HCM Marketplace

This soup-to-nuts guide addresses and resolves the major issues in group medical practice, including:

• Promoting to partnership: criteria for earning partnership; guidelines for partner buy-ins; why "in-exact" buy-ins make sense.
• Group governance: how to assess practice goals and missions; standards for interpersonal behavior; how to evaluate partners' performance (including a sample evaluation form you can adapt for your own situation).
• Problem partners: a 4-step program for dealing with inappropriate behavior; how to assess your practice's by-laws and agreements to avoid "locked-in" partners; how to sanction, fine, and even fire a partner.
• Partner compensation: 5 basic principles of all income division formulas; dividing cap rate collections; the three-tiered approach and why it works; adjustments to compensate a partner who wants to cut back; rewarding leadership roles and extra responsibility.
• Stark II: defining Designated Health Services (DHS) and a "group"; how to legally distribute DHS profits; a physician's legal responsibility when s/he assumes a role in multiple organizations; clarifying "physician services" and "in-office ancillary services."
• Members departing: enforcing restrictive covenants, non-solicitation and non-disclosure agreements; pay-out provisions that are fair to both departing physician and ongoing practice; evaluating semi-personal assets and a practice's goodwill value.

Solving Partner-Level Challenges is a guided tour to solving most any challenge you'll encounter among partners.

• Books

• Other Executive Leadership Products
• Other Physician Practice Products