Practice tip of the week: Retaining great physicians
Your weekly dose of wisdom from the Physicians Practice experts.
With all the useful information available on Physicians Practice, it is easy to become overwhelmed.
With this in mind, the tip of the week is a chance to reflect on some of the wisdom found all across the site. In this January 2024 story on retaining fantastic physicians, Rebekah Bernard MD, offers this tip:
3. Produce a better work environment
Providing adequate workspace, equipment, and support staff is essential to retaining physicians, but even small steps in elevating the work environment can make a difference, says Farrago, who recalls an early experience in his career. “A friend used to bring me and other colleagues to his hospital’s doctor’s lounge, because they had really nice coffee and biscotti. He ended up recruiting several new physicians to the hospital.” According to Farrago, the relatively minor expenditure of upgraded coffee made an impression on physician visitors. “It made it seem that the hospital cared about their doctors.”
Farrago advises: “The bottom line is that great hospital environments create happy doctors. Those happy doctors stay. Happy doctors recruit other happy doctors. And happy doctors make patients happy. This saves you money and makes you money.”
Click here to read the rest of the article and be sure to check back next week for another Tip of the Week!
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
