With the tip of the hat to T.S. Eliot, the world for Community Regional Anesthesia Medical Group (CRAMG) ended on June 16, 2021, not with a bang but a whimper.
Tag: bankruptcy
Why You Must Know About a University’s Captive Medical Group Filing Bankruptcy – Podcast
Hospital systems across the country suffer from bloated fixed costs, huge payrolls, layers and layers of bureaucracy, and management by managers, not by entrepreneurial thinkers.
Debt Ailments Affecting Large Physician Services Companies
An article in the Wall Street Journal (Saturday/Sunday edition, September 28 – 29, 2019) revealed that the corporate debt of large physician services companies, TeamHealth and Envision Healthcare, was now trading below the distress ratio. These, and other, healthcare companies’ junk-rated bonds are now trading below 80 cents on the dollar, the upper limit of…
Why You Must Know About a University’s Captive Medical Group Filing Bankruptcy – Medical Group Minute
Hospital systems across the country suffer from bloated fixed costs, huge payrolls, layers and layers of bureaucracy, and management by managers, not by entrepreneurial thinkers.
Why a Strong Customer Relationship Might Be Your Undoing – Medical Group Minute
No matter how good it looks, no matter how profitable it is, you can’t be dependent upon any customer for a significant part of your business.
Community Hospitals Must Change or Die. Change Presents Opportunity for Entrepreneurial Physicians – Medical Group Minute
Creative destruction is taking aim directly at community hospitals. You can fight to save them.
What Happens When Your Medical Group Gets De-Platformed? – Success in Motion
We hear about people being de-platformed from social media sites. But are you ready for when your medical practice or medical group is de-platformed in a far more destructive way?
Community Hospitals Must Change or Die. Change Presents Opportunity for Entrepreneurial Physicians. – Podcast
Creative destruction is taking aim directly at community hospitals
Creative Destruction Blows Up Hospital System – Success in Motion
Ride along with Mark as he discusses the death of another small hospital system and how it can result in the birth of many new physician-led ventures.
Why You Must Know About A University’s Captive Medical Group Filing Bankruptcy
Last week, on November 7, 2018, the medical group affiliated with Michigan’s Wayne State University Medical School, University Physician Group, which does business as Wayne State University Physician Group (“WSUPG”), filed Chapter 11 bankruptcy. How is that even possible, you ask? After all, you were told that there’s safety in what is essentially hospital employment….