Latest / Voices of Otolaryngology / Solo, Strategic, and Satisfied: 25 Years of Independent ENT Practice
Transcript
- 0:01Welcome to the Voices of Otolaryngology podcast series, where we spotlight
- 0:05diverse perspectives and insights within the field of otolaryngology.
- 0:09I'm your host, Rahul Shah.
- 0:10Let's jump into it.
- 0:12Welcome to Voices of Otolaryngology.
- 0:15My name is Rahul Shah and I'm your host.
- 0:17I'm super excited today to be with the new friend, Doctor Rajesh Kakani.
- 0:21Dr. Kakani, welcome.
- 0:24Nice to see you here again.
- 0:26And I admire your leadership.
- 0:28Well, I believe you listen to a lot of these podcasts.
- 0:31I don't think my mom or brother even listen to these, so thank you
- 0:34for listening.
- 0:35I listened to all of them and I watched some of them.
- 0:38Do you recall maybe what might be your favorite or one pearl you've picked up?
- 0:42You don't have to remember the who was the guest, but maybe one pearl.
- 0:47No, I think the key is you bring a real diverse
- 0:51a group of guests, and the key is you bring all aspects.
- 0:55And I think I sense that you, even though the audience is not there,
- 1:00you are imagining the audience from the academics, from the private practice,
- 1:05as well as the graduating residents
- 1:08who may benefit from your production.
- 1:11So that's wonderful.
- 1:12Well, I have much gratitude for you today on behalf of the Academy members,
- 1:17you and your, wife, through your family
- 1:20foundation, have endowed an international visiting scholars.
- 1:24Why don't you give the great news and, let's share that with our colleagues.
- 1:28Then we'll get into who you are, your practice,
- 1:31and and what you think we need to think about in the future of health care.
- 1:34So please, give us the great news
- 1:35and much gratitude for what you and your family have endowed.
- 1:39And I don't want to be the one giving the news, but
- 1:42I feel that Academy has been my professional home for 30 plus years,
- 1:47and I'm at that stage of life that I've realized I'm not going to take it with me.
- 1:52So this is a good time ti try to give back
- 1:55and what better to do than to the Academy?
- 1:59Since my residency days, I got involved with the Academy.
- 2:02I've been a member more than 30 plus years.
- 2:04I've attended practically every single one of the annual meetings.
- 2:09I got involved with the committees at the very beginning.
- 2:12I became a member of the International Otolaryngology Committee,
- 2:15and I think it has changed now, at that time, they set up international visiting
- 2:20scholarships, and I felt that I wanted to follow the footsteps of those,
- 2:26you know, pioneers who had previously set up the scholarships.
- 2:30So this was a perfect thing.
- 2:33What it does is it sets up a scholarship that allows one
- 2:37international visiting scholarship to come to the US,
- 2:41attend the Academy meeting, the academy meeting,
- 2:46and then Academy, give them a year membership
- 2:50and more importantly, Academy matches them for a two week
- 2:53period with the academic program in otolaryngology in the US,
- 2:57where they can be an observer,
- 2:59they can see how otolaryngology is practiced in this country.
- 3:05My hope is that all that information
- 3:07they would take back to their country, and these are young faculty members
- 3:12who probably have another 30 years of professional life.
- 3:15And my hope is that they would share it with their colleagues,
- 3:19their mentees, and more importantly,
- 3:22with their patients, because everything we do is all about our patients.
- 3:26So this was a great
- 3:29honor for us to be able to contribute.
- 3:32Thank you.
- 3:32Well, thank you very much.
- 3:34And to your wife and family and the foundation,
- 3:36we know it will benefit countless otolaryngologist and their patients.
- 3:40You mentioned residency.
- 3:42Let let's pull up stream.
- 3:44Where did you train?
- 3:45And tell us a little bit about, about that.
- 3:48And I'll keep interrupting you with questions
- 3:49to give us some cadence, but where where did you train, in residence?
- 3:53You try to be funny.
- 3:54I'm going to try to be a little funny as well.
- 3:55But I'm a slow learner.
- 3:58I was top of my medical school class, wanted to basically
- 4:01train in otolaryngology, and come back to my hometown
- 4:04and become a faculty because those were my role models.
- 4:08So I trained
- 4:09at some of the top places in India, and then I wanted during those times,
- 4:13all the books we read were authored by great American authors.
- 4:17I can name all of them, but I
- 4:20wanted to learn and see how
- 4:24otolaryngology is practiced in USA.
