Impending Death of Hospitals Archives - Wisdom. Applied.

Hospitals and the Return of the Company Town

Mark — Mon, 15 Dec 2025 18:11:12 +0000

Are hospitals becoming modern company towns for physicians? Explore the parallels, risks, and emerging alternatives for independence.

The post Hospitals and the Return of the Company Town appeared first on Wisdom. Applied..

Why Bigger Hospitals May Actually Be More Fragile

Mark — Mon, 14 Apr 2025 15:10:56 +0000

In healthcare, size used to signal strength. Bigger meant more services, more specialists, more veritas. But what if all that bulk is actually a liability?

The post Why Bigger Hospitals May Actually Be More Fragile appeared first on Wisdom. Applied..

What Do You Do When Your Hospital Goes Bankrupt? – Success in Motion

Mark — Tue, 06 Aug 2024 10:26:00 +0000

Ride along with Mark on a tour of bankrupt facilities and broken physician dreams.

The post What Do You Do When Your Hospital Goes Bankrupt? – Success in Motion appeared first on Wisdom. Applied..

In-Home Emergency Care Will Contribute to Putting Hospitals on Life-Support

Mark — Mon, 01 Jul 2024 15:07:45 +0000

What will be left after many more services are pulled out of the hospital?

The post In-Home Emergency Care Will Contribute to Putting Hospitals on Life-Support appeared first on Wisdom. Applied..

The Only Thing the Hospital Has to Fear Is Fear Itself – Medical Group Minute

Mark — Wed, 03 Apr 2024 08:37:00 +0000

Do you know the secrets of using fear of loss as a tactic in hospital negotiations?

The post The Only Thing the Hospital Has to Fear Is Fear Itself – Medical Group Minute appeared first on Wisdom. Applied..

Buddy, Can You Spare a Dime? Hospital Turns to Crowdfunding to Stay Afloat. – Podcast

Mark — Thu, 14 Mar 2024 09:11:00 +0000

I've written about hospital closures, but before today, I've never written about a hospital that turned to crowdfunding to stay afloat.

The post Buddy, Can You Spare a Dime? Hospital Turns to Crowdfunding to Stay Afloat. – Podcast appeared first on Wisdom. Applied..

Buddy, Can You Spare a Dime? Hospital Turns to Crowdfunding to Stay Afloat. – Medical Group Minute

Mark — Wed, 28 Feb 2024 09:33:00 +0000

I've written about hospital closures, but before today, I've never written about a hospital that turned to crowdfunding to stay afloat.

The post Buddy, Can You Spare a Dime? Hospital Turns to Crowdfunding to Stay Afloat. – Medical Group Minute appeared first on Wisdom. Applied..

When the First Class Physicians Leave the Hospital, Who’ll Be Left? – Medical Group Minute

Mark — Wed, 01 Nov 2023 08:17:00 +0000

There's a growing trend of dissatisfaction on the part of office practice physicians employed by, or otherwise closely aligned with, hospitals.

The post When the First Class Physicians Leave the Hospital, Who’ll Be Left? – Medical Group Minute appeared first on Wisdom. Applied..

Buddy, Can You Spare a Dime? Hospital Turns to Crowdfunding to Stay Afloat.

Mark — Mon, 18 Sep 2023 15:40:20 +0000

I've written about hospital closures, but before today, I've never written about a hospital that turned to crowdfunding to stay afloat.

The post Buddy, Can You Spare a Dime? Hospital Turns to Crowdfunding to Stay Afloat. appeared first on Wisdom. Applied..

What? Merged Hospitals Don’t Deliver Higher Quality! – Podcast

Mark — Thu, 17 Aug 2023 09:48:00 +0000

The healthcare world was supposedly abuzz when the New England Journal of Medicine reported that shows that consolidation in the hospital industry doesn’t lead to higher patient satisfaction or to higher quality.

The post What? Merged Hospitals Don’t Deliver Higher Quality! – Podcast appeared first on Wisdom. Applied..

The Only Thing the Hospital Has to Fear Is Fear Itself – Podcast

Mark — Thu, 18 May 2023 11:25:00 +0000

Do you know the secrets of using fear of loss as a tactic in hospital negotiations?

The post The Only Thing the Hospital Has to Fear Is Fear Itself – Podcast appeared first on Wisdom. Applied..

