A few weeks ago I wrote in the Advisory e-Alert (March 24, 2009 issue — see this link to the e- Alert archive) about what will happen to your group when the hospital closes.
I’m a Partner in the Group, So Leave Me Alone
If you’ve read my articles on exclusive contract negotiation or read about the Strategic Group Process, you know that my view is that almost all of the instances of a group’s organization and operation are related . . . that either they are managed in order to achieve success or they are treated silo-like (or even ignored), resulting in stagnation and failure.
All Baseball Players Don’t Have the Same Deal
Imagine managing a baseball team. You’ve got some star players and some very good ones.
“Thrival” Tip No. 2 – Maximize the Value of Touchpoints With Patients
Every touchpoint a physician or medical group has with a patient is an opportunity to build the relationship — it’s also an opportunity to dramatically increase the chances, and speed, of patient collections.
“Thrival” Tip: Develop Your Group’s Internal Resources
Develop your group’s internal resources. For example, make certain that your group is tightly structured to keep its weakest members from splintering under pressure. In turbulent times, individuals are often too concerned about their own survival to be focused on the group’s success.
Hospital Based Groups Must Get Aggressive
The sky is falling — I know, I heard it on the news today. The healthcare market is in a state of flux.
We’re in a Recession, but Don’t Believe Everything You Read in the Press
Okay, we’re in a recession. But that doesn’t mean that you should believe ALL of the doom and gloom reported by the media.
What’s a Medical Group Worth?
What’s a medical group worth? Ah, one of the eternal questions. Okay, maybe not, but it can be an important one.
Office “Spaced”
Here’s a vaccine for office based physicians thinking of entering into an office sharing deal or a practice merger deal, with one or more other physicians: Document the deal before it actually commences. And, if the deal changes, document the change.
Trapped Inside the Box
A few weeks ago, I attended a funeral. I couldn’t help that my mind wandered to the fact that many physicians and physician group leaders run their practice’s business operation as if they were locked up in a box . . . sorry to be so morbid . . . coffin-like, in that they just keep on doing what they’ve always done in terms of treating patients, essentially ignoring many if not all real business issues, and will keep on doing the same until they run out of air.