- 4:26So I came to USA 92, join a fellowship at Lenox
- 4:30Hill Hospital, and then I said, you know what?
- 4:33Might as well become a board certified?
- 4:35And I applied for residency.
- 4:38I managed for residency, did a full five year
- 4:40residency for seven years in India and then seven years here.
- 4:44When I finished, I wanted at that
- 4:47time to be in academics, and then I joined academics and I said, no, no, no.
- 4:50The sentence
- 4:53let me back up a second.
- 4:54So where did you do your residency?
- 4:56So that was at Stony Brook State University of New York, installable.
- 5:00And who you mentioned the word for word role models.
- 5:03And I think that's important when we think of medical students and residents.
- 5:07My favorite textbook was Deweese and Saunders’, as a medical student.
- 5:11Do you remember that red textbook about this and thick? Yeah.
- 5:14And it took you from embryology all the way to various.
- 5:17I have that at home.
- 5:18I love it so you were at Lenox Hill in a fellowship pre pre residency.
- 5:24Then you went to, Stony Brook, is that right?
- 5:28Full accredited residencey at Stoney Brook. Yes.
- 5:30Who were your role models there?
- 5:32Who did you, have an affinity to learning from?
- 5:36So at Lenox Hill, I got in touch with the stalwarts
- 5:40like Doctor Wilbur Gould, Stanley Bloggin, Ernie
- 5:44Comisar, Ron Hoffman.
- 5:48I mean, amazing top well known
- 5:52otolaryngologists in the world at Stony Brook.
- 5:56I had an honor of working with Doctor Arnie Katz.
- 5:59And Eric Smouha, Max April and others.
- 6:05So you are finishing up training,
- 6:08and we often think about our residents, fellows and young physicians.
- 6:12And you said, academics.
- 6:14I've done 14 years of training.
- 6:16That's my pathway.
- 6:18But you're in a solo private practice for 30 years.
- 6:22How did you go from here to here?
- 6:23What was going through your mind?
- 6:26So I did join
- 6:29a job, thinking I'm going to be in academics.
- 6:33And I got there, and I realized that to grow in academics
- 6:38means I'm going to have to do a lot of publications.
- 6:41And I realized that my strength
- 6:44was listening to one patient at a time.
- 6:48And the third part was I realized, I'm a micromanager, so
- 6:53I need to be able to get my own history, do my own examination plan my own case.
- 7:00Also, growing up, you know,
- 7:02my family, we love being small business. And,
- 7:08having be on your own boss.
- 7:11So I said, no. What?
- 7:12I'm going to start from (inaudible) a solo practice.
- 7:17Even when I joined the job, I told them that
- 7:19I may do that and they were kind enough.
- 7:23I have at that in writing.
- 7:25So, that allowed me
- 7:29to pivot from, academic to a solo practice.
- 7:34The other thing that happened was,
- 7:37as I was in the job, they offered me, you know,
- 7:41the chiefship of a department at a federal hospital.
- 7:47And one of my mentors said, look, if you want to ever try
- 7:51private practice, this would be the time to try it.
- 7:55Once you are in -
- 7:59an academic or in a job more than ten years,
- 8:02then you are going to be more scared to pivot.
- 8:05Yeah, so give it a try and one thing led to other and.
- 8:09I thought it was very interesting.
- 8:11You found your strengths
- 8:14and you used micromanagement as a superpower.
- 8:18I don't criticize it, but it was very interesting that you said,
- 8:23look, I want to run my own show and I'm going to stay that way.
- 8:27And you turned those strengths into a highly successful practice.
- 8:31Isn't that some good wisdom there?
- 8:33You know that what you said.
- 8:34Look, my strength is listening, not grant writing, not doing research
- 8:38driven hypothesis will let those people be highly successful.
- 8:43That took a lot of conviction.
- 8:46You were betting on yourself.
- 8:47I guess you knew your strengths.
- 8:50Yeah.
- 8:51I mean, it was a major decision.
- 8:53The other thing that helped at that time
- 8:55was my wife had a job and we had health insurance,
- 9:00so I could take a risk of
- 9:03starting my own practice.
- 9:06Of course, it was a calculated risk.
- 9:08So you started in practice.
- 9:10Year one, year two, year three.
- 9:13What were you seeing?
- 9:14What were your common things in the office?
- 9:16And then so answer that and then I'm going to fast forward to what you see today.
