I recently spoke with a former group leader, who will go unnamed.
It had taken him years to build up a successful hospital-based practice with dozens of physician providers.
Tag: shareholder
We often strive to become a partner, a shareholder, a member – whatever the arrangement is to attain the golden ring, the equity position.
As you know, it’s hard to make a decision when you might have to pay a large price for it.
Breaches of fiduciary duty and of contractual commitment within medical groups occur every day. The question is, are those duties enforced?
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?
Breaches of fiduciary duty and of contractual commitment within medical groups occur every day. The question is, are those duties enforced?
Letting each partner write his or her terms of partnership is not a long-term strategy for success, it’s a short-term strategy for failure.
Letting each partner write his or her terms of partnership is not a long-term strategy for success, it’s a short-term strategy for failure.
Lean on back while you ride along with Mark and learn about obtaining certainty in your contractual arrangements.
Your ability to handle uncertainty is linked to the likelihood of your success.