Capital and medical groups. Key issues facing physicians and practice administrators.
More and more physician groups are considering taking a capital partner, whether a physician practice management company, a hospital or other organization. But physicians have questions about how partnership will affect their salary in the short and long run, whether it will affect practice overhead, quality of care and physician control. They also want to know what to do if the relationship doesn't work out. This article answers those questions and recommends that groups do a careful self-evaluation and scrutinize any potential partners before making a move.
Clarke
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Healthcare Financial Management Association, Westchester, IL, USA.
Coddington
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Moore
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D000288:Administrative Personnel; D002202:Capital Financing; D003659:Decision Making, Organizational; D006123:Group Practice / Q000191:economics / Q000458:organization & administration* / Q000592:standards; D006759:Hospital-Physician Joint Ventures / Q000191:economics*; D007182:Income; D009935:Organizational Affiliation; D020399:Practice Management / Q000191:economics*; D017009:Professional Autonomy; D011787:Quality of Health Care; D014481:United States