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Apr 10

Evaluate partner potential

If you have successfully recruited a new physician to join the practice, you have an excellent opportunity to help him or her become a valuable long-term member of the group. Shaping up properly is admittedly the associate’s challenge, but it is equally important to the practice as well. You have too much invested in your new hire to adopt a sink-or-swim attitude.

Good group governance demands evaluating all physician-members’ performances, even that of the most senior member. By establishing the process with your newest member before he or she has a standing to resist, you can work on expanding it as the idea takes hold.

About Reed Tinsley, CPA

As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read more →