Physician Management
Reading Time - 4 min
Why you should spend 4 minutes reading this:
Unsatisfied physicians and over-paid physicians can put your group at legal risk and erode at your bottom line
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Your ability to properly manage your physicians will be a major contributor to your success. Among other things, you'll want to:
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Track physician performance
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Make your physicians increasingly valuable
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Develop processes to keep them satisfied (or they may be poached)
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Begin developing pipelines for future physicians as the shortage grows
Physician Performance:
As you review your physicians performance, here are some metrics to track to make sure your physicians are contributing to the practice.
Here's more information on tracking performance within your group.
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Increase Physician Value:
In the long-run, your goal is to maximize the amount of revenue a physician can generate via the care they provide in conjunction with their care team.
Develop processes to keep physicians satisfied:
The War for Physicians has only begun and you’ll face increasing pressure to satisfy them. This may manifest itself in:
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Increased Salaries
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Increased Benefits
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Improved Work Environment
Develop physician pipelines:
The shortage of physicians will contribute to your practice risk profile. In order to combat this risk, consider investing in developing a physician pipeline.
High-level actions you can take based on this article:
1. Develop physician management processes
2. Determine/improve the profitability of your physicians via analytics
3. Improve physician satisfaction and retention
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Articles if:
I am a physician in a practice or clinic
I am looking grow my practice or clinic
I am looking to sell my practice or clinic
