We blog about things we learn in our work with practice owners and managers. We hope these articles help you.
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Why PE buyers seem to pay so much more for medical practices
In recent years, private equity (PE) purchases and roll-ups of physician practices have gotten a lot of attention in the media and in physician circles, mainly because of the opportunity they represent for physician owners to sell their businesses for attractive prices. In fact, if you're in a market where
Careful ways to address a profit decline
Few things are more unnerving than realizing your business is less profitable than it once was—or than you counted on. The instinct to take immediate action is understandable. If you’re a physician, responding quickly to urgent situations is second nature. And after all, if your profit is suddenly on a
Embrace professionalism for a stronger practice business
I had an inspiring conversation with a young physician recently. He is looking forward to one day owning a practice. He envisions himself establishing a practice ethos that encourages colleagueship and respects physician excellence. “Expert culture,” he says, is the key to physician engagement and avoiding burnout. His passion was
Hidden sources of burnout that you can fix
Physician burnout is widely considered a pernicious epidemic that puts physician and patient health at risk. Frustratingly, it’s also often assumed that inescapable facts of physician life are to blame: increasing documentation demands; mandatory EMR technology that’s far less than ideal; and a physician culture that prizes self-reliance and endurance
Leveraging your location to attract staff
If your practice is looking to add new staff, either as replacements due to contagious "Great Resignation" exits or as you contemplate expansion, you're likely facing a tough labor market. Give yourself the best chance of attracting the right people by using all of the assets at your disposal—including presenting
Job Hunting for Residents and Fellows
Laurie's new book is out! Job Hunting for Physicians is the perfect guide for residents and fellows embarking on their all-important first-job search. It's available at Amazon, Barnes & Noble, and by request at your local bookstore in both print and ebook. Laurie's also looking for a few residents