- 9:20And I want our young learners to think about how practices evolve.
- 9:24So you come out,
- 9:25you hang the shingle, you know, you have health insurance from your wife,
- 9:29but you got to take all comers, everyone that comes in your door.
- 9:32So what did you start seeing?
- 9:34Right.
- 9:34So again, I did an I graduated.
- 9:38In New York in a highly competitive market.
- 9:41Go ahead.
- 9:42Yeah. Thank you for bringing that up as well.
- 9:44The other thing I decided I want to be where there are
- 9:48a lot of otolaryngologists, because one of my mentors said it's a lake.
- 9:53There are a lot of small sailboats.
- 9:56If you go
- 9:56to put another small sailboat, it's not going to affect the other sailboats.
- 10:00So it was a slow process.
- 10:03I still kept part time job,
- 10:07and then I took privileges at some smaller hospitals.
- 10:12And those hospitals,
- 10:15believe it or not, they need ENT.
- 10:17And let me pause there because I want I don't want our audience to miss that.
- 10:21So you said, okay, I don't want to do academics.
- 10:24I'm gonna hang up a shingle, but it's going to be half shingle.
- 10:27Okay, here's here's my camera here.
- 10:29I can't focus on me. It's a half shingle, right?
- 10:31I'm going to still be on staff, maybe get some ER calls
- 10:37to have the cash flow coming in while my shingle gets fully developed.
- 10:41Is that right, Doctor Kakani?
- 10:42That is exactly how I did it. Yes.
- 10:45And how long did you do that?
- 10:46Let's say
- 10:47maybe hybrid model before you were able to completely make that shingle full?
- 10:52So I was able to wean off of my job
- 10:56at this hospital in two years from the start.
- 11:01And then what did you see?
- 11:02What kind of patients were you seeing in the office?
- 11:04Obviously, you'd bring them from the hospital to your practice,
- 11:07but but what was coming through the door back 30 years or so?
- 11:11Again, some of these hospitals have pediatric patients.
- 11:14I am not pedatric otolaryngology trained.
- 11:17So somehow my practice was more
- 11:20adult practice than pediatric.
- 11:23The other thing that happened, fortunately, having been trained
- 11:27at so many places with so many good people,
- 11:29I felt comfortable doing a full breadth of otolaryngology.
- 11:33And somehow they needed
- 11:35this hospital, needed a thyroid/parathyroid surgeon.
- 11:39I got busy with thyroid/parathyroid and somehow I got known
- 11:43in the community for doing thyroid/parathyroids.
- 11:46I would obviously see the patients
- 11:48in the office for all the sinusitis and everything else.
- 11:52Go back a second.
- 11:53You said something I'm still struggling with.
- 11:56I think it's interesting.
- 11:57Somebody taught you go to where there are a lot of ENTs.
- 12:02You glossed over that.
- 12:03That's somewhat paradoxical because people coming out say, “I’m
- 12:06gonna hang my shingle where nobody's around me for three hours.”
- 12:09Explain that for our audience and a young learner.
- 12:13So this is a longer,
- 12:15description, but.
- 12:18You know, you want to have
- 12:21of a shop.
- 12:23You want to have a restaurant where there are a lot of other restaurants.
- 12:26Okay?
- 12:27You want to have a hotel
- 12:29where there are a lot of other hotels, because that's where the customers
- 12:33are coming.
- 12:34So the logic is and then you're going to need coverage, you're going to go away.
- 12:39You're going to need friends.
- 12:40So that is where you know, there is all a need, an infrastructure is there.
- 12:46So I felt I didn't want to be
- 12:51away from where the need is.
- 12:54And I didn't want to be away from where the competition is.
- 12:57Very, very interesting.
- 12:59There's an economic business principle that you're alluding to.
- 13:02That's why if you're driving on 95 north or south, you'll see an area
- 13:08and there's seven hotels and you're like, why in the world is that there?
- 13:11There's there's some business principles, but that shows you
- 13:16actually how difficult it is for solo rural practices.
- 13:20Anyways, that, that that's another story.
- 13:22So you started out
- 13:23with head and neck, blood, but you also had sinus coming in the door.
- 13:29Everything adult.
- 13:31Right. Okay.
- 13:32So so yes. Everything adult.
- 13:34And then how did the practice evolve?
- 13:36Let's look at it in maybe ten year chunks.
- 13:38So then you're ten, 12 years into the practice.
