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Solo Practice – An Endangered Species
One- and two-doctor practices may become a thing of the past as an increasing number of physicians are being wooed by hospitals.A recent article in the American Medical Association News magazine reports that solo practices may be becoming a thing of the past. According to a study by the Center for Studying Health System Change, […]
Tagged with: overhead, solo practice
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At a recent meeting of larger medical practices, an issue which comes up frequently is the challenge of recruiting a new partner. And time and time again, a recurring theme is one of differences between generations of physicians. Those physicians with retirement on the horizon looked at their medical careers as the most important part […]
Tagged with: partner, practice, recruiting
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Where Does All the Healthcare Money Go?
Why is the cost of healthcare going up when doctors’ reimbursement keeps going down?If doctors are getting paid less and less by managed care insurance companies, why is the cost of healthcare rising exponentially in the country? Just look at the stock returns of these same insurance companies. And while physicians on average have seen […]
Tagged with: healthcare, Reimbursement
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Will We Have Enough Doctors?
Is it too late to reverse the physician shortage? According to an article in HealthLeaders Magazine concerns about a future shortage of doctors may be too late. Peter Fine, CEO of Banner Health in Phoenix, says the shortage is already here. Several factors are to blame: – One third of practicing physicians is over the […]
Tagged with: physicians, recruiting, shortage
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Protect your income with this invaluable tool Get familiar with the different types of insurance. Malpractice, umbrella, homeowners, auto, overhead, key man – it is sometimes dizzying what the number of different insurance policies a typical physician must contend with. One that is often overlooked by many physicians, particularly solo practitioners, is disability insurance. if […]
Tagged with: Insurance, malpractice