Planning for success

Article Abstract:

Rural Alabama's Baptist Health Center-Craddock emphasizes planning and budgeting to remain above the median in compensation for its 12 physicians and below the median in costs for nonsurgical patient visits. A key tactic at the group medical practice is to charge each doctor for costs that previously were allocated to general overhead expenses. The practice's administrator also has an important role. The group pays its doctors $1,000 to attend an annual two-day retreat and also has monthly meetings.

Outpatient Care Facilities, Outpatient Care Centers, HEALTH SERVICES, Ambulatory care facilities, Baptist Health Center-Craddock

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Good practice management often missing in mergers

Article Abstract:

Physician groups should determine the kind of medical practice management that will be used if they merge with another group or agree to be acquired by a larger organization. Group practices entering a merger tend to focus on the negotiation of the deal and overlook what daily operations will be like. Problems can arise if the new managers are taking over unfamiliar operations. A list of questions to ask before agreeing to a deal is presented.

Management services, Medical Management Services, Office Administrative Services, Office Administration, Column, Office management

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