- 13:41Children are getting older, practice is humming.
- 13:44Was it still thyroid, head and neck, and sinus?
- 13:48What did the practice evolve to?
- 13:50I'm going to quote my guru, Doctor Ashok Shaha.
- 13:53He jokingly says: “In otolaryngology,
- 13:57by 35 we learn how to operate, by 45 we learn when to operate, and by 55
- 14:03we learn when not to operate.” So again, I wanted to do surgery
- 14:10earlier years and a lot of adult, but I would do the full breadth.
- 14:14And the other thing that happens is when you go to these hospitals, take calls,
- 14:18the staff knows you, the nurses knows you know you, the other doctors know you.
- 14:23Their families start to come to you.
- 14:25Okay.
- 14:26And yes, initially there was a lot more operating
- 14:31and then slowly there was more office.
- 14:34I started to listen to patients.
- 14:37I took a training and a fellowship
- 14:40in America at the American Academy of Otolaryngic Allergy.
- 14:43So I became allergy trained as well.
- 14:45So office slowly sort of pivoted
- 14:49from more surgery, which I still do do more office,
- 14:54more hearing loss, more cerumen,
- 14:57more dizziness, more allergy and so forth.
- 15:02I admire Doctor Ashok Shaha as well,
- 15:06and I might call him after this, to ask him what happens at 65?
- 15:12You're still operating.
- 15:13Maybe you're grateful to be operating, right?
- 15:15Or grateful to be seeing patients that’s probably true, Doctor Kakani.
- 15:19So now now help me
- 15:22because thyroid parathyroid you were trained for 14 years
- 15:26exquisitely trained then in sinus, but then you started learning
- 15:30general otolaryngology management of vestibular and dizziness.
- 15:35How did you learn?
- 15:36Where did you find that time?
- 15:38Was it medical staff meetings?
- 15:40Was it the camaraderie and partners in your hospital?
- 15:42How did you start evolving?
- 15:45So I absolutely the most important thing, most important message
- 15:50from this thing I want to convey to my friends is keep learning.
- 15:53Please don't stop learning.
- 15:54So I attend obviously Academy meetings and every opportunity for CME,
- 16:01not only in otolaryngology, but in other related fields.
- 16:04So I continued to learn.
- 16:06I had some training without,
- 16:08you know, dizziness during my training in India.
- 16:12And I realized that the diagnosis of a dizzy patient,
- 16:17at least 90% depends on a good detailed history.
- 16:21Okay.
- 16:21So it was a natural sort of progression
- 16:26to listen to the patients and try to make a guess
- 16:30of their cause of dizziness and try to help them get better.
- 16:34I am not a neurotologist.
- 16:36I am not, you know, I mean, there are certain patients
- 16:40who absolutely need a fellowship trained neurotologist,
- 16:45and I refer them to my colleagues in the area all the time.
- 16:50Yeah, it's very interesting.
- 16:52We used to call them drug lunches or device lunches, and they stopped.
- 16:57They stopped in the early 2000s, due to government regulations.
- 17:02It's very unfortunate,
- 17:03because I used to learn a lot from those sales rep and pharmaceutical reps.
- 17:08And, you know, there's CME,
- 17:10but there's also learning what new technology is out there.
- 17:13What indications are that I was just a a random commercial.
- 17:16But but frustrating.
- 17:17And I like your point about, learning from every specialty.
- 17:21You might go to a rheumatology, grand rounds and learn about biologics.
- 17:27Yeah.
- 17:27I mean, the flip side is: now we have Zoom, now we have YouTube.
- 17:33There are so many resources to learn.
- 17:35Now you don't have to go to those drug lunches to learn.
- 17:40But I have a feeling you like human contact.
- 17:43I do like human contact.
- 17:45But by the same token, with the Sunshine Act, I did that.
- 17:48The other thing, I decided to be at least twice as good. So
- 17:52even if I go to those sponsored meetings, I try not to partake in the food.
- 17:58And yeah, so you have to be careful.
- 18:01To each their own. Yes.
- 18:02So talk a little bit about, in office based procedures.
- 18:08Do you do them? Did you do them?
- 18:10How has that evolved? What are the pros and cons?
- 18:13What advice do you give to solo practitioners?
- 18:15How do you build that infrastructure?
- 18:17New York is a tough market to practice, so there's a lot of scrutiny,
- 18:21on health regulation but also peers and referring doctors.
- 18:26So talk a little bit about in-office based procedure.
