The Issue With The COVID Bailout

While I think the outlook for current practices looks bleak, I actually think the new era of independent practices will emerge out of this. Some guesses:

More telemedicine-native practices instead of telemedicine as an add-on. A company I advise, DocSpace has been working on this problem for a while. They bring the costs of starting a practice way lower, by letting physicians build virtual private practices first before moving into the real-world.

Practices with limited space requirements. This can be in the form of extremely small, low overhead micro clinics. This can be mobile clinics. Or it can be more flexible space agreements where doctors lease space “as needed”.