Consider creating your own physician policy manual

The larger the medical group, the more likely you are to have a staff manual – but just as important is having a written physician policy manual as well. As practices change and grow, they often expect their physician contracts to take the place of clear, written policies.

If your group doesn’t already have such a document, you might want to consider creating one for the following reasons:

• A policy manual documents in detail what you and your partners expect from one another as members of the group.
• It serves to communicate those expectations to new physicians and recruits and helps veteran members stay on track.
• It reminds physicians of the group’s own operational internal policies and procedures.
• It reinforces group thinking over individualism and lays the groundwork for disciplinary action should it ever become necessary.

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.