A physician makes a mistake, commits negligence, and what’s the result? It can be horrific. Malpractice suit. Medical staff discipline. Medical board discipline leading even to loss of licensure. Reputation destroyed. Now ask yourself what happens if a hospital executive, say the CEO of a publicly held hospital chain, commits the equivalent type of error, […]
Tag: salary
Okay, okay. The chances are great that your first reaction after reading the title was to think, “It’s so I’ll get paid.” Now that we’re past that, let’s look a bit deeper. From the medical group perspective, a compensation plan is a part, in fact the largest part, of the practice’s system for driving behavior […]
There’s a growing trend of dissatisfaction on the part of office practice physicians employed by, or otherwise closely aligned with, hospitals.
Would you write a check to a charity that pays its top executive $3 million a year?
Whether you’re paid a salary, by the hour or by the unit, you’re actually paid on commission.
I’m seeing a growing trend of dissatisfaction on the part of office practice physicians employed by, or otherwise closely aligned with, hospitals. They’re reporting a significant disparity between physicians who care/physicians with good skills/physicians who want to work, on the one hand, and the much larger majority, who have become satisfied to metaphorically punch the […]
In many medical specialties, both hospital and office based, national groups have become significant competitors.
His comment still sticks in my craw. The so-called expert said something like, “In the new economy, physicians need to lower their income expectations.”
Bob, not his real name, was talking about one of his early post college jobs.
A so-called expert said something like, “In the new economy, physicians need to lower their income expectations.”
