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.
Tag: contract
You’re Not Being Managed, You’re Being Employed – Podcast
Is there a disconnect between the physician and the hospital?
Trust But Verify – Medical Group Minute
One of your group’s employees, Dr. Bob, wants to borrow $10,000…
Ready for the Olympics?
Every story has at least two sides. The question is, where does the truth lie? If you can do something, broadcast it to the world. If you can’t, don’t lie. The truth catches up with you whether your group is small, large or somewhere in between.
Why Make It So Easy for Your Competitors?
Yesterday morning, I took my car to the dealer for service. I left several messages in the afternoon to see if the car was ready. No one returned my call. Every day, your group’s physicians treat patients. I’ll assume, as do your patients, the referral sources who send you work, and the hospitals at which…
Covenants Not to Compete and Alternatives
Covenants not to compete are not inherently bad. It’s just the laws of some states that make them so. In other words, it’s an issue of policy. The purpose of covenants not to compete is, of course, to broadly protect your group’s business. But even if your group practices in a state that will not…
Your Exclusive Contract Is About to Be Non-Exclusive
What good is an exclusive contract if the facility demands that it become non-exclusive?
Termination Notice
“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.” Of course, if your medical group has a contract with a facility, say an exclusive contract, it can’t technically be “fired.” But…
Trust But Verify
“Trust but verify,” Ronald Reagan’s maxim when dealing with the Soviet Union, would certainly apply to many situations in business.
Contracts Don’t Contain Extra Baggage – Medical Group Minute
All provisions in a contract are intended to be enforced.