- 18:29So the key thing is two parts.
- 18:32One, treat every patient as if that was your family member okay.
- 18:37And number two,
- 18:38if you're going to be in a solo practice, you got to be at least twice as good.
- 18:42And the third thing, which is my principle
- 18:45in everything in life, you know, you got to expect the unexpected.
- 18:49My joke is I always travel with two spare tires in my car.
- 18:53You got to have to.
- 18:55There will be complications if you're going to
- 18:57do any surgical procedure, whether in the office.
- 19:00So if you follow those three principles, I think you're going to be okay.
- 19:07And what
- 19:08what office based procedures did you start with?
- 19:11What have you evolved with? What do you do in present day?
- 19:14Now, again, I am not doing any major invasive office based procedures.
- 19:19So again, everybody will have their own business models.
- 19:23But my business model has been to have an ethical practice
- 19:27and an ethical marketing.
- 19:28And the best marketing is when I show up into the hospital
- 19:33and there are at least ten people seeing me do things, there
- 19:36is, in the ER, nurses I see.
- 19:40I see, so I understand what you mean.
- 19:41You. Yeah, I get it, I get it.
- 19:43You want people to see what you do.
- 19:45And it gives, your patients.
- 19:49They feel assuaged. I understand that makes sense.
- 19:51So I do more things in the hospital then in the office.
- 19:55How did you manage call as a solo practitioner?
- 19:59And I'll ask you then I probably should ask your children.
- 20:04So, yes, the call was tough.
- 20:07And in those days we did not get compensated for call.
- 20:11So again, the main rule there has been it takes less effort
- 20:16to go see the patient yourself than to try to manage a patient on the phone.
- 20:21Okay.
- 20:22If you get a phone call for a nosebleed at 10:00, you better go there at 10:00
- 20:26in the evening.
- 20:27Take care of that nosebleed.
- 20:28Otherwise they're going to wake you up at 2 a.m..
- 20:29Okay? So, yes, call was tough.
- 20:33I took care of it and treated every patient.
- 20:37So were you In a shared call group?
- 20:38How did you do that? Yeah.
- 20:40So once your colleagues
- 20:42know that you're in the area, everybody needs call coverage.
- 20:46As soon as my colleagues in the area knew that I was here,
- 20:49I was not going anywhere.
- 20:51They said, why don't you join our call group?
- 20:52We've got to cover for each other.
- 20:55That's
- 20:55how you generated patients from referrals, am I right?
- 20:58Right. And goodwill.
- 21:00That's the other message.
- 21:02Please don't step on toes of your colleagues.
- 21:06You know, everybody is trying to take good care of their patients.
- 21:09Yeah.
- 21:10You know help them out.
- 21:11And that has helped me.
- 21:13I think that’s a good message for our Academy.
- 21:16A member taught me that, we want all otolaryngologist to win, right?
- 21:21I like that, yeah.
- 21:23That’s how our patients get the best care.
- 21:25Yeah.
- 21:26So your call group as a solo practitioner,
- 21:29was it one hospital you covered or more than one?
- 21:32So I primarily covered in
- 21:35in suburban New York area, three hospitals.
- 21:39And I did have various arrangements for covering.
- 21:44So when I would go away my friends would cover
- 21:48and I would cover for them.
- 21:51Yeah.
- 21:51What I'm trying to do is help establish for members that are thinking
- 21:55about solo practices, what catchment area you need, what volume you need, right.
- 22:00To generate that referrals.
- 22:02Yeah.
- 22:02So again that the other message: have diversification.
- 22:06You know, if you're going to be in that area,
- 22:07if you're going to have two hospitals
- 22:09get approval, if you're going to be in solo practice
- 22:11and they allow you and again, the model has changed.
- 22:15You know, a lot of hospitals are now - You get employed.
- 22:18Yeah.
- 22:19Employed model.
- 22:20And you may not be able to get it.
- 22:21But if you can: two hospitals this way you have some diversification.
- 22:26Did you ever look at the employed model where the hospitals came
- 22:30knocking and said Doctor Kakani, come, come to us.
- 22:34Did you like that or were you established you might have been too established?
- 22:38When this trend has started.
- 22:40I might start looking now.
- 22:43Oh interesting.
- 22:45But but but the thing is,
- 22:50you know, this negotiations, the submitting the data are going
- 22:53through the process.
- 22:55To me that's really time consuming.
- 22:58Okay.
