While on a website obviously aimed at the college student age group, I noticed an ad for a book by a well-known author. Below a picture of the book’s cover were the following words: “All of the words, printed on paper. Classic!” This is an interesting signpost of the impact of what Joseph Schumpeter called creative…
Tag: future
The Impact of Change on Your Medical Practice
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? In the mid 1980’s there was a well known West Coast billing service that told its clients that they had only follow three simple rules to…
Yin and Yang. Contract Term and Termination. – Podcast
Your contract’s real term is how quickly it can be terminated.
There’s No Profit in “Look What They Did To Us”
Many physician group leaders look at events and circumstances impacting their practice as something that is happening to their group. By definition, this orientation is external – on the something that is happening to them. Instead, in this context, group leader orientation should be internal: it should be on what they as group leaders, together…
I Just Want a Contract
“I’m just planning my practice’s new business.” “I can’t devote any resources to its structure.” “I just want a contract.” Is it any wonder why physicians are such easy prey for “alignment?” Please do a deal with one of my clients . . . please.
Who is Driving Your Practice’s Bus?
I had a quirky law school professor who, when the Socratic method was leading the discussion either in circles or to nowhere, fast, would throw up his hands and (almost) yell, “Hey, wait, let me drive the bus!” He’d then recenter the discussion to comport with his vision of the lessons to be learned. For…
Yin and Yang. Contract Term and Termination.
Yin and Yang. Positive and negative. Heads or tails.
Two sides, inseparably linked.
Just like the far less obvious provisions of any agreement: term and termination.
An Important Lesson From the Insurance Industry
What’s happening to insurance agents is already hitting physicians. Here’s how compensation is collapsing—and what doctors must do next.
The “Why” in Hospital Employment
Why become a hospital-based physician? But as the industry news also reports, hospital closures are negatively impacting the physician employment market.
The Power of Conversations
Just as conversations help frame contract discussions, conversations help frame the shape of entire industries. Right now the frame in healthcare is greater cooperation between hospitals and physicians: alignment, ACOs, direct employment, collaboration. The result of that frame? Greater control by hospitals over physicians. But there’s no reason why that frame can’t be hijacked to…






