How will physicians fit within the bureaucratically envisioned healthcare system of the future?
Author: Mark
Managing Risk: Required for Success – Podcast
Medical Groups and entrepreneurial physicians must learn to manage business risk as a part of their overall strategy.
The Next Frontier: The Battle Over Hospital-Centric Healthcare
When I have a question about my health, about the last thing I think of is calling the hospital; I call my doctor.
Is Cheap the New Loyal?
Until recently, hospitals granting exclusivity to a group demanded exclusivity, or a close approximation, from the group in return. Their position was based on the fact that they perceived the group to be of such high value that they did not want to share it with another facility.
The Sole Restaurant Syndrome and Medical Practice Failure
If you owned the only restaurant in town, chances are that even in a recession, business would be pretty good. People would be flocking to you and you wouldn’t have to do much, if anything, to drive business.
More on Compensation Plans – Align Rewards With Required Efforts
Physicians may trust their colleagues in the sense of their professional relationships, but when it comes to business relationships within a medical group, especially those relating to money, trust is a rare commodity. In fact, in connection with money matters, most group members tend to have an “eat what I kill” mentality, seeking to maximize…
Are You Headed to the Healthcare Factory? – Podcast
Are physicians going each day to a factory . . . a factory of a different kind?
Will All Physicians Be Hospital-Based?
If you think that exclusive contracts are just for the hospital-based specialties, anesthesiology, emergency medicine, pathology, and radiology, you’re wrong.
Socialism is Alive and Well Within Medical Groups
Socialism is alive and well, and I’m not simply talking about the socialistic charade of Hugo Chavez. Instead, I’m talking about the employee or subcontracted members of your group who, even though they are being paid every penny due to them pursuant to their employment agreement or subcontract, have the misguided mindset that “there is…
How to Profit From Mandatory Compliance Programs – Podcast
Obamacare mandates that physicians participating in Medicare or Medicaid have operating compliance programs. Turn the mandate into a strategic advantage.