Synopsis
Physician Employment in a Large Organization is Not for Everyone. This leading edge book is a guide for unwinding an unhappy hospital employment relationship and reestablishing a private medical practice. Designed for employed physicians (and their administrative staff and advisors) who are searching to regain independence or control over their practice of medicine, Choosing Autonomy: The Physician's Guide to Returning to Private Practice, gives you: An understanding of how to evaluate the substantial risks returning to private practice entails in today's environment. Insight on how hospital employment of physicians is repeating the same cycle as in the 1990's, how this cycle works and its implications in your decision-making and negotiations. Strategies to evaluate your options, negotiate around legal barriers and develop financial projections critical in assessing the feasibility of leaving employment and striking out on your own. Examines legal considerations that may prevent you from leaving your current job. Insight to creative financing options, availability of financing sources, techniques and alternatives. Provides a comprehensive start-up checklist and worksheets to aid in developing financial projections. Provides simple and concise success factors to monitor during the critical early stages of start-up. Physicians, minimize risky decisions by reading this book before you make a move! Hospital CEOs and executives will find this book useful as they seek to understand the perspective of physicians they employ. For medical practice consultants, the book provides a transfer of knowledge necessary to successfully practice in this growing area. Table of Contents Introduction Chapter 1: Initial Considerations Chapter 2: Legal Considerations Chapter 3: Feasibility Chapter 4: Financing Chapter 5: Practice Startup, Operations, and Management Chapter 6: Success Factors Balancing the Three-Legged Stool Epilogue Appendix A: The Cycle of Physician Employment Appendix B: Work RVU Primer
About the Author
Randy Bauman is President of Delta Health Care, a Nashville-based consulting firm specializing in the business of physician practice. Randy draws on more than 30 years of experience working with both physician and hospital clients on strategic planning, mergers and acquisitions, group formations, compensation planning, operations, and practice valuations. He is the author of, Time to Sell? Guide to Selling a Physician Practice: Value, Options, Alternatives, now in its 3rd Edition and he's a noted writer and speaker in the healthcare community.
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