Drafting a group physician practice mission statement

Written by Reed Tinsley, CPA | October 6, 2007

An effective group mission statement outlines your purpose, your priniciple activity to achieve it, and your core values. It answers the question: Why should your practice exist? To help you and your partners craft a statement that works, try approaching each section with questions like these:

Purpose

  • What do you hope to accomplish?
  • What is the ultimate result of your work?
  • How will your community change as a result of your work?

Activity

  • What will you do to accomplish your purpose?

Values

  • What basic beliefs do you share with your partners?

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.

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