It’s estimated that the large national anesthesia companies have around 10 percent of the market. They certainly are on a drive to expand. To a significant degree, this expansion is driven by private equity and in some cases publicly raised money. But outside investors will only stay in the game as long as there are profits. When […]
Category: Changing Market
If it loses one contact, its only contract, your group has lost its business life.
The hospital has written the script for your future. Don’t like it? Grab your own pen.
The market for anesthesia services is changing quickly. The trends of hospital-centric healthcare and commoditized staffing services masquerading as true groups are combining to form a maelstrom that will take many local groups, as well as a significant number of facilities and the staffing services themselves, to rock bottom.
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.
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 […]