Many medical group leaders bemoan their group’s circumstances: caught in the hard place between increasing commoditization, what they believe to be the limitations of independent structure, and the pressure of national group competition.
Tag: future
Be honest: Do you own your practice or does it own you?
We analogize business to war. Litigation to battle. Negotiation to struggle.
People often cite Newton’s First Law as something akin to “an object in motion tends to stay in motion with the same speed and in the same direction.”
Learn from this insurance industry trend of ratcheting down payment.
Most medical groups have a two-level physician engagement/compensation structure: owners and non-owners.
Why hospitals are destroying themselves, and setting their CEOs up for termination, when they bring in national groups and “contract management companies.”
ACO’s. Competition by hospital employed physicians. Commoditization.
Actors scramble to audition for a part, but stars choose from offered scripts. So why are you responding to that RFP?
The right question regarding the uncertain future, is to ask is what underlies your profession, your specialty, or its role.