Don’t set yourself up to go to prison by thinking you are setting the government up to overpay you.
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How does a group of, say, 100 physicians account for whose work is going to be cut back, or who will have to be let go, when and if a facility the group serves closes or drastically scales back?
Don’t set yourself up to go to prison by thinking you are setting the government up to overpay you.
Take a seat and Ride along with Mark as he discusses the not so obvious solution to most problems.
Ride along with Mark as he discusses how medical group leaders can mimic strategies used by pharmaceutical giant Merck and chip maker Qualcomm to unlock hidden profits.
This is a pressing issue for hospital-based groups as hospitals shrink and close. The time to plan is well ahead of the time, if ever, to implement.
Corporations exist to make a profit. There’s nothing wrong with that. It’s a fact of life.
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LIFO and FIFO are inventory concepts. But they apply to the quandary of which physicians would be let go if case volume drops precipitously.
Do you have the governance structure, policies, employment agreements, and other elements required to shift resources and reduce staff as well as expand it in face of shifting needs?
How long would it take to find a job?
