Rx for Business Success: Joining a Medical Practice
Both new and established physicians face one of their toughest career decisions when they decide whether to join a medical group, a hospital or to go out on their own. But what are the pros and cons of making this choice?
It isn’t part of the school curriculum, yet many find the “business side of medicine” to be one of the toughest parts of their professional careers. So, where do you turn for answers on how to evaluate an employer, how to choose a reputable malpractice carrier, or which questions can and cannot be asked in an interview (whether the physician is the candidate or the employer)? Put this book at the top of your “must read” list.
It also covers:
- The advantages and disadvantages of certain practice types
- Evaluating an employment opportunity, including compensation and benefits
- Recognizing antitrust issues to mitigate risk
- Distinguishing which type of legal entity best fits your comfort level
- Determining a potential practice’s current financial status - before the papers are signed
It doesn’t matter whether you are the administrator or the physician - you should consider this quick read as the prerequisite to the next phase of your career in health care.
What they're saying about this book: Well-done and concise. Excellent information for the senior resident. Of particular value is the section on joining a group practice. Matching personality and culture is very important. Should be read by every physician before they are recruited.
-- Tom Clark, administrator, Orthopaedic Institute of Ohio, Lima, Ohio |
