Running a hospital based group as “service” for the hospital, functioning as a sort of clearinghouse for income and expenses, severely limits your group’s future. It limits the willingness, and the ability, of your group to pursue outside opportunities. That’s chiefly because there is tremendous pressure to pass through to the owner, and often to…
Philosophy
Thoughts on the philosophy of business and life
Can You Flip the Switch – From Physician to Group Business Leader?
Transitioning from physician to group business leader requires shifting from risk-averse to risk-embracing. Learn how to make the switch.
If Technology (and HIPAA) Drive Independent Healthcare Practice, Why the Need for Physician “Alignment?”
30 years ago, in order to practice law on a sophisticated level, you needed to be part of a firm with its relatively large support staff. You dictated and your secretary either took shorthand or transcribed the tape, typing away at a typewriter. Flash forward to today — I’m dictating this post into Evernote on…
Do You See Your Group As It Is or As You Wish It Were?
Did you ever see the infomercial for Blu-Blocker sunglasses or a copycat product? Seeming passersby are treated to the view through the lenses and, voila, what was gloomy or glary or just plain old ugly is now bright, but not too bright, clear and lovely. Are you wearing a metaphorical pair of those beauties right…
Does Your Hospital Want a Relationship or Just a Transaction?
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…
Karl Marx, M.D.
Explore how Marxism influences physician reimbursement based on labor value, rather than considering the value of patient outcomes.
Lemons to Lemonade
Explore common problems in physician and hospital relationships and learn how to address them effectively.
“Thank You!”
Physicians prioritizing patient relationships align themselves to outperform their competitors and boost their long term success.
Bondholders, Docents and Hospital-Based Groups
Hospital-based groups face shared liability—even bondholder claims can expose physicians. Know the risks in layered governance.
“Thrival” Tip: Develop Your Group’s Internal Resources
Develop your group’s internal resources. For example, make certain that your group is tightly structured to keep its weakest members from splintering under pressure. In turbulent times, individuals are often too concerned about their own survival to be focused on the group’s success.