Create an achievement list for potential partners

As a physician leader, work together with a new physician to identify the attributes and performance characteristics that will confirm progress towards becoming a partner. Put those goals in writing so each of you will have a copy.

The list should show what progress you expect for promotion to the next level, presumably senior associate or member status. Many of the goals may be subjective, for partnership or its equivalent is both a personal and an intangible relationship. Still, you can make the goals as specific as possible and list them for subjective review and quarterly discussion.

Here are some goals to consider for your new physician's list:

• Acceptance by the patients and by referrers
• Commitment of time
• Handling of managed care plans' details
• Willingness to promote the practice
• Rating on utilization and outcomes reports
• Efficiency in handling patients
• Entrepreneurial involvement

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.