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Choosing Autonomy - The Physician's Guide to Returning to Private Practice

Choosing Autonomy - The Physician's Guide to Returning to Private Practice

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While many hospitals continue to acquire practices and build larger and larger physician networks, there also is a steady stream of "leakage" - physicians who have concluded that hospital employment isn't for them, and they are returning to private practice.

Join Randy Bauman, Author of, “Choosing Autonomy – The Physician's Guide to Returning to Private Practice” for this practical webinar on unwinding an unhappy hospital employment relationship and reestablishing a private medical practice.

This session is designed for:

  • Employed physicians (and their administrative staff and advisors) who are searching to regain independence or control over their practice of medicine.
  • Hospital CEOs and executives seeking to understand the perspective of physicians they employ.
  • Medical practice consultants seeking the transfer of knowledge necessary to successfully practice in this growing area.

The webinar will provide an overview of this trend and provide a guide to the issues and pitfalls the decision to choose autonomy raises for physicians including:

  • An understanding of how to evaluate the risks returning to private practice entails in today's environment.
  • Insight on how hospital employment of physicians is repeating the same cycle as in the 1990s, how this cycle works and its implications in decision-making and negotiations.
  • Critical success factors in start-up, operations and management including monitoring tools during the critical early stages.
  • Strategies to evaluate your options, negotiate around legal barriers and develop financial projections critical in assessing the feasibility of leaving employment and striking out on your own.
  • Legal considerations that may prevent you from leaving your current job.
  • Insight to creative financing options, availability of financing sources, techniques and alternatives.

Hospital CEOs and executives will find this session useful as they seek to understand the perspective of physicians they employ. For medical practice consultants, the book provides a transfer of knowledge necessary to successfully practice in this growing area.

Randy Bauman has over 25 years experience in the healthcare industry. He has advised physician groups and hospitals on the business of physician practice, including all aspects of physician/hospital integration, physician acquisition and employment, hospital network development, practice mergers and acquisitions, group formations, strategic planning, physician compensation, governance, and practice valuations.

Randy joined Delta in 1993 and developed models and methods used in the creation of the firm’s successful integration models. Prior to joining Delta, Randy was a senior consultant with Chicago-based LINC Group, where he worked with hospital and physician clients on the feasibility, development, and financing of health care joint ventures, including imaging centers and medical office buildings.

Randy also served as a financial consultant for Control Data Corporation and started his career as a CPA with KPMG. He received his bachelor of science in finance and accounting from Minnesota State University.

He is a frequent speaker for many organizations and has presented numerous audio conferences and webinars on a diverse range of topics. He has been interviewed by and had articles published in numerous healthcare publications. His book, “Choosing Autonomy – The Physician’s Guide to Returning to Private Practice” was published in 2016 by Greenbranch Publishing. The Third Edition of his best-selling book “Time to Sell?” was also published in 2016. He is a member of the Medical Group Management Association, the American Health Lawyers Association and Toastmasters International.