Pay partners for taking on extra duties

Aside from your top physician leader, the increasing complexity of medical practice creates the need for physicians in all size groups to kick in with various aspects of running the practice. From sitting in on an executive committee to heading an important group committee to a major short-term job like selecting a new computer system, one of your own should receive extra pay for doing extra duties.

Often, for small and mid-sized groups, these extra jobs come as part of the partnership territory. But increasingly, partners begin paying for some extra duties as groups grow larger and extra duties become more critical.

Have questions? I’m here to help.

This field is for validation purposes and should be left unchanged.
This field is for validation purposes and should be left unchanged.
Categories
Accounting and Tax Services Litigation Support Managed Care Consulting Managed Care Contract Negotiations Medical Practice and Healthcare Entity Valuation Medical Practice Assessment Medical Practice Brokerage Medical Practice Embezzlement Consulting Medical Practice Management Medical Practice Merger Advice Medical Strategic Planning Newsletter Personal Financial Planning Oversight Physician Compensation Models Physician Compliance Physician Financial Management Services Retirement Uncategorized
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 >

Reed Tinsley, CPA