It is a commonly known fact that
medical staff in the healthcare industry is overworked. Running a healthcare
facility not only includes clinical tasks, but also non-clinical tasks, which
can take up to 2-3 hours every day for a physician or doctor. Medical
assistants are there to do the job. As the name suggests, they are there to
assist doctors with non-clinical tasks. This helps doctors save time, and
eventually, money.
Now, when it comes to employing
someone, you have two options available:
●
hire an employee on the
company’s payroll
●
partner with an independent
contractor
In this post, we will compare
both options, which will help you make an informed decision on the virtual medical assistant services you
need for 2023.
What is a virtual medical assistant?
A virtual medical assistant is a
remote employee who helps doctors with a range of administrative and
non-clinical tasks. A medical VA can help a doctor with appointment scheduling,
replying to patient queries, reminding patients about appointments, making
calls, managing supplies, and other office operation tasks.
A virtual medical biller and a
virtual medical scribe can also assist a doctor with medical billing and
medical documentation to the EHR.
A medical VA works from a remote
location. Your VA needs a computer, a headset, collaboration software, and a
working internet connection to work remotely from any location. Working with a
VA costs less than working with an on-site assistant because it saves money on
operations costs and other considerations such as logistics and accommodations.
In fact, the Global Healthcare
Virtual Assistants Market is estimated to grow at a CAGR of 36.8%. It is
expected to reach USD 2,103.75 million by 2027 from USD 439.1 million in 2022.
Now, the only question left is whether I should hire a virtual medical
assistant as an in-house employee or an independent contractor.
Virtual medical assistant: an
in-house employee or an independent contractor
We have compared virtual medical assistant services from
an in-house employee or an independent contractor on the following factors:
- Hiring, training, and managing
- HR responsibilities
- Infrastructure cost
- Performance
- Scalability
1. Hiring, training, and
managing
An in-house employee
You need to go through the
process of hiring, training, and managing an employee on the company’s payroll.
You have to advertise the opening on the job portals and interview the
candidates to hire a medical assistant or partner with a recruitment agency to
find you the right candidate. This will take time, resources, and money.
Also, you need to train the
in-house employee and spend time tracking and measuring the performance of your
assistant. Not just that, skilled medical assistants tend to get employment
offers from nearby healthcare facilities. Thus, you need to focus on retaining
the assistant also.
An independent contractor
All you have to do is find a
good virtual medical assistant services provider. An independent contractor
will provide you with a skilled medical VA for a flat hourly fee on its own
payroll. You do not have to worry about hiring, interviewing, and background
verification. Your services provider is responsible for conducting all the
hiring responsibilities. You will be provided with the profiles of the
candidate and their pricing. Choose the one that serves your needs best as per
the terms and conditions of the plan.
2. HR responsibilities
An in-house employee
Hiring an in-house employee
comes with a list of HR responsibilities such as self-employment and
unemployment taxes, insurance, employee benefits, and payroll management. You
need an HR manager or outsource your HR operations to ensure compliance with
labor laws. This results in a decent amount of operational costs.
An independent contractor
Working with an independent
contractor can help you get rid of HR responsibilities. An independent contractor
does not have the protection of labor and employment laws or access to employee
benefits. Your virtual assistant is working on the payroll of the contractor.
Thus, your independent contractor is responsible for ensuring all the
compliance requirements.
3. Equipment costs
An in-house employee
If your assistant does not have
an IT setup, you have to pay for the IT setup. It may include paying for the
whole IT setup or partially. For example, your assistant may have access to a
computer, but not to the internet or collaboration software. You have to take
care of the equipment costs.
An independent contractor
You do not have to pay
separately for the equipment. It is the responsibility of your independent
contractor to get your virtual assistant onboard in working condition.
Equipment costs are included in the plan. Though, you may have to pay for the
membership for the collaboration tools as they are provided by a third
party.
4. Performance
In-house employee
You are responsible for ensuring
the productivity of your virtual staff. On average, a full-time employee is
productive only for 2 hours and 53 minutes, in a day. You have to take into
account the breaks, meal time, etc.
Independent contractor
Your independent contractor is
responsible for ensuring productivity. They have a dedicated manager and online
tracing software to ensure productivity. You are charged only for the time your
assistant works on the project.
5. Scalability
In-house employee
You need to go through the
entire process of hiring again if you need another medical assistant onboard
your team. You may need to appoint a manager if you have multiple medical VAs
on your team to manage them.
Independent contractor
You can scale your team anytime
without any fuss. An independent contractor has access to a wide pool of human
resources, which can be used to cater to your expanding healthcare facility
needs.
The Verdict
It is quite easily witnessable
that independent contractors have an edge over in-house employees when it comes
to appointing a virtual medical assistant to serve your healthcare needs. You
can save time, money, and effort by partnering with a reliable medical virtual
assistant services provider.
VA.care is a leader in the
healthcare industry for virtual medical assistant services. The company can
help you with virtual medical assistants, virtual medical scribes, and virtual
medical receptionists. You can visit the website to learn about the VA.care
plans.
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