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Understanding Business Arranagements


Discovery Resource # ST-11
Resource Topic: Type of Practice
Planning Tools: Survival Tool
Career Phase: Learn
Description: Which business model are you best suited for?
Description:
Physicians typically practice in one of five business models. Each models has its strengths and weaknesses and each can impact compensation, opportunities for growth; and personal or professional development opportunities.
Objectives:
  • Learn about the five different business models, their strengths and weaknesses.
  • Identify and utilize indicators on which model may suite them best in their practice of choice.
Author:
Todd Skertich is a 19-year veteran and leading authority in the healthcare consulting and physician recruiting industries. Todd is the founder of Adventures in Medicine (AIM), an innovative media company whose online platform is dedicated to delivering the highest quality career and life planning content and resources for residents and physicians to:

 Achieve and maintain their desired work-life balance
 Pursue their life’s purpose
 Leave a legacy that lives on through their patients, friends,
and family