Medical Practice Management Books, Journals and Articles for Physicians, Practice Administrators and Doctors' Office Managers

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Succession Planning and the Physician Practice Is your practice prepared

Succession Planning and the Physician Practice Is your practice prepared


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Managing the day-to-day operational issues of a medical practice can consume the focus of practice management, while planning for future events such as physician retirement or end-ofcareer decisions typically earn a lower ranking. Succession planning can play a crucial role in equipping both the individual physician, as well as the group practice, with a successful physician practice environment for the future. In this article, we will explore four key reasons physician practices need to have aneffective succession plan in place.