Hidden expenses. The true cost of adding a physician to your medical group practice.
A new physician's salary is the most visible expense associated with recruitment, but it is not the only one. A practice should anticipate two other significant direct costs and two indirect costs when it prepares to add professional staff. A physician recruitment financial model describes the true expenses that come with recruiting and prioritizes them for planning.
Hekman
Kenneth M
KM
Hekman & Associates, Holland, Mich., USA. ken@hekmangroup.com
D003365:Costs and Cost Analysis; D006123:Group Practice / Q000191:economics*; D010560:Personnel Selection / Q000191:economics*; D010820:Physicians / Q000191:economics*; D014481:United States