A few years ago, I read about someone who sent a text message to a person with whom he was having an argument. In the text, the sender wrote something like, “I’ll get you,” followed by an emoji of a little bomb. That little bomb was interpreted to be a death threat and the sender ended up a convict.
Category: Managing Risk
Ride along with Mark as he discusses the importance of doing things right before entering into deals. “Saving” $20,000 up front isn’t saving when you later get hit with $4 million in damages.
Seemingly discreet events in the life of running a medical group, are actually all related.
The Stark Law makes it illegal for a hospital to bill Medicare for certain services referred by physicians with whom the hospital has a financial relationship unless the arrangement falls within one of the law’s specific exceptions.
Medical Groups and entrepreneurial physicians must learn to manage business risk as a part of their overall strategy.
Seemingly discrete events in the life of running a hospital-based medical group are interrelated in terms of either leading to the group’s business success or resulting in its failure. Each event, each instance, each interaction, whether within your group, between your group and the hospital, or between group members and other physicians, reverberates far beyond […]
You’ve asked for it: The three most important things I recommend you do for your medical group to thrive in a down economy. Here they are.
GM ran its business into the ground by becoming focused on everything other than building cars that their customers wanted. They didn’t even understand who their customers were (in the car business, manufacturers hold to the belief that the dealers are their customers). But when people stop buying cars, the dealers stop buying cars and the whole system slows or shuts down.
