Hospital systems across the country suffer from bloated fixed costs, huge payrolls, layers and layers of bureaucracy, and management by managers, not by entrepreneurial thinkers.
Tag: trouble
Ride along with Mark as he discusses why medical groups shoot themselves in the compliance foot by shooting the messenger.
Last week, on November 7, 2018, the medical group affiliated with Michigan’s Wayne State University Medical School, University Physician Group, which does business as Wayne State University Physician Group (“WSUPG”), filed Chapter 11 bankruptcy. How is that even possible, you ask? After all, you were told that there’s safety in what is essentially hospital employment. […]
Your medical group may have a superpower.
When my kids were small, they used to talk about their super powers. They were convinced that they were real.
Today, many small to medium size medical groups are in an existential battle. They may not realize it, but that doesn’t change the facts.