Thank God, You’re About to Be Treated by the Chief Transformation Officer! – Podcast

Mark — Thu, 20 Oct 2022 11:00:00 +0000

Hospitals are focusing their hard and few-earned dollars exactly where it counts, spending big bucks on the physician executives...

The post Thank God, You’re About to Be Treated by the Chief Transformation Officer! – Podcast appeared first on Wisdom. Applied..

Thank God, You’re About to Be Treated by the Chief Transformation Officer! – Medical Group Minute

Mark — Wed, 29 Jun 2022 11:00:00 +0000

Hospitals are focusing their hard and few-earned dollars exactly where it counts, spending big bucks on the physician executives.

The post Thank God, You’re About to Be Treated by the Chief Transformation Officer! – Medical Group Minute appeared first on Wisdom. Applied..

The Future of Healthcare Is Functions, Not Places

Mark — Mon, 08 Nov 2021 16:30:27 +0000

The issue is the function, patient care, not the location in which care is delivered.

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What? Merged Hospitals Don’t Deliver Higher Quality! – Medical Group Minute

Mark — Wed, 19 May 2021 11:00:00 +0000

The healthcare world was supposedly abuzz last week when the New England Journal of Medicine published (on Jan 2, 2020) the report of a study that shows that consolidation in the hospital industry doesn’t lead to higher patient satisfaction or to higher quality.

The post What? Merged Hospitals Don’t Deliver Higher Quality! – Medical Group Minute appeared first on Wisdom. Applied..

Hospital Says Thanks For 30 Years Worth of Patients, but What Have You Done for Us Lately? – Success in Motion

Mark — Tue, 04 May 2021 11:00:00 +0000

Ride along with Mark as he talks about conquering the fear of branching out, a disease that plagues too many medical group leaders.

The post Hospital Says Thanks For 30 Years Worth of Patients, but What Have You Done for Us Lately? – Success in Motion appeared first on Wisdom. Applied..

Is It Really Easier to Schedule Coverage of a Closed Hospital? – Podcast

Mark — Thu, 08 Apr 2021 11:00:00 +0000

We used to joke about the name of Midway Hospital, an acute care hospital in L.A., saying that it was midway between life and death.

The post Is It Really Easier to Schedule Coverage of a Closed Hospital? – Podcast appeared first on Wisdom. Applied..

Mitigating Against Risk to Physician Groups of Hospital Closure – Podcast

Mark — Thu, 01 Apr 2021 11:00:00 +0000

Another week, another hospital closes. Well, at least one.

The post Mitigating Against Risk to Physician Groups of Hospital Closure – Podcast appeared first on Wisdom. Applied..

Is It Really Easier to Schedule Coverage of a Closed Hospital? – Medical Group Minute

Mark — Wed, 10 Mar 2021 12:00:00 +0000

We used to joke about the name of Midway Hospital, an acute care hospital in L.A., saying that it was midway between life and death.

An anesthesiologist, commenting on my theme that inpatient care is becoming outpatient care and that the center of outpatient care isn't the hospital but the freestanding facility, in his case the ASC, told me that I was missing an element in the analysis.

The post Is It Really Easier to Schedule Coverage of a Closed Hospital? – Medical Group Minute appeared first on Wisdom. Applied..

Mitigating Against Risk to Physician Groups of Hospital Closure – Medical Group Minute

Mark — Wed, 03 Mar 2021 12:00:00 +0000

Another week, another hospital closes. Well, at least one.

Yes, this is a popular topic for the blog, because each additional hospital closure underscores the risk for physicians and medical groups that don’t spread risk. The lesson applies to both hospital-based and office-based physicians, although not necessarily equally.

The post Mitigating Against Risk to Physician Groups of Hospital Closure – Medical Group Minute appeared first on Wisdom. Applied..

Chicago’s Oldest Hospital to Close. Provides Lesson On Not Opening Another One.

Mark — Mon, 15 Feb 2021 12:00:00 +0000

Back in October, 2020, I wrote, in a post called City Loses Hospitals Like We Lose Our Keys...

The post Chicago’s Oldest Hospital to Close. Provides Lesson On Not Opening Another One. appeared first on Wisdom. Applied..

