Pros
- Physician ownership and leadership - Democratic group and organization structure - Retirement financial planning - Able to quickly move within the healthcare space to address provider needs - Diversity of practice opportunities and people The primary benefit is physician ownership and leadership. Meaning the goals of the company are 1. patient care and 2. provider satisfaction. Decision-making comes from smaller like-minded democratic groups that have merged with the vision to bring together best-practice concepts and business strategies. The corporate side of CarePoint Health helps to glue everything together. I honestly feel like I own a piece of the group and find satisfaction in knowing that P.E. money (*debt!) and other outside interests are kept out of the strategic pathway.
Cons
- Compensation, when compared to other US regions Challenges come with growth. But to keep up in the healthcare industry and for independent businesses to maintain relationships with hospital organizations, growth is a requirement. WRT compensation, this is something that is universally a challenge. It is regional and difficult to change