Physicial Employment Agreement Negotiation
We want to employ physicians,
but we don’t want to repeat past mistakes
Problem
Physician employment can strengthen a hospital’s strategic position. However, negotiating an employment agreement or practice acquisition is complicated. In addition, poorly structured arrangements can lead to financial losses for the hospital and professional dissatisfaction for physicians.
Our Approach
We help clients develop physician employment agreements that support hospital financial goals and create positive professional opportunities for physicians. We use our understanding of hospital business needs and medical practice operations to develop well balanced compensation plans and effective governance structures. Our team members have a strong background in negotiations, and we are able to overcome the full range of obstacles to creating workable employment relationships.
Further Resources
- Acquiring a Physician Group: The Devil Is in the Details
- Physician Employment: This Time Around, Give Finance a Leading Role
- Designing Effective Compensation Plans for Employed Physicians
To find out how Health Directions can help your organization pursue a physician employment strategy, contact us today!
Case Study
A regional medical center needed to employ a group of cardiologists to secure the hospital’s strategic and financial base. Health Directions helped the hospital and physicians resolve longstanding differences and work out the details of an effective employment arrangement.
We designed a physician compensation plan that supports the hospital’s financial and strategic goals. We also developed a governance structure that secures hospital leadership while preserving significant operational control for physicians.
