Properly done, medical group management is neither a collaborative nor a unanimous process. It is a leadership decision. The problem is that many groups have created an almost impermeable barrier to true leadership within their entity. They strive for a consensus, which by its very nature is just another way of saying “watered-down decision.” The…
Tag: power
It’s Human Nature: Incentivizing Performance – Medical Group Minute
In 1919, New York hotelier Raymond Orteig announced the Orteig Prize: $25,000 to the first aviation team to fly nonstop between New York and Paris.
Why Taking Control Is a Smart Contracting Tactic – Medical Group Minute
You’ve heard that old expression to the effect that it’s better to do and then ask for forgiveness than it is to ask for permission in the first place.
Do They Have the Power to Say Yes?
Want to make a deal? Sure you do. Perhaps it’s the renewal of an exclusive contract. Perhaps it’s an extension of your office lease. Perhaps it’s a rate increase in a payor agreement.
A Good Reason and the Real Reason for Restricting Physician Owned Hospitals
To paraphrase J.P. Morgan, we always have two reasons for doing anything: a good reason and the real reason. The claimed good reason to restrict further physician owned Medicare certified hospitals, and the expansion of existing certified physician owned hospitals, is to prevent over utilization due to profit making motives. But traditional hospitals are induced…
Why Taking Control Is a Smart Contracting Tactic
You’ve heard that old expression to the effect that it’s better to do and then ask for forgiveness than it is to ask for permission in the first place. I’m not sure if that’s always right in a social setting, but in business it often works out in your favor. After all, there’s a lot…
Why Hope and Fear Drive (Stupid) Deals
I see too many deals that are hatched from the evil twins of self-inflicted human nature: fear and hope.
My Father Loved to Buy Cars. And Your Exclusive Contract or Employment Agreement. – Podcast
If you’re like most people, you hate shopping for a car. But even if you hate it, you probably follow the rule of negotiating with multiple dealers.
The Ghost of Physicians’ Christmas Future – Podcast
Money. Future. Status. Popularity. The four human interest motivators.
My Father Loved to Buy Cars. And Your Exclusive Contract or Employment Agreement. – Medical Group Minute
If you’re like most people, you hate shopping for a car. But even if you hate it, you probably follow the rule of negotiating with multiple dealers.