Physicians, both in regard to their practices and in regard to their facilities, often have outsized notions of business valuation.
Tag: practice
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.
The context was the sale of various healthcare facilities, deals which, by definition, involve the sale of the business…
A so-called expert said something like, “In the new economy, physicians need to lower their income expectations.”
We analogize business to war. Litigation to battle. Negotiation to struggle.
You can settle civil allegations in the morning and be arrested before the end of lunch…
In keeping with our New Year’s Tradition, here’s the hack. Flip things around: What will you not do, or stop doing, next year?
If you wouldn’t have gone into medicine, what would you have done?
Price is what you pay. Value is what you get.
Neither you nor I can know whether the government’s schizophrenia is part of a great plan to create a healthcare crisis that only “universal healthcare” will resolve, or whether it’s simply incompetence…