Physician partnerships: keep the entrepreneurial spirit alive

With the advent of managed care, physicians who practice on their own and compete against other doctors are becoming a vestige of the past. More and more doctors are learning there is strength in partnering with other physicians and a corporate health care provider to bolster their practices, take advantage of economies of scale, and have more clout when competing for managed care contracts. One corporate provider in the business of establishing such partnerships has learned the key to success in physician partnerships is investing time to build solid relationships with the doctors considering the venture.