More On What Do You Call a Hospital with Irrelevant ORs Other Than “Bankrupt”? – Medical Group Minute

Mark — Wed, 10 Feb 2021 12:00:00 +0000

Quick quiz: If a patient or a payor has the choice of having a procedure performed (A) on a hospital inpatient basis, or (B) on an outpatient basis, then, assuming it's safe to perform that procedure on that patient in either setting, at which setting will it be performed?

The post More On What Do You Call a Hospital with Irrelevant ORs Other Than “Bankrupt”? – Medical Group Minute appeared first on Wisdom. Applied..

Is It Really Easier to Schedule Coverage of a Closed Hospital?

Mark — Mon, 18 Jan 2021 16:29:11 +0000

We used to joke about the name of Midway Hospital, an acute care hospital in L.A., saying that it was midway between life and death.

The post Is It Really Easier to Schedule Coverage of a Closed Hospital? appeared first on Wisdom. Applied..

What Do You Call A Hospital With Irrelevant ORs Other Than “Bankrupt”? – Podcast

Mark — Thu, 17 Dec 2020 12:00:00 +0000

Evolutionary psychologists say that the reason we see a stick on the trail ahead of us as a snake is that it's far better for our survival to see sticks as snakes than snakes as sticks.

The post What Do You Call A Hospital With Irrelevant ORs Other Than “Bankrupt”? – Podcast appeared first on Wisdom. Applied..

More On What Do You Call a Hospital with Irrelevant ORs Other Than “Bankrupt”?

Mark — Mon, 07 Dec 2020 14:00:00 +0000

The post More On What Do You Call a Hospital with Irrelevant ORs Other Than “Bankrupt”? appeared first on Wisdom. Applied..

You Can Hold the Mayo, but Mayo Can’t Hold on to Hospital – Podcast

Mark — Thu, 29 Oct 2020 11:00:00 +0000

The tides of healthcare ebb and flow like the width of men’s ties and the political affiliation of Michael Bloomberg.

The post You Can Hold the Mayo, but Mayo Can’t Hold on to Hospital – Podcast appeared first on Wisdom. Applied..

City Loses Hospitals Like We Lose Our Keys

Mark — Mon, 26 Oct 2020 13:00:00 +0000

Chances are, you've lost your keys and maybe even your wallet. But have you ever lost a hospital?

The post City Loses Hospitals Like We Lose Our Keys appeared first on Wisdom. Applied..

You Can Hold the Mayo, But Mayo Can’t Hold on to Hospital – Medical Group Minute

Mark — Wed, 16 Sep 2020 11:00:00 +0000

The tides of healthcare ebb and flow like the width of men’s ties and the political affiliation of Michael Bloomberg.

The post You Can Hold the Mayo, But Mayo Can’t Hold on to Hospital – Medical Group Minute appeared first on Wisdom. Applied..

Hospital Performs Surgery on Itself and Cuts Off More Than Half Its Beds – Podcast

Mark — Thu, 27 Aug 2020 11:00:00 +0000

Listen as Mark discusses what could happen if patients no longer need you, or, at least, not as much of you?

The post Hospital Performs Surgery on Itself and Cuts Off More Than Half Its Beds – Podcast appeared first on Wisdom. Applied..

How Physician Alignment Destroyed Hospital-Physician Collaboration – Success in Motion

Mark — Tue, 07 Apr 2020 11:00:53 +0000

Ride along with Mark as he discusses how the short-term message underlying physician alignment has destroyed hospital-physician collaboration and contributed to the impending death of hospitals.

The post How Physician Alignment Destroyed Hospital-Physician Collaboration – Success in Motion appeared first on Wisdom. Applied..

Hospital Abandons Physician ASC Partners – Podcast

Mark — Thu, 27 Feb 2020 12:00:00 +0000

Listen while Mark discusses a hospital’s announcement that it’s closing down its physician joint venture ASC. Was it really their decision? Or have the physician partners realized that they no longer need the hospital?

The post Hospital Abandons Physician ASC Partners – Podcast appeared first on Wisdom. Applied..

Hospital Abandons Physician ASC Partners – Medical Group Minute

Mark — Wed, 22 Jan 2020 12:00:00 +0000

Was it really their decision? Or have the physician partners realized that they no longer need the hospital?

The post Hospital Abandons Physician ASC Partners – Medical Group Minute appeared first on Wisdom. Applied..

