Ep 153: The Business Side of Anesthesia

There’s no doubt that anesthesia is a big business but not every CRNA pays attention to that side of the profession. It might not be something you’re immediately interested in, but it’s important to help you understand your true value as a CRNA. Today we’re going to ask Tracy Young, MSNA, MBA, CRNA, the CEO of YPS Anesthesia, about a number of important topics involving the business side of anesthesia and what the future might hold as the industry evolves.     Read more: https://beyondthemaskpodcast.com/ep-153-the-business-side-of-anesthesia/3060/    About our guest: https://ypsanesthesia.com/     Get the CE certificate here: https://beyondthemaskpodcast.com/wp-content/uploads/2020/04/Beyond-the-Mask-CE-Cert-FILLABLE.pdf   What we discuss in this episode:  2:41 – Excited for our guest today 3:58 – Background on Tracy 6:00 – How much the business has grown 7:42 – Trials and successes 9:56 – CRNAs that want to build a business 12:41 – Other areas he’s interested in beyond anesthesia 18:47 – How COVID has changed hospitals and health facilities 22:57 – Creating a great workplace 28:12 – Flexible models 30:12 – 1099 vs W-2 36:45 – Advice for healthcare insurance 39:17 – Understanding your value 45:14 – Cost-effectiveness of CRNAs 50:46 – Future for CRNAs 54:45 – What scares him the most about the future 56:36 – Lightning round