- 22:58I would rather spend the time seeing 2 or 3 more patients and keep my cash flow.
- 23:03So, so far, as much as the grass looks greener on the other side of the fence,
- 23:10I have stayed solo.
- 23:13Yeah.
- 23:14Talk a little bit about back office functions.
- 23:17So I see you.
- 23:18You're the face of the practice. Who?
- 23:20Who else is in your office?
- 23:21How many exam rooms do you have?
- 23:23What is the back office?
- 23:24Is it virtual? Remote offshore?
- 23:27Talk a little bit. Whatever makes you comfortable. Please.
- 23:29No, I won't do offshore.
- 23:31I just, didn't, you know, HIPAA compliance, so no offshore operations.
- 23:37Anybody thinking of solo practice,
- 23:39you're going to have to be the computer tech guy.
- 23:42You're going to have to be the janitor.
- 23:43You're going to have to plunge the toilet,
- 23:46and you're going to have to look over the building.
- 23:48Okay?
- 23:49So ultimately, the budget would stop with the solo doctor.
- 23:54But I have a great team.
- 23:56I have a billing company,
- 23:59I meet with them periodically and go over the stuff.
- 24:02I have three wonderful people in the front.
- 24:06I have two audiologists who both combine work
- 24:10as one FTE and I
- 24:14about two years ago found a wonderful, experienced, physician assistant.
- 24:18She is on my team as well, so that allows me to take care of patients.
- 24:23Again, the other key in solo practice is
- 24:27please take great care of your team members.
- 24:30Okay?
- 24:31Happy employees, happy customers.
- 24:34So I counted roughly six
- 24:38folks, bodies in the suite, and then a back office
- 24:41that helps you with your, managed services?
- 24:44That is correct.
- 24:46Yeah. Thank you for explaining that.
- 24:48And then
- 24:50when we look at the, makeup,
- 24:54the constituency of your office, how does the exam rooms look?
- 24:58How do you keep the flow going?
- 24:59Just describe to people, that flow and how you manage it with,
- 25:03physician assistant and you seeing patients and audiology.
- 25:08You'll have to bear with me.
- 25:09One more joke.
- 25:11I tell people I don't work about 20 to 30 friends come one by one by appointment.
- 25:17You have a small talk, each one of them as they are leaving, they thank me.
- 25:22And somehow I get paid for it.
- 25:24Okay, so I have
- 25:27four exam rooms.
- 25:29Two of them are set up with the flexible or rigid endoscopes.
- 25:33One of them has a strobe,
- 25:34and then two of them are set up with the operating microscope.
- 25:37I don't do anything even in the external auditory canal
- 25:41without the operating microscope.
- 25:42Now, and then I have a fully functional, wonderful audiology suite.
- 25:49We have rooms like this one
- 25:52for three of us to sit down and work on our computers.
- 25:55And then there is a waiting area, and then there is computers
- 26:00and desks for the front desk staff.
- 26:02So I keep dancing between the four exam rooms.
- 26:07Me and my PA, if somebody comes,
- 26:09if we have to do, let's say, a flexible laryngoscope, they
- 26:13I would spray the person in room one.
- 26:17Yeah of course. Yeah yeah yeah.
- 26:19Go to room two listen and then come back, and then do - If
- 26:22I knew the way real estate would go 30 years ago, I would have bought a suite.
- 26:28If I was Doctor Kakani and watched New York real estate go.
- 26:31But that's impossible.
- 26:33Coming right out to afford that, etc..
- 26:36Do you, take your space?
- 26:38Do you own your building? How does that work?
- 26:41So that's the other thing.
- 26:42I didn't want to be in a, like in a small silo.
- 26:45I wanted to be in a big professional building.
- 26:48So I started out with a sublet.
- 26:52And when the practice got busy, when this space became available,
- 26:57I bought this office condo again.
- 27:00You know, that was real estate entity in the family that.
- 27:02But it's in a bigger it's in a bigger.
- 27:04How big is the building?
- 27:0655,000ft² flat,
- 27:08one story building, a lot of parking outside.
- 27:12Okay. And
- 27:14you are segmented?
- 27:15You have your part of it?
- 27:18Yes. My practice is 1900 square feet out of that 55,000.
- 27:22Yeah, yeah, yeah.
- 27:23There are other specialties in the building.
- 27:25I thought it was a really interesting pearl.
- 27:27You didn't want to be on an island.
