You can buy a cheap pair of dress shoes that will crack and wear out in a year or you can buy shoes with an initial high price tag with much more supple leather and better craftsmanship that will last, with upkeep, more than a decade. Which pair was actually less expensive?
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…
Most hospital based physician groups aren’t committed to success at all, they’re just committed to wanting to be left alone, to staying the same. But that’s impossible. There are two classes of major practice disruptors lurking: The staffing/management services devote large budgets to advertising and marketing, and hire telemarketers to cold call your hospital. Their campaigns…
Study reveals Medicare pays more for imaging to non-radiologists. Radiologists can leverage this to capture more of the imaging market.
Physician ownership of hospitals is increasingly restricted. Explore strategies like board control and non-federal facilities for influence.
Medical groups can grow by leveraging innovation, not fearing weakness—break perceived limits to achieve real strategic advantage.
How can a hospital come to you? How can you profit from it?
Let others bemoan the bad economy. Use your time to take advantage of the opportunities.