By the early years of the 20th Century, hospitals became large healthcare factories due to the size and expense of what was then cutting edge technology…
Tag: shareholder
Fueled by the failure of large medical groups, the disappointments of hospital employment, and the ratcheting down of care by private equity, physicians are increasingly seeking alternatives to their current practice arrangements. Many, alone or with others, are exploring the creation of new practices under their own ownership and control. In this first article in […]
It’s a no-brainer that you can be more effective at finding and correcting potential fraud by conducting periodic audits on both internal and outsourced operations.
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.
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.
