Mistakes happen. There’s a divergence of opinion on the question of whether or not to apologize or express sorrow over a healthcare error.
Category: Employment-Hospital
It’s great to develop team spirit and camaraderie to hold a group together. But it’s not enough to rely on it to protect your group’s sensitive data and strategies.
Hospital employment? Sure, it’s security… in some alternative universe.
Have they got a deal for you. As a physician, you’re concerned about increasing competition, declining reimbursement, and, of course, the impact of the ACA. So, you’ve been thinking, as have many, many of your colleagues, that it’s time to give up independent practice, whether truly solo practice or as a member of a group. […]
I’ve described exclusive contract relationships between hospital-based groups and facilities as being Relationship Contracts™, not Transactional Contracts™. To recap what I mean by those terms, Transactional Contracts™ are ones in which the parties negotiate for a deal which, essentially, terminates as of the closing. For example, think about the purchase of a car or the purchase […]
I recently read an article about a physician who had sold his practice to a hospital.
Growing up in the 1970s, parents urged their children to go to school, get a degree, and then work for a great company. Even kids who went into factory jobs heard a similar version of this story. You’d be set for life — the security — or so the story went. Then came “right sizing” […]
Employment by hospitals is no safe harbor for physicians; in fact, it’s quite the opposite.
The economy is in shambles and some say we’re headed into a double dip recession. The Medicaid population is growing and the ranks of well insured are declining. As Baby Boomers age, the Medicare population is growing. If yours is an average group, you’re doing more work for less pay. Chances are, you’re being asked […]
Does the hospital want a relationship with your group or does it just want a transaction? One of the key elements in the changing healthcare market is the fact that there is a growing desire on the part of many facilities to devalue the relationship aspects of their dealings with physician groups. Instead, they view […]