What? Merged Hospitals Don’t Deliver Higher Quality!

Mark — Mon, 06 Jan 2020 14:00:00 +0000

At first, I thought it was a joke.

The post What? Merged Hospitals Don’t Deliver Higher Quality! appeared first on Wisdom. Applied..

You Can Hold the Mayo, But Mayo Can’t Hold on to Hospital

Mark — Mon, 09 Dec 2019 14:00:29 +0000

The tides of healthcare ebb and flow like the width of men's ties and the political affiliation of Michael Bloomberg.

The post You Can Hold the Mayo, But Mayo Can’t Hold on to Hospital appeared first on Wisdom. Applied..

Hospital Abandons Physician ASC Partners

Mark — Mon, 02 Dec 2019 14:04:48 +0000

Earlier this year, I read a news piece on a health system in Memphis called Methodist Le Bonheur Healthcare that had announced that it would be closing the joint venture ASC that it operates in concert with over one hundred physician partners.

The post Hospital Abandons Physician ASC Partners appeared first on Wisdom. Applied..

History Rhymes in Healthcare Just as It Does in Home Delivery Services: Ride the Trend – Podcast

Mark — Thu, 14 Nov 2019 12:00:38 +0000

Mark discusses the fact that trends, even those that seem modern, such as home delivery of fully prepared meals, are simply history repeating itself or, at least, rhyming. Understanding this facilitates your exploitation of trends in healthcare.

The post History Rhymes in Healthcare Just as It Does in Home Delivery Services: Ride the Trend – Podcast appeared first on Wisdom. Applied..

Hospital Performs Surgery on Itself and Cuts Off More Than Half Its Beds

Mark — Mon, 28 Oct 2019 13:00:21 +0000

According to Karen Teitelbaum, President and CEO of Sinai Health System, “all hospitals are looking at how to transform care delivery and responsibly allocate resources to address changing patient needs.”

The post Hospital Performs Surgery on Itself and Cuts Off More Than Half Its Beds appeared first on Wisdom. Applied..

Why You Must Know About a University’s Captive Medical Group Filing Bankruptcy – Podcast

Mark — Thu, 03 Oct 2019 15:10:00 +0000

Hospital systems across the country suffer from bloated fixed costs, huge payrolls, layers and layers of bureaucracy, and management by managers, not by entrepreneurial thinkers.

The post Why You Must Know About a University’s Captive Medical Group Filing Bankruptcy – Podcast appeared first on Wisdom. Applied..

Why You Must Know About a University’s Captive Medical Group Filing Bankruptcy – Medical Group Minute

Mark — Wed, 04 Sep 2019 17:31:03 +0000

Hospital systems across the country suffer from bloated fixed costs, huge payrolls, layers and layers of bureaucracy, and management by managers, not by entrepreneurial thinkers.

The post Why You Must Know About a University’s Captive Medical Group Filing Bankruptcy – Medical Group Minute appeared first on Wisdom. Applied..

The Impending Death of Yet Another Large Hospital

Mark — Mon, 01 Jul 2019 16:50:50 +0000

It’s easy to be a backseat driver, but in the context of case flight from hospitals to outpatient facilities, buying large hospitals from national chains “because we can run them better” is a bit risky. Well, what the heck, it’s incredibly risky, so risky in fact, that one investor, Joel Freedman, and his company American...

The post The Impending Death of Yet Another Large Hospital appeared first on Wisdom. Applied..

Community Hospitals Must Change or Die. Change Presents Opportunity for Entrepreneurial Physicians – Medical Group Minute

Mark — Wed, 20 Mar 2019 18:01:04 +0000

Creative destruction is taking aim directly at community hospitals. You can fight to save them.

The post Community Hospitals Must Change or Die. Change Presents Opportunity for Entrepreneurial Physicians – Medical Group Minute appeared first on Wisdom. Applied..

Hospital Abandons Physician ASC Partners – Success in Motion

Mark — Tue, 22 Jan 2019 17:29:58 +0000

Was it really their decision? Or have the physician partners realized that they no longer need the hospital?

The post Hospital Abandons Physician ASC Partners – Success in Motion appeared first on Wisdom. Applied..

