employment

Negotiate a Great Contract, Avoid Burnout, and Be Happy

2024-02-13T09:47:54-06:00

  Interview with Ethan Nkana - Episode 339 In today's episode, Ethan Nkana explains how to negotiate a great contract, avoid burnout, and protect yourself legally. Ethan's advice revolves around empowering physicians to advocate for their best interests, understand the nuances of their contracts, and seek professional assistance for optimal negotiations. Our Show Sponsor We're proud to have the University of Tennessee Physician Executive MBA Program, offered by the Haslam College of Business, as the sponsor of [...]

Negotiate a Great Contract, Avoid Burnout, and Be Happy2024-02-13T09:47:54-06:00

Follow These 8 Steps to a Career in Quality Improvement – 027

2021-03-20T19:43:19-05:00

In this episode, I respond to a listener's question about pursuing a career in quality improvement. Her ultimate goal is to become a chief medical officer for a health system. I list the tactics I would use to achieve that career goal. Free Career Transition Guide Before I jump into today’s content, I need to tell you about a new “how-to-guide” I’ve written. It’s a 24-page manual, complete with checklists for 5 nonclinical careers. It outlines the steps [...]

Follow These 8 Steps to a Career in Quality Improvement – 0272021-03-20T19:43:19-05:00

What You Need to Know About Physician Recruiting Incentives

2017-06-28T11:40:59-05:00

If you work for a large medical group or hospital system, you may be involved with recruiting physicians or negotiating employment agreements. It’s a set of skills worth learning because so many systems are on a recruiting binge. Salary levels have consistently grown at single digit rates for years. But the type and size of physician recruiting incentives have been more variable. With the recent release of the Merritt Hawkins 2017 Review of Physicians and Advanced Practitioner Recruiting Incentives, [...]

What You Need to Know About Physician Recruiting Incentives2017-06-28T11:40:59-05:00

Inflated Physician Compensation Prompts OIG Scrutiny

2017-06-17T12:26:34-05:00

Modern Healthcare recently reported that Mercy Hospital Springfield and its affiliate clinic settled a case with the Department of Justice for allegedly submitting false claims to Medicare (Mercy pays $34 million to settle fraud, physician compensation claims). The case involved allegations of inflated physician compensation at an infusion center. Modern Healthcare quoted the DOJ: “When physicians are rewarded financially for referring patients to hospitals or other healthcare providers, it can affect their medical judgment, resulting in a overutilization [...]

Inflated Physician Compensation Prompts OIG Scrutiny2017-06-17T12:26:34-05:00

Failure Promotes Discovery and Breeds Character

2017-04-15T07:23:14-05:00

I was awakened at 2:30 AM by the ringing of my home telephone not two feet away. It was startling and disorienting. My “land-line” never rang at night. And my wife and I rarely answer it because only telemarketers call us on that phone. But my wife answered. She determined that the caller wanted to speak to me. After clearing my head for a few seconds and focusing on what the caller was trying to tell me, I [...]

Failure Promotes Discovery and Breeds Character2017-04-15T07:23:14-05:00

Does An Executive Salary Stand Up to a Clinical Salary?

2020-08-07T07:32:08-05:00

One of the things that was nice about being on the executive team of a hospital was the possibility of making a year-end bonus. The bonus was generally tied to achieving four or five organizational goals, but we had a good team and we generally received 70 to 80% of the monies that we were eligible for each year. The bonus was usually paid in March. Including the bonus dollars, my annual executive salary was well above my [...]

Does An Executive Salary Stand Up to a Clinical Salary?2020-08-07T07:32:08-05:00

Why Demoralize Your Employed Physicians Over Tail Coverage?

2017-01-01T11:11:33-06:00

I was sitting across the table with a new family physician recruit for the third time. He was a particularly challenging recruit to work with, but we really needed family physicians. We had added several physician assistants and nurse practitioners and we needed qualified primary care physicians to collaborate with them. We were back to discussing tail coverage. I had explained to the candidate that it was our practice to require tail coverage to be covered by the physician. It was [...]

Why Demoralize Your Employed Physicians Over Tail Coverage?2017-01-01T11:11:33-06:00

What’s Driving Physician Obsession with Compensation And How Can You Help?

2016-10-23T14:36:36-05:00

Employed physicians are very concerned with their contracts and compensation. What sometimes seems like a legal formality to employers, is a document (employment agreement) that basically defines the legal boundaries of their professional lives. Newly employed physicians often ask me how to maximize their incomes under their current employment agreements. As an administrator dealing with employed physicians, it is easy to become cynical about this topic. It seems as if some of our physician candidates and employees are concerned more with [...]

What’s Driving Physician Obsession with Compensation And How Can You Help?2016-10-23T14:36:36-05:00

Health System Physician Employment Is Still Growing

2016-11-17T11:37:23-06:00

Physician employment by hospitals grew 49% between July 2012 and July 2015, according to the Physicians Advocacy Institute. Many formerly independent physicians have sold their practices and become employed. A high percentage of newly trained physicians are also signing with hospitals and health systems. physician employment contract “Let's call it quits.” I said. “We've been negotiating this agreement off and on for three years.” The CFO looked at me: “I'd like to.” He was frustrated because he knew [...]

Health System Physician Employment Is Still Growing2016-11-17T11:37:23-06:00

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