I’ve written about hospital closures, but before today, I’ve never written about a hospital that turned to crowdfunding to stay afloat.
I recently read an article about a physician who had sold his practice to a hospital. The physician was quoted as having stated that he had grown disenchanted with running the business end of his own practice, thus his agreement to “have my practice managed by” the hospital.
Anita Roddick, the late founder of the highly successful natural cosmetics chain, The Body Shop, which she sold to the cosmetic giant L’Oréal for $1.1 billion, was a tremendously driven entrepreneur and an extreme social and political activist.
I remember, as a kid, walking around Disneyland, noticing yellow “no parking” size signs labeled Kodak Moment. They indicated a great vantage point for taking a photo. Yet today Kodak is in bankruptcy, its core film business gutted by the digital camera.
The common belief, and it may be quite true, is that change is the greatest cause of stress. But what if it can be used to your group’s advantage?
Unfortunately, few groups engage in seriously addressing even the simpler issues of succession in medical group leadership.
Take a seat while Mark discusses mapping out your future.