Community Hospitals Must Change or Die. Change Presents Opportunity for Entrepreneurial Physicians. – Podcast

Mark — Thu, 03 Jan 2019 17:25:33 +0000

Creative destruction is taking aim directly at community hospitals

The post Community Hospitals Must Change or Die. Change Presents Opportunity for Entrepreneurial Physicians. – Podcast appeared first on Wisdom. Applied..

CMS Cuts Payments to Hospital Outpatient Clinics by 40% and Boosts Independent Physician Practice and Physician-Owned Facilities – Podcast

Mark — Thu, 29 Nov 2018 17:30:53 +0000

In one fell swoop, CMS pulled the rug out from under hospital control of physician practice, rendering many, if not almost all, hospital outpatient clinics unprofitable.

The post CMS Cuts Payments to Hospital Outpatient Clinics by 40% and Boosts Independent Physician Practice and Physician-Owned Facilities – Podcast appeared first on Wisdom. Applied..

Why You Must Know About A University’s Captive Medical Group Filing Bankruptcy

Mark — Mon, 12 Nov 2018 16:00:52 +0000

Last week, on November 7, 2018, the medical group affiliated with Michigan’s Wayne State University Medical School, University Physician Group, which does business as Wayne State University Physician Group (“WSUPG”), filed Chapter 11 bankruptcy. How is that even possible, you ask? After all, you were told that there’s safety in what is essentially hospital employment....

The post Why You Must Know About A University’s Captive Medical Group Filing Bankruptcy appeared first on Wisdom. Applied..

CMS Cuts Payments to Hospital Outpatient Clinics by 40% and Boosts Independent Physician Practice and Physician-Owned Facilities

Mark — Mon, 05 Nov 2018 15:37:11 +0000

In one fell swoop, CMS pulled the rug out from under hospital control of physician practice, rendering many, if not almost all, hospital outpatient clinics unprofitable. But this isn’t a story about hospitals. It’s a story about the positive impact the change will make on opportunities for physicians, both in connection with independent medical practices...

The post CMS Cuts Payments to Hospital Outpatient Clinics by 40% and Boosts Independent Physician Practice and Physician-Owned Facilities appeared first on Wisdom. Applied..

Community Hospitals Must Change or Die. Change Presents Opportunity for Entrepreneurial Physicians.

Mark — Mon, 29 Oct 2018 15:00:47 +0000

n a recent article in the North Bay Business Journal, Jan Emerson-Shea, vice president, external affairs at the California Hospital Association, was quoted, when speaking of community hospitals, as saying that, “there’s a host of challenges that all hospitals face but particularly these small, independent hospitals.

The post Community Hospitals Must Change or Die. Change Presents Opportunity for Entrepreneurial Physicians. appeared first on Wisdom. Applied..

Thank God, You’re About to Be Treated by the Chief Transformation Officer!

Mark — Mon, 08 Oct 2018 15:00:27 +0000

Learn how hospital closures are influenced by spending on top physician executives and what it means for healthcare.

The post Thank God, You’re About to Be Treated by the Chief Transformation Officer! appeared first on Wisdom. Applied..

Can Hospital Affiliated ASCs Survive? – Medical Group Minute

Mark — Wed, 19 Sep 2018 16:00:47 +0000

If a procedure can be performed outside of the hospital, it will be performed outside of the hospital.

The post Can Hospital Affiliated ASCs Survive? – Medical Group Minute appeared first on Wisdom. Applied..

History Rhymes in Healthcare Just as it Does in Home Delivery Services: Ride the Trend – Medical Group Minute

Mark — Wed, 29 Aug 2018 16:00:00 +0000

Mark discusses the fact that trends, even those that seem modern, such as home delivery of fully prepared meals, are simply history repeating itself

The post History Rhymes in Healthcare Just as it Does in Home Delivery Services: Ride the Trend – Medical Group Minute appeared first on Wisdom. Applied..

Physician Opportunity: Hospital CFOs Freak Out Over Failed Business Model

Mark — Mon, 16 Jul 2018 15:00:52 +0000

It’s not quite like life imitating art, but it’s probably as close to it as I’m going to see today. I just read a puff piece sponsored by Bank of America, pricey click bait for hospital CFOs, that supposedly features a roundtable “conversation” among (oxymoron warning) forward-looking hospital CFOs. Apparently, these CFOs have just realized...

