To succeed, groups must strategize for their own desired future and that involves telling the truth about the current state of affairs.
The healthcare tide is strong: pushing forward hospital-centric healthcare, accountable care organizations, and governmental meddling. But what way are you swimming toward your future? Are you swimming with the tide or against it? Certainly, some trends are strong and will continue to play out no matter how hard you fight against them. For those interested […]
If you are a hospital-based physician, you can be certain that there are one or more so-called national groups targeting your facility. That is, they want to put you out of business. Probably better said, first they want to take some or all of your current physician staff, and maybe some of your non-physician staff, […]
Like it or not, the practice of medicine is also a business.
In many specialties, your competitors are businesses: the so-called national groups and practice management companies.
Does your medical group have a strategy to succeed, or are you simply hoping not to fail?
There was an anesthesia billing service in the 1980’s that marketed by telling its clients that all they had to do was go to the hospital, do their cases, fill in the billing information, go home, and get paid.
“I don’t even know where to begin.” Lately, as a result of the growing financial pressure on physicians and the quickening pace of change in the healthcare market, I often hear this, or similar expressions of frustration
Hiring for skills alone is a shortsighted game plan.
Is your group playing to win or just playing not to lose? Are you working at only one facility and hoping that your exclusive contract will be renewed or that your relationship with referring physicians on the facility’s medical staff will continue to result in a stream of patients? Are you simply laying low and […]
Money. Power. Status. Popularity. The four human interest motivators. What does this mean for physicians in the context of a hospital-centric healthcare future? The hospital will control the money, but due to the need to use fair market valuation studies as backup for compliance purposes, which will lead to a spiraling down of physician compensation, […]
