Since the late 1880s, physicians have found the value in forging formal affiliations to equitably distribute burdensome overhead and enhance the delivery of quality, patient-centered care. As the practical and preferred choice of many practitioners, the Physician Group Practice model has played a vital role in healthcare since their early inception. Through financial pressures and changing reimbursement mechanisms, many medical groups have sought affiliation or employment with hospitals and health systems. Others have eschewed this trend and found viable paths to maintaining independence. Each course requires different attributes from leadership, and through years of medical group executive recruitment, Grant Cooper has gained a peerless grasp of these varying Physician Group Practice dynamics.
Grant Cooper has witnessed the entire evolution from independent to owned, and we are well positioned to provide Physician Group Practices with the tailored leadership needed to reach each group’s specific goals. Understanding these aims is the first step to successful recruitment, and we gain a direct appreciation for each group’s needs during our initial on-site consultation. With those requirements in mind, Grant Cooper’s Research Strategists deploy robust and up-to-date candidate databases which comply specifically to the required parameters of each role and the needs of each group. Because of the boutique nature of our firm, we experience less blockage than our competitors and have access to a significantly larger pool of physician and non-physician medical group executives.
Attributes of Successful Physician Group Practice Candidates
Free-standing Physician Group Practices wishing to retain their independence require leaders with similar vision. Tenacity and entrepreneurialism paired with a keen understanding of new reimbursement methodologies and quality initiatives are crucial attributes for continued success. Leaders of independent groups must also walk a thin line, seeking affiliations with hospitals and negotiating with payors without straying away from autonomy. Employed groups require leaders who can advocate for physicians while aligning with broader health system goals. These executives need the resilience to communicate effectively with physicians and administration while striking a delicate balance between occasionally competing interests.
Whether employed or independent, single-specialty or multispecialty, Physician Group Practices of all varieties have partnered with Grant Cooper to find and attract exceptional executive talent. Physician Group Practices were among some of our earliest clients and we’ve been present throughout the many transitions medical groups have undergone. Regardless of each group’s particular leadership needs, Grant Cooper has the experience and the network to ensure those needs are comprehensively met.