Physicians pay cuts to take effect! Several provider groups say the Biden administration needs to reverse a proposed 4.5% pay cut to doctors for next year, noting the agency needs to consider additional financial pressures that practices are facing. CMS proposed a 2023 conversion factor of $33.08 for each relative unit, which details how a […]
Questions to Ask Before You Sign! Surprises in a new opportunity are never a good thing. Of course, you want to know why they are hiring, how many physicians have left in the past 10 years and if you’re to take over from a retiring physician has that been formalized in writing. Physicians who have […]
There are two primary considerations when you are looking at opportunities. Where is the job and what is the job? Notice where the job is comes first and what is the job comes second. But will you be happy living where you want to live if the job is not fulfilling. You have spent most […]
From the applicant’s perspective it’s to determine if they like the opportunity, community, and culture of the practice. The main purpose of a job interview is from an employer’s perspective to get an insight into a candidate’s personality, competencies, capabilities, and achievements. In today’s world of physician shortages, it is easy for applicants to forget […]
In today’s Covid environment employers are risk averse and the steady rise of guarantees has stopped and is being reversed in many areas. Many factors are involved in getting a desirable salary with a new job, but it’s important to negotiate the best salary right from the start. Only 57% of physicians feel they are […]
The idea of becoming a partner in a medical practice was once the dream of many young doctors. The advantages are many: a vote on practice issues, due process protections, the pride of ownership. But there are risks involved when medical practices offer partnership tracks, including the burden of extra administrative duties and a buy-in […]
Is your practice providing you with the clinical volume you want? Are you provided the opportunity to fulfill your long term professional goals? Does your practice allow you to have enough time to provide adequate quality of life? Are you receiving adequate compensation for the work you do? Do you receive adequate support to maximize […]
If you make the decision during the course of your interview that you’re interested in the opportunity your best course of action is to make a declarative statement. “I’m very interested in this opportunity and I’d like to move forward. Do you have any questions or concerns that I can address for you? What’s the […]
The follies which a man regrets most in his life, are those which he didn’t commit when he had the opportunity. —Helen Rowland (1922/2007 p. 119) People regret outcomes that could have been changed in the past but can no longer be changed and for which people experience low psychological closure Regret is a common […]
There are two primary considerations when you are looking at opportunities. Where is the job and what is the job. Notice where is the job comes first and what is the job comes second. But will you be happy living where you want to live if the job is not fulfilling. You have spent most […]
We recently had a physician who replied to an opportunity in their ideal location. It looked like a perfect fit. When we followed up with the group about why they weren’t interested they said the head of the group was introduced to her by the program director the previous year. A meeting was set, and […]
Obviously, you need a healthcare attorney to either prepare an offer or review the employment contract you’re considering. But beware the attorneys who want to bill you by the word or hour and then want to “negotiate” the agreement. A standard contract preparation or review typically cost less than $1,000.00 for a flat fee billing. […]