Ensuring Physician-Led Medical Practices: The Power of Ownership

Ensuring Physician-Led Medical Practices: The Power of Ownership

By nature, the healthcare industry is a competency and character-driven industry. The leadership role should not be allowed to compromise the company standard or give wrong or misguided information. Recently, there has been raised a number of questions relating to ownership of medical practices particularly professional corporations. Who can own and control them matters a lot in healthcare delivery as identified above has a lot of consequences.

  • Why Physician Participation Plays a Vital Role in Medical Businesses

  • The premise of a medical practice is doctors’ professionalism and the regulation of best and appropriate conducts. When doctors themselves are the leaders of the medical Practice and the key stakeholders in the Medical PCs, this guarantees that the clinicians determine the way that the company runs and makes its decisions. The work of a physician is not merely limited to paperwork; it forms the core of practice, decision on strategies to be implemented in creating care plans and focus on professionalism and ethical issues.