Issue link: https://beckershealthcare.uberflip.com/i/651018
9 ASC Management C urrent data shows physicians are moving away from private practice towards working for hospitals or large group prac- tices. Practitioners point to pluses and minuses for both em- ployment models. Here are 11 things to know about physician independence and em- ployment. 1. Data from a 2015 Medscape Physician Comepnsation Report shows self-employed physicians earn more than their employed counterparts. Self-employed specialists earned $329,000 compared to specialists em- ployed by a medical group or hospital who earned $258,000. 1 2. Malpractice insurance costs pose an increasing financial bur- den for self-employed physicians, with 75 percent of physicians in low risk specialties and 99 percent in high risk specialties fac- ing a malpractice claim. Among office-based solo practices, 70 percent report being sued; 64 percent of physicians in single-spe- cialty groups report having been sued, and 53 percent of office- 11 Things to Know About Physician Independence and Employment By Allison Sobczak • Scheduling an open question/comment period • Starting/stopping/continuing analysis (what did they like or not like? What would make the meeting better?) • Summarizing follow-up action items with responsible parties noted • Thanking your attendees Q: What can physicians and ASC leaders do to ensure the best outcome of a team meeting? TL: Before the meeting, rehearse what you plan to present, and especially rehearse transitions between speakers. Create a comfort- able atmosphere that encourages participation (play music before and after the meeting, provide snacks and/or drinks, use ice-break- ers, consider small prizes for those who question and/or comment). Maintain a balanced, positive state of mind. Set ground rules requir- ing a positive, respectful environment and quickly redirect negativity in a respectful way. Never make a teammate feel uncomfortable for asking a question or making a comment. Be as transparent in the delivery of bad news as you are in delivery of the good. If you don't know the answer to a question, admit it and commit to follow-up. Follow through on commitments in a timely manner. Nothing kills the positive momentum of a successful town hall than failure to timely follow-up. Failure to follow-up in a timely manner creates a sense of futility in teammates who expressed concerns and results in a loss of credibility and confidence in leadership. n Are your margins shrinking? Are wages and supply costs spiraling out of control? Are inefficiencies decreasing your OR capacity and increasing turnaround time? Is your center profitable, but you think you should be doing better? Call the experts at ASCOA; the people who have helped physicians and hospitals develop and manage over 70 efficient and profitable ASCs nationwide. Increased Profitability | Superior Operations | Quality Patient Care (866) 982-7262 / www.ascoa.com / development@ascoa.com Operate Better