Good anesthesia practice management includes proper governance. Practice governance must act to help an anesthesia practice succeed as a business and succeed clinically. This post offers some perspective on when it is time to self-assess your governing body and why you should take these triggers seriously.
The list is by no means exhaustive. It illustrates some of the internal and external changes that might precipitate governance review and rule changes.
A conventional approach of ability, affability, and availability is not enough to guarantee a successful anesthesia practice. Especially not when increased competition for service locations, hospital employment, and group mergers/acquisition discussions are all on the table.
The best board members are sensitive to what non-governing members think of how the practice runs. The best board members do not take the attitude that, “I was elected to do a job, let me do it.” They are not like King George whose actions angered the colonists and led to the king’s overthrow, but more like Mayor Koch of New York City fame who would constantly ask constituents, “How’m I doing?”
Here’s why you need to acknowledge these triggers as an opportunity for self-assessment of your practice.
While some triggers may be more minor than others, consider everything as a whole. Minor irritants may lead to enough dissatisfaction to cause a mutiny. Taking a close look at how well your practice is governing itself and being receptive to new ideas is crucial to the future of the practice.
It’s beneficial to have a physician practice management company or in-house practice management team play particular notice to how well practice governance is taking place in your group. A keen physician practice manager will be on the lookout for triggers like the ones mentioned here and have valid reasons to back up any suggestions being presented.
abeo Management Corporation (abeo) serves as a leading source of revenue cycle management and practice management with a specialization in anesthesia. The company leverages its people, processes, and software to serve independent practices, surgery centers, hospitals and healthcare systems with a scope of services that include billing, coding, transcription, practice management, and business consulting.