- 27:29And you think about it.
- 27:31You have, you know, maybe 5% of the space there,
- 27:35but the other 95% are potential referrals,
- 27:39correct?
- 27:40You know, you it's the visibility, okay.
- 27:42People walk down the hall and they see an ENT board outside.
- 27:46Okay. Yeah. Yeah.
- 27:47Is there a lab, that you can use in the building or radiology?
- 27:52Or no, it's all physicians.
- 27:53No. There are labs also in the building.
- 27:56And, yes, I can send it to them.
- 27:59No ownership or anything.
- 28:01We send it to them and that's it.
- 28:02Yeah.
- 28:03I just want people to envision what a solo practice with one advanced
- 28:07practice provider, two audiologists looks like in their mind,
- 28:10especially in New York. So I appreciate that.
- 28:12And where's the practice located?
- 28:14What suburb or what city?
- 28:16So we are in what is called Nassau County, which is part of the region
- 28:20called Long Island.
- 28:21So about 25 miles east of New York City.
- 28:25Yeah. Thank you for that.
- 28:27Helping our folks understand.
- 28:29So let's end with the future.
- 28:32What do you see out there?
- 28:33You've lived through a lot of cycles.
- 28:34You've had exquisite training.
- 28:36You practice in New York.
- 28:38What do you think the next ten years look like for solo practitioners?
- 28:42Not your office, per se.
- 28:43But if you are there representing solo practice,
- 28:47American otolaryngology medicine, what does it look like?
- 28:52So again, I do not know the future, but
- 28:55what I do know is that more things change, more they remain the same.
- 28:58And there are some basic principles which would stay.
- 29:03We would need doctors.
- 29:05We would need otolaryngologists.
- 29:07And board certified otolaryngologists are some of the best trained in the world.
- 29:13So people are going to need us.
- 29:16And if we can continue to provide
- 29:20good service, we would have food on the table.
- 29:23I this is why I'm a member of the Academy,
- 29:26because I need you to sort of lobby
- 29:30for me in Washington, DC for,
- 29:35you know, better compensation and better things.
- 29:38And yes, obviously there is consolidation.
- 29:42Academic places, you know, they serve a great need,
- 29:47but people would need access to care.
- 29:50And with the workforce not being there,
- 29:53if given certain can run an ENT urgent care
- 29:59with physician assistants and nurse practicianers.
- 30:03I think if there is an entrepreneurial, enterprising
- 30:07doctor,
- 30:08if you want to run a practice, he can run it, start it as an urgent care,
- 30:12ENT urgent care.
- 30:13That's what I think my practice is, you know, and then there is work
- 30:18for everybody.
- 30:19The main thing is take care of your own health,
- 30:22your family, and you got to enjoy what you do.
- 30:27Would you do it again?
- 30:29Solo practice. Did you make the right decision?
- 30:31Did you find the place for a micromanager who wants to run a practice
- 30:37and loves taking histories and talking to patients?
- 30:40Would you do it again?
- 30:42So far as I told you, I don't work,
- 30:44so I am enjoying the way it is.
- 30:47I don't know the future.
- 30:49Certainly.
- 30:50You know, as I said, sometimes the grass looks greener on the other side,
- 30:54but for now, I'm having fun.
- 30:57Well, one of the highlights of my job is meeting people.
- 31:00Thank you for calling me.
- 31:02I think in November, we struck up a friendship, followed
- 31:06by your family foundation donation to the International Visiting Scholars.
- 31:10Since then, we've exchanged phone calls.
- 31:12And I appreciate learning from you, because we take that on Capitol Hill
- 31:16and we work with health policy and insurers.
- 31:19So I'm blessed to make a new friend.
- 31:20Doctor Kakani, thank you for sharing your wisdom with our audience.
- 31:24And they know how to reach you.
- 31:26Doctor Rajesh Kakani, thank you.
- 31:28Thank you and thank you for your leadership.
- 31:30Thank you for what you do.
- 31:32And please, please, please keep, you know, sort of advocating for us
- 31:37all over the place. Thank you.
- 31:39we hope today's episode sparked some fresh ideas.
- 31:42If it resonated with you, please subscribe and share it with friends.
- 31:46Have thoughts or suggestions?
- 31:47Use the feedback form in the show notes.
- 31:49We'd love to hear from you, and don't forget to follow us on social media
- 31:52for highlights behind the scenes content and updates.
- 31:56Thanks for listening. See you next time!