The post Physician Opportunity: Hospital CFOs Freak Out Over Failed Business Model appeared first on Wisdom. Applied..

History Rhymes in Healthcare Just as it Does in Home Delivery Services: Ride the Trend

Mark — Mon, 18 Jun 2018 15:00:54 +0000

I read an interesting blog post about the fact that we tend to think we live in such modern times, when, in many cases, what we see as new is simply the repeat of a prior trend. The current instance may not be the same technologically, but, at its heart, it’s one and the same...

The post History Rhymes in Healthcare Just as it Does in Home Delivery Services: Ride the Trend appeared first on Wisdom. Applied..

Incentive and Compensation Plans for Medical Group and Healthcare Businesses – Medical Group Minute

Mark — Wed, 14 Feb 2018 17:00:49 +0000

Compensation plans work in conjunction with all agreements to incentivize the climate you want in your medical group.

The post Incentive and Compensation Plans for Medical Group and Healthcare Businesses – Medical Group Minute appeared first on Wisdom. Applied..

Mitigating Against Risk to Physician Groups of Hospital Closure

Mark — Mon, 12 Feb 2018 14:48:31 +0000

Explore the impact of hospital closure on communities and healthcare providers amid rising closures across the nation.

The post Mitigating Against Risk to Physician Groups of Hospital Closure appeared first on Wisdom. Applied..

Hospital Becomes Hole in Ground. ASC Takes up the Slack.

Mark — Mon, 22 Jan 2018 16:00:11 +0000

Explore scalable, physician-owned outpatient care models like ASCs, imaging, and urgent care—all under one roof.

The post Hospital Becomes Hole in Ground. ASC Takes up the Slack. appeared first on Wisdom. Applied..

Honey I Shrunk the Hospital! – Podcast

Mark — Thu, 11 Jan 2018 17:00:12 +0000

Behold! We have the incredible shrinking hospital.

The post Honey I Shrunk the Hospital! – Podcast appeared first on Wisdom. Applied..

Can Hospital Affiliated ASCs Survive?

Mark — Mon, 04 Dec 2017 16:00:55 +0000

If a procedure can be performed outside of the hospital, it will be performed outside of the hospital. And, as technology and payor acceptance accelerate, more, even most, procedures will be performed outside of a hospital.

The post Can Hospital Affiliated ASCs Survive? appeared first on Wisdom. Applied..

History Rhymes in Healthcare Just as it Does in Home Delivery Services: Ride the Trend – Success in Motion

Mark — Tue, 14 Nov 2017 17:00:58 +0000

Ride along with Mark as he discusses the fact that trends, even those that seem modern, such as home delivery of fully prepared meals, are simply history repeating itself.

The post History Rhymes in Healthcare Just as it Does in Home Delivery Services: Ride the Trend – Success in Motion appeared first on Wisdom. Applied..

Massive Outpatient Clinic™ – Success in Motion

Mark — Tue, 25 Apr 2017 16:00:07 +0000

Ride along with Mark as he discusses the new concept of the physician-owned Massive Outpatient Clinic™, the MOC™.

The post Massive Outpatient Clinic™ – Success in Motion appeared first on Wisdom. Applied..

The Fast and the Dead – Podcast

Mark — Thu, 20 Apr 2017 16:00:11 +0000

Let's listen in to a series of calls from a potential deal partner to the office of the Smith and Jones Medical Group.

The post The Fast and the Dead – Podcast appeared first on Wisdom. Applied..

Honey, I Shrunk the Hospital!

Mark — Mon, 16 Jan 2017 16:00:55 +0000

Explore the death of hospitals as we know them. Discover how technology is reshaping healthcare and shifting to outpatient facilities.

The post Honey, I Shrunk the Hospital! appeared first on Wisdom. Applied..

Payor Contracting Is a Process, Not an Event – Medical Group Minute

Mark — Wed, 05 Oct 2016 16:00:37 +0000

My friend Steve had a paper route, delivering the LA Times on his bike early in the morning.

The post Payor Contracting Is a Process, Not an Event – Medical Group Minute appeared first on Wisdom. Applied..

Who’s Driving the Management Bus? – Success in Motion

Mark — Tue, 04 Oct 2016 16:00:03 +0000

Jim Collins wrote about putting the right people on the bus. Ride along with Mark as he talks about who’s driving it.

