If you are like most of us, you kick off the New Year reflecting on life - your past and your future. I traded in turkey and stuffing with my family for a trip to Nicaragua to work with Habitat for Humanity on a Global Build.
In the case of medicine, it is not the few well-publicized bad apples, but government and corporations injecting themselves into clinical practice that is driving the down trajectory of patient care.
Bringing in a physician partner has many advantages: A partner may help your practice grow and become more successful; partners allow you to share the workload and to combine skills with another provider; and you can enrich your practice by having a solid teammate. However, business partners can become your greatest asset or worst liability. Deciding whether or not to share your practice with someone else may be one of the most important business decisions you ever make. Deciding who you go into business with can be just as important.
Let's face it: finances can be complicated. Whether opening a new investment account, saving for your child's college fund or rolling over a 401(k), sometimes you need professional financial help.
There are three dimensions of cohesion: individual morale, confidence in the medical practice's capability, and confidence in practice leaders. In combination, these dimensions dramatically affect the effectiveness of your practice.