|
When you create a new compensation plan, purchase a physician practice, plan for a PHO or establish a new business relationship with a physician, you need to know your ultimate goals for the deal, the goals of the physicians and how you are going to get from the current situation to meeting those goals.
DGA can help you make the often-difficult transition between agreement on the terms of the ultimate transaction and where things stand now. Part of providing the answer is providing a way to get there.
Physician compensation needs to be negotiated in parallel with practice valuation, because it can have a significant impact on valuation. Physicians who will experience a reduction in income after a transaction will need a transition plan to adjust for that. Decisions need to be made on what will happen with practice staff, and who is responsible for specific costs during the transition process.
DGA knows that transition is a key part of these projects, and we have experience in coming up with ways to make that transition.
|
