Life After Residency: Choosing Your Practice Setting Seminar

This seminar is designed to aid physicians in deciding where to practice. It provides specific information on pertinent health policy issues and business tools physicians need to use in their decision process. Upon completion of the seminar physicians will have a clear understanding of the present health care environment as well as how health care policies are likely to affect their practice in the years to come.  They will know how to evaluate opportunities from financial and operational perspectives. In addition, they will also have been exposed to the language of business, which will give them greater confidence in initiating and understanding discussions with health systems and/or practice organizations. Exposure and participation in the seminar will assure meaningful and productive employment negotiations for all possible practice settings.

Seminar Content

Health Care Policy

  • Health Economics and Policy
  • Understanding Reimbursement
  • Patient Protection and Affordable Care Act

Physician Practice Options

  • Defining Questions
  • Practice Settings
  • Evaluating the Financial Aspects of Physician Employment Models

Analyzing Practice Environments

  • Identifying Competitive Market Forces
  • Conducting an Operational Assessment of the Practice
  • Performing a Strategic Assessment of the Practice Setting

Negotiation

  • Preparing for Negotiation
  • Aligning Incentives with Your Negotiating Partner
  • Creating the Win – Win Negotiation
  • Important Non-financial Issues

Seminar Structure

1 day with a maximum class size of 30; split into 2 sections of 15 participants each

  • 1 hour of instruction on Health Policy
  • 2 hours on Physician Practice Options
  • 1.5 hours on Analyzing Practice Environments
  • 1.5 hours on Negotiation

The enrollment fee is $295 per participant and includes lunch and all materials.

Continuing Medical Education (CME) Credit

The Accreditation Council for Continuing Medical Education accredits INOVA Health System to sponsor continuing medical education for health care professionals. INOVA Health System has designated this continuing medical education activity provided by Essential Seminars for Physicians, LLC as 6 credit hours in Category 1 of the Physician’s Recognition Award of the American Medical Association.

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