Medical Practice Management
Jan 06

Begin the new year with focus on employees

The physician medical practices are focused on reducing turnover costs, but more importantly, they are focused on keeping top performers – They accomplish this goal by taking positive steps to engage their employees.

According to the Gallup organization, employers have three types of employees:

Engaged employees work with passion and feel a profound connection to their employer. They drive innovation and move the organization forward.

Not-Engaged employees are essentially "checked-out." They're sleepwalking through their workday, putting in time – but not energy and passion – into their work.

Actively Disengaged employees aren't just unhappy at work – they're busy acting out their unhappiness. Every day, these workers undermine waht their engaged co-workers accomplish.

I have observed that leaders in many physician medical practices fail to implement initiatives that go a long way in supporting and retaining their engaged employees (top talent). Many physician practices also lack the commitment to outplace the actively disengaged employees. Remember this – your best performers EXPECT YOU to get your poor performers out of the way.

So as you start this new year as yourself: Does it make sense to get rid of the deadwood?

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 →