In a personal services business, from medical groups to acute care hospitals, what’s more important, your people or your tangible assets?
Category: Compensation
Thirty some years ago, my father told me that you paid less for $150 shoes than you did for a $49 pair.
If you’re like most people, you hate shopping for a car. But even if you hate it, you probably follow the rule of negotiating with multiple dealers.
Last October, a federal trial court ordered Tuomey Healthcare System to pay approximately $237 million as a result of Stark Law failures that gave rise to a False Claims Act violation.
Some things are consumed. Others bring a benefit that lasts for years and even decades.
When things begin to go awry between hospitals and contracted medical groups, a common set of complaints arise.
Is your medical group’s compensation plan rewarding the right thing?
Correctly formulated, a group compensation plan is not just about encouraging efficiency, it’s about encouraging effective performance in a broad sense.
As you may know, the Patient Protection and Affordable Care Act, Obamacare, imposes a requirement – a mandatory requirement — that physician groups adopt compliance programs. These programs are not simply plans that you document, toss into a notebook and keep on a shelf – they must be living breathing programs revisited on an ongoing […]
Consistent with the communal notions of the “We” society, physicians are being told by politicians, pundits and the press that you are in social services – do you really believe this?