Business, family, and social activities all rely on relationships. We all have strained relationships. In some cases, they may even seem irretrievably broken. Relationship problems can devastate the home. The toll is no less heavy when there are problems between coworkers or colleagues. Just as in our personal lives, improving our relationships can yield marked and, in some … [Read more...] about Strained Relationships
Leading the Team
Medical Practice Retirement Plan Fiduciary Responsibilities
What is a Fiduciary? A fiduciary is a person who owes a duty of care and trust to another and must act primarily for the benefit of the other in a particular activity. For retirement plans, the law defines the actions that result in fiduciary duties and the extent of those duties. Many actions needed to operate a qualified retirement plan involve fiduciary decisions — … [Read more...] about Medical Practice Retirement Plan Fiduciary Responsibilities
Case Study: Dr. SR Has a Poor Visit to a Practice Recruiting Him
Dr. SR is interviewing with a midsize practice. He does not know the practice well on a personal level, he has family in the area and is optimistic about the practice. Dr. SR has checked out the practice website and been in phone and email communication with the office manager. Leading up to the visit there have been limited interactions with the physicians in the practice, and … [Read more...] about Case Study: Dr. SR Has a Poor Visit to a Practice Recruiting Him
The Physician Recruitment Visit
Determining what you need in a new physician for the practice is just the first challenge. After that comes making initial contacts, which can be a great deal of work. Then there is the time and expense associated with the initial discussion. Finally, when you think you’ve found a good candidate, comes the site visit. We’ve discussed why Physician Recruitment is one … [Read more...] about The Physician Recruitment Visit
Case Study: Dr. R Joins the Practice Without Proper Evaluation
Dr. R was recruited to join a busy practice in a large city. The practice felt good about the addition of Dr. R, who was the nephew of a prominent local physician and came highly recommended. The physician recruitment progressed quickly and Dr. R was extended an offer to join the practice. He began to see patients in the clinic, but the hospital … [Read more...] about Case Study: Dr. R Joins the Practice Without Proper Evaluation