If value, to you, exceeds the price you pay, you got a good deal. Price is what you pay, value is what you get.
Is This Missing From Your Compensation Plan? – Medical Group Minute
The harder you work, the more you make.
Pass the Salt and Don’t Lose the Deal
When negotiating with someone, whether it’s for a job, a services agreement, or anything else, you can never be sure that they won’t make a decision based on some ridiculous, subjective factor.
Into the Stream
What about your practice? Is it a single channel, even a very large single channel, or is it supported by multiple streams, streams of income, that is?
Why a 59 Year Old Deli Is a Case Study for Your Medical Practice
How dependent are you on a single referral source, a single exclusive contact, or, some other disproportionately important third party?
Grand Theft Auto – Medical Group Minute
When I was 14, my friend Steve and I were stopped by the police for breaking into a car.
An $800 Sneaker and Its Lessons for Your Business
The Wall Street Journal recently reported on the Buscemi brand of sneakers, created to be the Birken Bag’s shoe world equivalent: very hard to get and very expensive.
Why Your Group Has to Get Out of Its Own Way: Governance
Overly democratic or consensus style systems of medical group governance make it impossible for the group to adopt a strategic, as opposed to a tactical, outlook. For example, consider a consensus style forty-three physician orthopedic group that’s unable to come to agreement on how to respond to an important referral source’s request that they expand…
Physician Employment, the Pareto Principle, and the 99% – Podcast
I’ve been thinking today about Pareto-type distribution, you know the “80/20 rule,” and physician employment.
Do You Make This Mistake in Business?
Are you in business or are you just running a club? As the medical marketplace continues to shift, what chance does a club have against a real business?