Published in:
01-10-2014 | Office Urology (N Shore, Section Editor)
Optimizing Urology Group Partnerships: Collaboration Strategies and Compensation Best Practices
Authors:
Dana L. Jacoby, Bruce S. Maller, Lisa R. Peltier
Published in:
Current Urology Reports
|
Issue 10/2014
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Abstract
Market forces in health care have created substantial regulatory, legislative, and reimbursement changes that have had a significant impact on urology group practices. To maintain viability, many urology groups have merged into larger integrated entities. Although group operations vary considerably, the majority of groups have struggled with the development of a strong culture, effective decision-making, and consensus-building around shared resources, income, and expense. Creating a sustainable business model requires urology group leaders to allocate appropriate time and resources to address these issues in a proactive manner. This article outlines collaboration strategies for creating an effective culture, governance, and leadership, and provides practical suggestions for optimizing the performance of the urology group practice.