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Nine common reasons for failed group practice mergers and what you can do to avoid them and ensure your merger's success.
Understanding your medical practice competition is a crucial business activity for any physician owner. Here are some ways to approach it .
If you are thinking about opening a medical practice, you need to know about these three common challenges and how to overcome them.
Physician group mergers must be considered as a means to fulfill far greater strategic outcomes rather than mere ends in themselves.
Figuring out the best growth options for your practice requires that you systematically evaluate all of your potential options for growth.
Medical practices merge to lower costs & increase capacity, but diversification, survival during tough times, and competitive advantage play a role as well.
Payers are already rolling out initiatives to address Social Determinants of Health (SDoH). Some are also incorporating SDoH into value-based payments models.
Medical practices that consistently apply a disciplined approach to strategic planning are better prepared to evolve as local markets change and industry undergoes reform.
When a medical practice decides to outsource billing, a key priority is choosing a reputable vendor they can trust with their patient’s medical information.
Succession planning is one of the most important decisions a physician will face, yet many neglect to plan their exit until they're ready to retire.
It is imperative that all physician owners have a shared vision and that all staff members are aware of the desired future direction of the practice.
Placing the burden on doctors to restore their own work-life balance overlooks burnout’s structural causes over which physicians have little control.