Grace, not her real name, was very pretty. Long blonde hair. Tall. Fun.
It’s not uncommon for some physicians to be engaged in multiple ventures.
Marcus Lemonis of the TV show, The Profit, says that there are three “P’s” to business success: 1. People2. Product3. Procedures But in terms of medical group success, there are actually four P’s: 1. People2. Product – that is, your services3. Procedures4. Perception People The first, people, is clearly the most important. No matter how […]
As hospitals gather more power courtesy of Obamacare, some are becoming more daring in terms of extracting cash from non-aligned physicians who don’t control referrals.
Your medical group’s most important assets, its physicians and other providers, walk out the door each night.
For physician group leaders, that means showing up on time to meet, in person or remotely, with hospital administrators, to meet with potential deal partners, to meet with your bankers, and so on. Especially if what you’re showing up to is a negotiation.
Many medical groups operate as partnerships, generally partnerships of professional corporations.
I hate taking out the trash.
We all place a different value on what we receive and we’re willing to pay a comparable price. It has nothing to do with the cost to the producer or provider. Sally doesn’t care if the manufacturer of those $450 jeans is going bankrupt.
Models. No, not the skinny kind in a magazine. But conceptual frameworks. Like global warming “models” or even Obamacare.
