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Bauman Speaks at PAHCOM National Conference Randy Bauman was a featured speaker delivering two presentations at PAHCOM’s national conference in Phoenix on September 16 and 17. PAHCOM is the Professional Association of Health Care Office Management, and several hundred of its members gather annually to learn from industry experts and share their experiences. Bauman’s first presentation – “Time to Sell?” – covered several points made in his book of the same title. He discussed reasons why physicians may want to sell their practice to a hospital, what to expect in today’s market, and alternative solutions to selling a practice. The second presentation was entitled “Working with Physicians in Difficult Times.” It explored some options that practice managers have to resolve difficulties when physicians, who are more stressed than ever, exhibit bad behaviors. Time To Sell Your Practice? New Book Helps You Decide. Delta Health Care announces that Randy Bauman’s book, Time to Sell? Guide to Selling a Physician Practice, has been published by Greenbranch Publishing, Inc. and is available for purchase at: http://shopmpm.com/time_to_sell_your_physician_practice_bauman.asp Physicians are selling their practices to hospitals at a feverish pace, because they are tired of struggling with falling reimbursements and rising costs and business complexities. But the prices hospitals are offering have cooled considerably, so selling isn't always a slam-dunk solution. In fact, physicians may find that the same problems that prompted them to sell their practice to the hospital -- regulatory headaches, stagnant income, long hours -- continue to frustrate them as hospital employees. According to Bauman, “Physicians face a real challenge. On the one hand, the trend to sell is taking on tsunami proportions. On the other hand, selling just isn't the right choice for every physician. The trouble is many physicians lack the business background needed to assess their situation. And – if selling is the right choice – they may not know how to find the right hospital partner and structure a realistic deal." Bauman's new guide bridges this gap for physicians, giving them practical tools for finding the right fit - both personally and financially. For example, the book helps physicians understand why some practices command higher rates and shows them how they can employ everything from "curb appeal" to revenue streams as the basis for developing their own pricing strategy. Practical checklists are provided to make utilizing the advice even easier. When selling a practice isn't going to be the right fit, Bauman offers a variety of options physicians can use immediately to improve the financial rewards and personal satisfaction they enjoy in their existing practice. Download printable PDF of this article News Archive “Why Physicians Don’t Merge” in The Journal of Medical Practice Management ® Randy Bauman’s article “Why Physicians Don’t Merge” is slated to be in the September/October issue of The Journal of Medical Practice Management distributed at MGMA. FREE Podcast: “The Future of Group Practice” Randy Bauman was interviewed by Greenbranch Publishing president Nancy Collins about the status and the future of physician group practice. Available on the Medical Practice Management Network site – www.soundpractice.net – the 20-minute interview can be listened to online or downloaded. This is the written introduction provided by Greenbranch: Bauman Joins Greenbranch Editorial Board Randy Bauman has joined the editorial board of Greenbranch Publishing, LLC, publisher of The Journal of Medical Practice Management®. Noting his many contributions in articles, audio conferences and a podcast, Nancy Collins, president of Greenbranch, invited Bauman to formally join the editorial board of industry experts. Disruptive Physician Behavior Audio Conference & Article Randy
Bauman's audio conference for The Journal of Medical Practice
Management entitled "Disruptive Physicians and
How to Deal with Them" is available now on CD. Read more
about the conference content and how to purchase at: His related article on disruptive physician behavior is published in the September/October issue of The Journal of Medical Practice Management. That issue is distributed at the national MGMA meeting this fall in Las Vegas. For more information or to subscribe, go to www.mpmnetwork.com. Delta Tapped for Sokolov Projects SSB Solutions, a nationally renowned consulting firm founded by Jacque J. Sokolov, M.D., has tapped Delta as a resource on several projects. When SSB develops complete heart/cardiac care programs for large hospital systems, Delta's expertise is used for cardiology and CV surgery group assessments and reorganization. "Delta has in-depth expertise in physician practice business and relationship issues," said SSB president and senior partner Michael Treacy, J.D., "And those can be critical components of major system reorganization or when creating an entirely new program." We are extremely proud of our working relationship with SSB because of the visionary, quality results they deliver. A link to the SSB Solutions Web site is provided in the Resources section of our Web site. Demonbreun Addresses Central Pennsylvania MGMA Meeting Daryl Demonbreun spoke to more than 50 medical office managers and administrators at a March meeting sponsored by the Central Pennsylvania chapter of the Medical Group Management Association (MGMA) and Harrisburg Area Community College. His presentation, "Keeping Your Sanity in Insane Times," alerted the audience to the myriad of issues raised by the changing dynamics in the field today and detailed how continual growth in management skills and knowledge provide solutions for practice administrators. Delta Welcomes Angela Herron Angela Herron, a veteran financial healthcare consultant, has affiliated with Delta Health Care. As a founder of Phoenix Healthcare Consulting, Angela's work has focused on financial advisory services and business planning and development for hospitals, health systems, medical groups and ancillary service providers. She has more than twenty years experience in healthcare financial consulting, and has held senior level positions with national healthcare consulting and financial services companies. Recent experience includes:
Angela has published articles on MSO development and creative models for physician-driven managed-care organizations and co-authored the chapter, "Capitation Economics" for the textbook, Business Management for Contemporary Medical Practice, published by Springer Publishing Company. She serves on the Board of the Healthcare Financial Management Association, Lone Star Chapter, and holds a Bachelor's degree in accounting from the University of Northern Iowa. Leif and Randy's "Physician Mergers" Audioconference Available on CD Leif Beck and Randy Bauman presented a 60-minute audio conference titled "Physician Mergers -- Strategies for Evaluating Opportunities and Avoiding the Pitfalls" live on September 8. If you missed it, you can still gain the valuable insights presented with the purchase of a CD or tape. The program debunked many merger myths and advised on how to choose an appropriate partner. They shared real-life examples of mergers that worked and ones that didn't. Use this program to identify red flags and also to know how to move forward and develop a successful business plan. This was an HCPro audioconference sponsored by Group Practice
Solutions newsletter. A full outline of the content is published
on their Web site at www.hcmarketplace.com/Prod-3605.html |
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visit: www.physicianmergers.com a division of Delta Health Care |
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