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?
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.
  • 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
Todd Skertich, founder & director of content at Adventures in Medicine; creator and author of Career and Life Planning Guidebook for Medical Residents; Career and Life Planning Workbook for Medical Residents; and creator of PhysicianCareerPlanning.com

Todd is the managing partner of Arlington HealthCare (AHC), a physician placement firm, and has helped facilitate more than 10,000 physician interviews, completed over 2,000 permanent physician placements and negotiated over $500,000,000 in physician compensation.

In addition to receiving a bachelor's degree in Business Administration from Indiana University, Todd completed an intensive study at Purdue University on Napoleon Hill's Keys to Success: The 17 Principles of Personal achievement, including “Definiteness of Purpose.” He utilizes these principals extensively in coaching new residents and helping physicians with their job searches.