monitoring allows physicians to track chronic conditions like hypertension, diabetes, and heart failure using connected devices patients use at home—such as blood pressure monitors or glucose meters. These devices transmit data directly to your practice, allowing for more continuous, personalized care.
The best part? This model supports early intervention, reduces ER visits and hospitalizations, and empowers patients to stay engaged in their care.
For physicians, RPM is also reimbursable—often around $100 to $120 per patient per month—making it one of the most effective ways to create a recurring revenue stream that rewards better patient outcomes.
I recently spoke with Dr. Tyler De Jong, an internist in Southern California, who implemented RPM through the platform DrKumo.
“I was a reluctant client,” he said. “But once we saw how it actually helped our patients and created steady income for our practice, it became a no-brainer. We were communicating more, intervening sooner, and the tech support made it seamless for our team.”
This is a perfect example of technology enhancing—not replacing—the physician-patient relationship.
2. Chronic Care Management (CCM)
If you’re regularly managing patients with two or more chronic conditions, you’re already doing the kind of work CCM was designed to support: reviewing labs, adjusting medications, coordinating with specialists, answering questions between visits.
CCM allows you to structure this care, often delegating it to your medical assistant or nurse, and receive reimbursement (typically $60–$90 per patient per month) for the time spent improving outcomes outside of face-to-face visits.
Patients benefit from better continuity of care, consistent check-ins, and fewer gaps between appointments. And your practice benefits from a reliable monthly income stream without adding new patients or hours.
It’s one of the clearest examples of a win-win model that rewards the proactive, thoughtful care physicians are already providing.
3. Office-Based Procedures
This is one of the most overlooked opportunities sitting in plain sight.
Many physicians have the training and ability to perform reimbursable in-office procedures but rarely offer them consistently—or bill for them properly. This includes:
- Joint injections
- Skin biopsies
- Cryotherapy
- I&Ds
- EKGs and spirometry
- Endometrial biopsies
Adding just a handful of these procedures per week can translate to thousands in additional income per month, without adding new patients or major overhead.
These services also improve access and convenience for your patients, and allow you to maximize the value of each visit. It’s one of the fastest ways to make your existing practice more profitable.
It’s Not Just About Revenue—It’s About Better Care
I want to be clear: these strategies aren’t about chasing profit at the expense of patients. Quite the opposite.
They’re about creating a practice that allows you to:
- Spend more time with your patients
- Intervene earlier and more effectively
- Offer services that are convenient, high-quality, and coordinated
- Reduce hospitalizations, complications, and delays in care
And yes, they also happen to support the financial health of your practice, so that you can continue serving patients without burning out or scaling unsustainably.
The truth is, when physicians are supported—clinically and financially—patients win, too.
The Common Thread: Leverage
All three of these strategies—RPM, CCM, and office-based procedures—have one thing in common: they allow you to leverage what you already have.
You’re not launching a new business or seeing more patients. You’re:
- Leveraging your existing patient base
- Leveraging your clinical staff
- Leveraging your existing skill set
- Leveraging reimbursable services for care you’re already providing
This is exactly the kind of leverage physicians need more of. Because the solution to burnout isn’t always outside of medicine—it’s often inside your practice, if you know where to look.
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Final Thoughts
If you’ve been looking for a way to improve the financial sustainability of your practice and elevate the care you provide, these strategies are an excellent place to start.
They represent a new model of practicing medicine—one where the systems support the physician, the patient, and the mission of care.
This is how we protect the joy of practicing medicine.
This is how we take back control, not just of our income, but of our ability to make an impact.
If you’re exploring these options or have questions about implementation, feel free to reach out or share what’s working in your practice. We’re all in this together.
This post is for educational purposes only and not to be considered financial advice. As always, do your own due diligence before making any investment decisions.
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Peter Kim, MD is the founder of Passive Income MD, the creator of Passive Real Estate Academy, and offers weekly education through his Monday podcast, the Passive Income MD Podcast. Join our community at the Passive Income Doc Facebook Group.
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