Strength in numbers. Or is there? Medical groups seeking alternatives to the sale of their practice to a hospital often consider merging with another group.
Tag: Strategic
Certainly, patient care within your medical specialty involves many complicated and complex issues. But that doesn’t mean that the way that your practice’s business relates to hospitals, referral sources and patients has to be complicated. And, it doesn’t mean that the way that the arrangements among your practice’s owner physicians, or between your practice entity […]
Medical practice is complex but your practice’s business should strive for simplicity.
Be honest: Do you own your practice or does it own you?
Be honest: Do you own your practice or does it own you? If your practice owns you, what you have is a job. You might as well go work for someone else. Less headache. Isn’t that the whole point of physician management companies and hospital employment? But if you want to become successful, and there […]
Let’s assume for a moment that physician compensation surveys are statistically significant. What’s the problem with them? Well, I suppose they’re fine, that is, if you’re content with being average. OK, I can hear it now, some reader yelling that physician compensation surveys indicate more than just what’s average; they show the 70th, 80th and even […]
Healthcare deal compliance, in terms of antikickback, Stark, and tax exempt entities, often turns on the propriety of the consideration paid. And that turns on the concept of fair market value, which is often neither fair nor indicative of value. That’s because fair market value is defined for those purposes in a fashion that ignores […]
