The physicist Niels Bohr is reputed to have quipped that prediction is very difficult, especially if it’s about the future.
Your group’s practice metrics indicate all is OK. But you’re about to crash.
What are you incentivizing your employees or independent contractors to do? And what if those incentives are driving them to not do other things that are far more essential for your business? Or, even worse, what if those incentives are driving them to do things that are clearly detrimental to your business?
TSA Screeners and the Myth of Medical Group Institutionalization of Business Relationships – Podcast
A congressional study compared the performance of San Francisco International (SFO) Airport’s privately contracted screeners with those of LAX’s TSA staffed screeners.
Does your group have a contractual right to enforce standards of behavior?
Have you heard the one about the man who doesn’t walk into a bar? Medical groups generally address governance from the aspect of current control. That’s the issue of who’s in charge. I’ve written many posts on what governance structures promote, and what governance structures inhibit, the ability of a group to set strategy, to […]
“Bob, we’ve got to give you your two weeks notice. Here’s a check for the next two weeks’ compensation. Just pack your personal belongings and Jerry, here, will see you to the door.”
I recently read an article about a woman bemoaning the fact that she had been “cheated,” as her investment in General Motors bonds was about to become worthless.
To paraphrase J.P. Morgan, we always have two reasons for doing anything: a good reason and the real reason. The claimed good reason to restrict further physician owned Medicare certified hospitals, and the expansion of existing certified physician owned hospitals, is to prevent over utilization due to profit making motives. But traditional hospitals are induced […]
Grace, not her real name, was very pretty. Long blonde hair. Tall. Fun.
