With the new Longitudinal Family Physician (LFP) Payment Model coming into effect February 1, doctors have been asking for more information and clarification about expense sharing.
Business Pathways – a Doctors of BC initiative that focuses on supporting doctors in navigating the operational side of managing a business – is currently developing comprehensive resources with information about integrating expense sharing into practice agreements.
These new resources will be available in early February; however, doctors can begin to prepare by:
More resources and information to help doctors understand the implications of expense sharing under the new payment model will be available soon.
Doctors are advised that these are only points of consideration. Each agreement will require further discussion amongst the parties involved and will be different for different practices. Doctors of BC is providing this information to members as a starting point, and physicians are advised to always seek their own legal counsel before finalizing contracts.