Wednesday, February 17, 2010

Physician Practices: Competing in the Marketplace

Our firm works with many private practices, and even several solo practices looking to add one other physician. The American Medical Association provides strong tools and resources to add the most value and profit to any practice, particularly smaller practice models.

"Competing in the Marketplace" provides a practical and pragmatic overview of the integration options- ranging from mergers to a wide variety of other contractual arrangements. Running a small or solo practice can prove extremely financially rewarding if operated correctly, however many changes in the marketplace have placed sever financial strains on physicians that can only be addressed by some form of integration.

To help physicians choose for themselves a level of integration that makes sense given their specific goals, the AMA identifies many of the benefits and drawbacks of several integration arrangements in the attached resource.

Please read the full article in AMA, or click here:
http://www.ama-assn.org/ama1/pub/upload/mm/368/competing-in-market.pdf

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