Herman Cain withdrew his name from consideration for a Fed seat because he couldn’t afford (or didn’t want) to work for the relatively low pay
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Herman Cain withdrew his name from consideration for a Fed seat because he couldn’t afford (or didn’t want) to work for the relatively low pay. So, how can you expect one of your partners to devote time to running your medical group, if you won’t compensate him or her for it? After all, you get […]
Mark discusses how a hospital CEO passes blame to an “aggressive, direct competitor” for the downturn in his facility’s patient volume.
In a quote qualitatively similar to “my dog ate my homework,” a hospital CEO blamed an “aggressive, direct competitor” for the downturn in his facility’s patient volume. The drop in business led to a significant financial loss, a staff layoff, and a near scrape with Chapter 11 bankruptcy.
You can’t build a bigger future for your medical group’s business if all you do is play is defense. You have to play offense, too: you must take affirmative steps to grow your business. But just the same, the failure to play defense can be fatal. There’s a lesson in defense to be learned from […]
“I can’t put it in the agreement, but trust me on this. You have my word.”
A few months ago, while waiting at the gate for a flight, I couldn’t help but notice a gate agent making some woman unpack and repack and unpack and repack her expandable carry-on suitcase because it was too wide to fit into the measuring “box” for carry-on luggage. It was obvious from the gate agent’s […]
Two men failed to turn over more than $6 million in taxes collected from employees of an Arkansas hospital.
Job security, or, better said, job insecurity, has held pretty steady over the last eight or so years: There’s almost a 20% chance that CEO Rob or Roberta won’t be on the hospital’s payroll a year from now.
It’s getting harder for hospital CEOs to stay out of jail. Or to get released. OK, in all fairness, James R. Cheek was the former CEO of Hope Medical Park Hospital in Hope, Arkansas. Cheek will be spending 3 years in federal prison, followed by 3 more years of supervised release. He won’t be lonely, […]