Practice Options: Self Employment vs. Hospital/Foundation Affiliation? What is Your Practice Strategy for the Future?
OVERVIEW
"The Times They Are A-Changin” There are many
practice opportunities for physicians to consider for the future. Will
you remain in solo practice? Merge with others to form a bigger single
specialty, multi-specialty group or ACO? Join a Foundation or University
Affiliation? This workshop will present a balanced discussion of options
and issues for physicians to consider before making these important practice
decisions. This workshop has been presented for the California Medical
Association /Western Leadership Academy for the last three years.
WHY SHOULD YOU ATTEND
This healthcare compliance workshop will be presented by
experienced consultant, Debra Phairas, President Practice & Liability
Consultants, LLC who has advised physicians in making these critical
transitions including shoring up solo/small groups, merging practices,
consulting on being acquired and negotiating compensation for physicians.
She has worked with over 1,800 practices since 1985. Debra has also
performed due diligence for acquisitions and devised physician compensation formulas
for Foundations and Universities.
Medical Practices Strategy |
AREAS COVERED
- Is solo or small group practice viable for the future?
- How to survive and thrive by savvy management and
marketing
- Merger Mania – Should you merge with others?
- Single Specialty or Multi-Specialty – pros and
cons
- Joining a Foundation, University Affiliation or
Hospital Outpatient Clinic Model
- When to consider an offer and How to assess an offer
- Will goodwill or intangible asset value be included or
excluded and how will this be valued?
- How will tangible assets including equipment be
valued?
- How many years should the contract be guaranteed?
- New models such as affiliation with Universities –
Private Practice but with University Contract Rates
- Governance and decision making ability?
- Compensation models including base salary and $ per
WorkRVU – How this works
- What will it be like being an employee?
- What if I want to leave?
- Will I be restricted from advocating for my patient?
Malpractice Risks for Physicians
WHO WILL BENEFIT
- Physicians
- Physician Assistants
- Nurse Practitioners
- Healthcare Managers
- Medical practice
- Healthcare professional
- Hospital management
LEARNING OBJECTIVES
Attendees will learn -
- How to compare “apples to apples” with present
compensation versus WRVU formula offers
- How to negotiate the sale of the practice to a hospital
- Important elements to negotiate in contracts to avoid
malpractice conflicts of interest.
For more detail please click on this below link:
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
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