Management

Use Root Cause Analysis Approach to Fine-Tune the Job Interview

2016-11-05T13:17:42-05:00

Recruiting new staff is a big challenge. I have found the job interview to be especially unrewarding. It is time-consuming. And the results are often disappointing, in terms of finding the best team members. I am no HR guru, and no expert on the use of screening programs for hiring. But I have been involved in interviewing and recruiting many new employees for my practice and the hospital where I worked as CMO. Based on discussion with administrators at other hospitals, [...]

Use Root Cause Analysis Approach to Fine-Tune the Job Interview2016-11-05T13:17:42-05:00

Physician Leaders: Four Reasons to Seek a Business Degree

2016-11-17T11:38:48-06:00

A common question arises when considering a career change to a non-clinical position. If you're seeking work as an administrator, you may be thinking: “Will I need a business degree?”. It seems that more physician leaders have an MBA, MHA, MMM or MPH (an MPH is not actually a business degree, but a significant number of physician executives seem to have one). A business or management degree is definitely not a requirement for a career as a physician executive. There are many very [...]

Physician Leaders: Four Reasons to Seek a Business Degree2016-11-17T11:38:48-06:00

Physician Salaries and OIG Risk

2016-09-15T04:27:22-05:00

I have been following news reports about recent OIG (Office of Inspector General) investigations related to physician compensation. These investigations have resulted in fines related to alleged Stark Law and FCA (False Claims Act) violations. There seems to be more activity recently, including investigations in response to whistle-blower lawsuits. Here is my take: Hospitals and health systems that use survey data (such as MGMA and AMGA) to set compensation levels for newly employed physicians are under intense scrutiny. This scrutiny results [...]

Physician Salaries and OIG Risk2016-09-15T04:27:22-05:00

Tactics to Cultivate Direct Reports

2016-09-15T04:30:19-05:00

In the last post, I talked about the Five Intentions I believe every physician executive should have for their direct reports. The intentions are to: Inform Assist Mentor Maintain accountability Evaluate In Part 2, I want to provide some specific actions that can be taken to fulfill those intentions and cultivate your direct reports. […]

Tactics to Cultivate Direct Reports2016-09-15T04:30:19-05:00

Five Intentions For Direct Reports

2016-09-02T06:20:33-05:00

As presented in a previous post (The Three Domains of the Physician Executive), one of your primary roles as a physician executive is to interact with your direct reports (DRs). These are directors, managers and others over whom you have direct responsibility. This oversight generally includes the following duties: They report to you. So they have a solid line relationship to you on the organizational chart. You may have recruited and hired them when the previous DR moved on. You [...]

Five Intentions For Direct Reports2016-09-02T06:20:33-05:00

More on Understanding Relative Value Units (RVUs) in Employment Agreements

2016-10-06T17:34:51-05:00

Some of you emerging executives may become involved in recruiting new physicians and negotiating contracts. For those, I am providing the following discussion about the use of worked relative value units (wRVUs) in that process. I previously posted an introduction to the topic here: Physician Employment Agreements. Suppose that your organization is offering the following salary proposal: two years at a fixed salary, followed by a third year in which it converts to a fixed component PLUS an RVU based bonus. Let's review the rationale [...]

More on Understanding Relative Value Units (RVUs) in Employment Agreements2016-10-06T17:34:51-05:00

When to Use a SWOT Analysis

2016-08-09T05:47:43-05:00

As a physician executive, you will participate in strategic planning, goal setting, and project management. As a business leader, you will need to assess the risks and benefits of pursuing various new initiatives. One of the tools used by business leaders to do such an assessment is a SWOT analysis. SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. The  development of the SWOT Analysis (or Matrix) has been attributed to Albert S. Humphrey, although he disavowed having invented [...]

When to Use a SWOT Analysis2016-08-09T05:47:43-05:00

Being Indispensable

2016-08-02T10:26:46-05:00

Is being indispensable important to you? Moving from a clinical career into management can result in culture shock. The shock can be lessened by moving gradually. You start as a medical director. You increase your management hours while gradually reducing your clinical hours. But whether you make the move gradually, or simply move into a full-time executive position overnight, there can be a loss of job security. When you're practicing your specialty, and have a following of grateful patients (especially [...]

Being Indispensable2016-08-02T10:26:46-05:00

Nine Maxims for Masterful Meetings

2016-11-30T07:34:19-06:00

Not a Good Start I showed up in the small conference room at 1:00 PM as instructed. I had been assigned by the CEO to this multidisciplinary committee. I was the physician representative and liaison to the executive team. The chair had been assigned in a similar fashion and had added this responsibility to her many other duties as a director in the Patient Care Division. When I arrived, there was only one other member present. The chair had [...]

Nine Maxims for Masterful Meetings2016-11-30T07:34:19-06:00

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