Monday, January 27, 2014

Physician Recruitment Tip: Offer Relocation Assistance in Down Housing Market

physician relocationMost physician groups pay a large share of relocation expenses incurred by new physicians invited to join the practice. Traditionally, the group almost always pays moving company and transportation expenses, but few groups help with costs related to purchasing a home in the community.

A few groups help pay realtor fees; others retain a professional relocation company to help with the housing search. Some even offer low-cost home loans or other financial subsidies. Experts in physician recruitment observe that though such offers are exceptional, they expect to see more aggressive physician practices sweeten their offers with these additional benefits.

Wednesday, January 22, 2014

Let’s Get a Management Consultant! 6 Common Situations to Get You Thinking

Medical Practice ConsultantA lack of progress—financially, economically, or strategically—often prompts a medical practice to seek the services of an outside consultant. But physicians often struggle with deciding when to call in an expert. In general, when facing significant issues outside the physicians’ and in-house managers’ experience, it’s probably time to seek help.

Six common situations in a physician practice should get you thinking about calling in a management consultant:

Tuesday, January 7, 2014

Five Tips for Making Deposits into the Leadership Bank

Leadership in Medical PracticeYou hear a lot about “political capital” among leaders in government. That’s the favorable image a politician has in the public eye and among influential persons both in and out of government. A president enters office with a certain amount of political capital, but he or she spends it quickly by pursuing unpopular programs and goals.

Similarly, when a business leader assumes a new position, he or she has a “leadership account” of qualities such as credibility and respect - character traits that inspire others to trust and follow. Savvy leaders with long tenures know how to build their accounts and how to leverage leadership qualities for the good of the organizations they lead.