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Evaluating a practice opportunity. Asking the right questions
1Cejka & Co., St. Louis, MO 63105, USA.
Medical Group Management Journal
|April 8, 1995
Summary
New healthcare administrators must thoroughly vet opportunities by understanding physician expectations, group dynamics, and financial health. Success hinges on knowledge and realistic goal setting for long-term career and life satisfaction.
Area of Science:
- Healthcare Administration
- Medical Group Management
Background:
- Physician groups often seek new administrators after previous ones departed due to unmet expectations.
- Inadequate evaluation of opportunities leads to short tenures for new administrators.
Purpose of the Study:
- To guide candidates in evaluating healthcare administration positions.
- To identify critical factors for administrator success in medical groups.
Main Methods:
- Analysis of factors contributing to administrator success and failure.
- Emphasis on due diligence before accepting a position.
Main Results:
- Thorough understanding of physician expectations is crucial.
- Assessing the group's political climate, financial performance, and strategic plan is vital.
- Defining first-year objectives and the board's authority is key.
Conclusions:
- Knowledge and comprehensive evaluation are essential for healthcare administrator success.
- The right position significantly impacts personal and professional life.