I’ve been thinking today about Pareto-type distribution, you know the “80/20 rule,” and physician employment. By physician employment, I’m addressing that situation in which there is no opportunity for meaningful ownership by the affected physician. So, for example, becoming an employee in a physician owned group in which there is a track to equal ownership…
Tag: succeed
Want a Stock Tip?
Want a great stock tip? No, I’m not offering one. Instead, this is a question that I hear from time to time from physician group leaders.
Flying First Class Medical Care
We’ll begin boarding in a few minutes. Although airlines have a lot to learn about customer service, they do serve as a model for pricing strategy in healthcare. You’re on your way to Cleveland. The plane seats 300-plus people and everyone will get there at the same time. Yet passengers paid remarkably different prices to…
Where’s the Future?
Some of us feel that we were promised careers that didn’t turn out as advertised. But just like the flying cars, those promises weren’t real promises, they were simply projections.
The Odds of Medical Group Survival
My dog stood body frozen stiff yet ready to lunge. His eyes fixed on the only object in his world, the squirrel eating seeds off the ground 14 feet away. The squirrel matched the stare, glanced at the tree about four feet distant and then, continuing to eat the entire time, just turned his back…
Hedge or Hedgehog or ???
Those who are hedging view the world differently. Rather than simply building an insular hedge around their business, they expand outside of that hedge, taking on other business, in some ways both related and unrelated.
Hurry Up and Fail!
I fail all the time. You should, too. If you want to get ahead. Failure forces you to change your thinking.
Medical Groups Must Get Aggressive – Medical Group Minute
The sky is falling–I know, I heard it on the news today.
L’air du Temps
It was a breezy day. Dozens of sailboats dotted the sea outside of the safety of the Santa Barbara harbor. Many were running with the wind, being propelled quickly in the direction chosen by it. Others were heading, in general but not absolute terms, against it by tacking at angles across it. L’air du temps,…
Tying Your Medical Group’s Future to a Rock – Podcast
What if that one hospital your group has tied its future to pulls you to the bottom?