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Physician Practice Options: Self-Employment vs. Affiliation and Buy-Sell Issues


Healthcare Consulting

 Physician Practice Options: Self-Employment vs. Affiliation and Buy-Sell Issues
CPE Credit

Program Type: Recorded Webinar (Audio, PPT Presentation)
Program Level: Overview
Prerequisites: None
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: One (1) Hour
Fields of Study: Administrative Practice
Item Number: 14PHC0402
Shipping Weight: 0lbs. 0oz.
Price: $80.00
Program Description

"The Times They Are A-Changin" There are many practice opportunities for physicians to consider for the future. Will you remain in solo practice? Merge with others to form a bigger single specialty, multi-specialty group or ACO? Join a Foundation or University Affiliation?

This webinar will present a balanced discussion of options and issues for physicians to consider before making these important practice decisions. This webinar will be presented by experienced consultant, Debra Phairas, President Practice & Liability Consultants, LLC who has advised physicians in making these critical transitions including shoring up solo/small groups, merging practices, consulting on being acquired and negotiating compensation for physicians.

Topics Include:
- Is solo or small group practice viable for the future?
- Merging with single specialty or multispecialty?
- Equalizing Intangible and Tangible assets
- Honeymoon Clauses
- Vesting for Future External Purchases of Entity
- Joining a Foundation, University Affiliation or Hospital Outpatient Clinic Model
- When to consider an offer and How to assess an offer
- Will goodwill or intangible asset value be included or excluded and how will this be valued?
- How will tangible assets including equipment be valued?
- How many years should the contract be guaranteed?
- Compensation models including base salary and $ per WorkRVU How this works
- What will it be like being an physician employee?
- How will the MD re-establish the practice if he/she wants to leave? Re-purchase of asset and methodology?

Learning Objectives

After completing this webinar, attendees will be able to:

- Identify trends in physician consolidation by hospitals/foundations and medical groups
- Explain the Buy/Sell issues in merging solo/small group physician and equalization of assets
- Utilize the different options pros/cons of hospitals, outpatient clinic and university acquisitions
- Articulate the FMV compensation formulas hospitals/ groups offer $ per Work Relative Value Units

Presenter(s)

Debra Phairas
Ms. Debra Phairas is President of Practice & Liability Consultants, LLC a nationally recognized firm specializing in practice management and malpractice prevention. Her background includes medical clinic administration and loss prevention management for NORCAL Mutual, a physician malpractice insurance carrier in Northern California. Her BS is from Michigan State University and her graduate work at Golden Gate Univeristy San Francisco MBA Health Services Administration program.

Her consulting experience includes over 1,700 practices of all sizes and specialties. Typical engagements include: practice start-ups, practice assessments, mergers, financial analysis, revenue enhancement, overhead reduction, personnel management, over 380 practice valuations, expert witness, partnership issues and recruitment support for hospitals and physician groups. She has presented seminars and lectures nationwide for state and local medical/dental associations, management organizations and specialty societies. Please view website: www.practiceconsultants.net