Dr. Daniel Hoffman lays out the case for being an independent doctor, rather than employed by a health system. What are the benefits?
How well do you follow rules and take orders, especially when it is against your medical judgement?
How long do you have to wait until you can get new equipment or supplies for the office? How do you handle an employee causing problems who works for the hospital not yourself? What do you do when you feel hospital policies are causing a problem with patient care? How do you get additional benefits like nursing home insurance for you and your family? How good is your job security with the hospital?
All these and many more concerns add to the burden of being employed as a physician. Having your own office means making decisions you can act upon immediately and deciding in what direction you want to take the practice.
Problems are managed immediately and you can concentrate on the practice of medicine and your patients. Decisions can be made in the best interest of the patients and yourself. The staff will be more responsive to problems of the practice, since you are paying them for their services and not some health system.
Patients get more care and consideration as they are the source of your income. At the end of the day, you can go home knowing you did what needed to be done without any outside interference. I like being my own boss, as it is less stressful than taking orders from an organization when I disagree with the policy or decision.
Practice Administration Stability and Key Determinants of Success
September 14th 2020Sachin Gupta, CEO of IKS Health, discusses how independent practices can remain administratively stable during the pandemic and after, as well as provides the key determinants of success for new and growing practices.