With medical group practices contending with declining reimbursement and increasing costs, their leaders frequently think of cutting staff. But rightsizing doesn't always mean downsizing — it means having the right number and right mix of staff to ensure optimal physician productivity, practice efficiency and financial performance.
This book presents a systematic approach to rightsizing. The authors outline a five-step process to realign staffing levels and responsibilities to optimize performance.
Tools and resources to help practice executives apply the rightsizing process to their organizations include:
- Comprehensive data tables to help practices perform their own benchmarking analyses
- Case studies to demonstrate the steps in the rightsizing process
- Practice models that reflect innovative staffing plans
- A staffing resource allocation tool to get the right mix of employees
Table of contents
- What Is Rightsizing?
- Why Rightsize the Medical Practice?
- How Staffing Levels Affect Medical Practice Profitability
- Staffing is a Measure of Work
- The Impact of Internal Practice-Specific Factors on Rightsizing
- A Systematic Approach to Rightsizing the Medical Practice
- A Closer Look at Staffing Categories and Staffing Models
- Conclusion and Future Implications