Going Solo in a Group--Part 3 (Practice Management‪)‬

It is not an overstatement to say that, in business, a company's main assets walk in the door in the morning and out the door at night. All company owners hope those assets walk back in the following morning. Whether a business is a medical practice or a Fortune 500 company, managing human resources represents a major challenge. The fortunes of a management services organization (MSO) and its participating physicians are especially dependent on staffing. Reimbursements to offices are dropping and costs are rising. Well-selected, properly trained, competitively paid and satisfied employees can support what every caring and competent physician tries to build-a well functioning, financially viable practice.