PYA GatesMoore has literally established hundreds of new medical practices for physicians. As such, our knowledge of the financial, management and operational aspects to be considered in physician recruiting agreements is excellent. Whether you are offering a collections guarantee or a net income guarantee, we are familiar with the regulatory requirements as well as the practical aspects of these financial arrangements.
When placing new physicians into existing medical practices and providing a net income guarantee, we can perform the analysis necessary to set expectations regarding incremental expenses such that the expectations of all involved parties are appropriately set. We also work with the CFO to establish the reporting mechanism for incremental expenses.
When recruiting a new physician to establish a solo private practice, we can work with you to determine the appropriate ceilings to set for the operating expenses and monthly advances as well as the total maximum amount to be advanced under the agreement. We work with you to appropriately educate the physician and his/her staff on the operational points of this type of agreement.