The post Who’s Driving the Management Bus? – Success in Motion appeared first on Wisdom. Applied..

When the First Class Physicians Leave the Hospital, Who’ll Be Left?

Mark — Mon, 27 Jun 2016 15:00:35 +0000

When elite physicians exit hospital systems, medical groups must adapt fast or risk losing talent, reputation, and competitive advantage.

The post When the First Class Physicians Leave the Hospital, Who’ll Be Left? appeared first on Wisdom. Applied..

Payor Contracting is a Process, Not an Event

Mark — Mon, 11 Apr 2016 12:11:02 +0000

Payor contracting is an ongoing process, not a one-time event. Regular reviews and renegotiations are essential for optimal terms.

The post Payor Contracting is a Process, Not an Event appeared first on Wisdom. Applied..

A Clear Picture of the Future of Medical Practice – Podcast

Mark — Thu, 07 Apr 2016 16:00:14 +0000

Kodak was once the country's leader in photography. Then along came both Fujifilm and digital photography. And bankruptcy. And a lesson for medical group leaders.

The post A Clear Picture of the Future of Medical Practice – Podcast appeared first on Wisdom. Applied..

A Clear Picture of the Future of Medical Practice

Mark — Mon, 08 Feb 2016 16:00:37 +0000

Failing to adapt to the landscape of healthcare could provide fatal for you, just as the digital age ended Kodak's.

The post A Clear Picture of the Future of Medical Practice appeared first on Wisdom. Applied..

You’re Invited: January 28, 2016, Presentation – The Impending Death of Hospitals

Mark — Tue, 19 Jan 2016 01:58:47 +0000

At 5:30 p.m. on January 28th, I'll be giving an abbreviated presentation on the theme of my soon-to-be released book, The Impending Death of Hospitals.

The post You’re Invited: January 28, 2016, Presentation – The Impending Death of Hospitals appeared first on Wisdom. Applied..

“Thank You” – Podcast

Mark — Thu, 15 Jan 2015 14:00:39 +0000

When my kids were younger, we used to play a game when we left a store...

The post “Thank You” – Podcast appeared first on Wisdom. Applied..

The Fast and the Dead

Mark — Thu, 06 Mar 2014 16:00:29 +0000

If a medical group cannot govern itself, if it is structured like a true democracy, one owner, one vote on everything, or if it has a bloated board, it will never be able to make decisions with the speed required for its continued success.

The post The Fast and the Dead appeared first on Wisdom. Applied..

Retain the Right to Repurchase Your Practice

Mark — Wed, 23 Oct 2013 15:00:59 +0000

You decided to sell your medical group to a large national group or to the hospital. If you’ve been paying attention to my blog posts, you know that I strongly believe that the creation of large players in healthcare, especially large hospital-centric players, is making the industry far more fragile, far more prone to fail...

The post Retain the Right to Repurchase Your Practice appeared first on Wisdom. Applied..

Luck – Medical Group Minute

Mark — Tue, 12 Mar 2013 16:00:00 +0000

I'm fascinated by the role that luck plays in success.

The post Luck – Medical Group Minute appeared first on Wisdom. Applied..

The Only Thing the Hospital Has to Fear Is Fear Itself

Mark — Mon, 27 Feb 2012 17:00:32 +0000

Hospitals often rely on fear to control negotiations with physician groups. Learn how fear tactics work—and how you can politely refuse to play the game.

The post The Only Thing the Hospital Has to Fear Is Fear Itself appeared first on Wisdom. Applied..

“Thank You!”

Mark — Sat, 26 Sep 2009 23:16:11 +0000

Physicians prioritizing patient relationships align themselves to outperform their competitors and boost their long term success.

The post “Thank You!” appeared first on Wisdom. Applied..

Hospital Based Groups Must Get Aggressive

Mark — Wed, 28 Jan 2009 23:14:02 +0000

The sky is falling — I know, I heard it on the news today. The healthcare market is in a state of flux.

The post Hospital Based Groups Must Get Aggressive appeared first on Wisdom. Applied..

Luck

Mark — Fri, 07 Nov 2008 01:33:15 +0000

Explore the concept of success and luck. Discover how to take charge of your future instead of relying on random outcomes.

The post Luck appeared first on Wisdom. Applied..