Or is it? We can’t help patients, cure disease or fix trauma without a healthy practice.
Many providers have sought the perceived safe harbor of hospital employment. That is OK for some, a good idea for others but, in my experience, a huge mistake for most. It is also my experience that the reason used to make the mistake is, at the end of the day, bookkeeping or the lack of it being done properly. Private practice is a business and, when run successfully with good operations, good and honest information and analysis, and well thought–through strategic decision–making, the last and worst option is hospital system employment.
About R. Todd Welter • MS, CPC
Founder and President of RT Welter & Associates
Mr. Welter has over 25 years of healthcare industry experience assisting physicians and other providers, hospitals and other facilities with the business side of medicine. Through strategic planning and analysis, Mr. Welter’s main focus is to strategically increase revenues and profitability in this radically changing health care environment. Mr. Welter has a Masters Degree in Organizational Leadership from Regis University in Denver where he has had an appointment as affiliate faculty in the School for Professional Studies for over ten years. In addition, Mr. Welter holds a faculty appointment at the University of Denver’s University College. In the Health Care Leadership program he teaches Macro Economics in Health Care and Innovative Strategies and Change in Health Care to graduate students.