In connection with healthcare M&A deals there’s a lot of talk about value. Note that I didn’t say “fair market value,” which generally doesn’t have any real linkage to the market, isn’t of any real value other than to cover one’s ass or convince you to settle for less, and is only “fair” if you’ve…
Strategy
Mermaids and Medical Groups
On a January day in 1493 off the coast of the island of Dominica, Christopher Columbus reported seeing three “mermaids” — in reality manatees. Columbus commented that in real life, mermaids were “not half as beautiful as they are painted.” Just as Columbus was blinded by his expectations, many medical group leaders see things not…
Where’s the Future?
Some of us feel that we were promised careers that didn’t turn out as advertised. But just like the flying cars, those promises weren’t real promises, they were simply projections.
Hedge or Hedgehog or ???
Those who are hedging view the world differently. Rather than simply building an insular hedge around their business, they expand outside of that hedge, taking on other business, in some ways both related and unrelated.
Alternative to Commoditized Practice – Podcast
As the chill of Obamacare becomes felt, more and more physicians are looking for alternatives to commoditized medical practice.
The Magic Hat and Medical Group Strategy
Hospitals are building monopolies, employing and otherwise “aligning” physicians.
I Want to Become a Partner
Partnership is, it appears, the Holy Grail that, once grasped, results in eternal professional success. But what does partnership really mean?
Don’t Fall in Love With Any One Deal
Perhaps think of it this way: Your practice’s house is for sale. You don’t have to move.
Three Strategic Lessons for Independent Medical Groups
As healthcare entities become larger they appear as formidable competitors in the marketplace.
The Promise-Delivery Gap – Medical Group Minute
National groups often over-promise and under-deliver. Take advantage of it.