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Understanding Orthopedic Practice Models: Independ ...
Understanding Orthopedic Practice Models: Independ ...
Understanding Orthopedic Practice Models: Independent Practices and Joint Venture Video
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Video Summary
In this webinar, three orthopedic practice leaders discussed key challenges and strategies for success. They emphasized the importance of retaining earnings and making investments in areas like technology to drive growth and efficiency. They highlighted the significance of communication with physician owners about the need for reinvestment. The leaders shared insights into maintaining patient relationships, implementing new systems like EHRs, and using technology to streamline operations and improve patient care. They also discussed the importance of budgeting, planning ahead, and staying ahead of financial and operational challenges to ensure the sustainability of their practices. Ultimately, the advice they offered to others following in their footsteps focused on the value of getting involved, seeking support from organizations like AOE, and focusing on what can be controlled while letting go of what cannot, to maintain a healthy work-life balance.
Keywords
orthopedic practices
investments
leadership
competition
health systems
technology
EHR integration
physician owners
AI-driven solutions
work-life balance
orthopedic practice leaders
key challenges
strategies for success
retaining earnings
investments in technology
communication with physician owners
patient relationships
EHR implementation
budgeting
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