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How many of your are part of an Democratic EM Group with equal voting rights? and Which state? What are some of the pros and cons of it?
Democratic EM Groups
- Thread starter malusport
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I think this is a great question, particularly the pros/cons of a democratic group vs. corprate, single holder of the contract, etc. You don't get much of this in medical school, and I for one am interested in different ways practices are structrued.
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jjs said:
Dude, I didn't even know you knew how to spell 'democratic' much less about the types of groups for Emergency physicians. You continually amaze me.....
I second the notion that this is a good question and warrants commentary.
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The only way to solve this is to write a haiku.
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Sorry, but I've no haiku to offer.
My first job out of residency was a single hospital democratic group with a two year qualification and then a two year "buy in" period. After that, all partners are equal.
My current full time gig is with California Emergency Physicians, the largest democratic EM group in California (and maybe the country). We currently hold 52 contracts. There's a long gradual vest to full partner over 5 years.
The advantage is that "The Man" isn't skimming profits off of your hard work, a voice in the direction that the group handles medicine, and usually better relations with the rest of the medical staff.
The disadvantages are few IMHO. You are expected to participate more in medical staff activities (committees and whatnot). Working for "The Man" (i.e. contract management groups) is less hassle when it goes smoothly. Just go in, do your shifts, and go home. The problem is when it doesn't go well. And CMGs will generally pay you less than a democratic group.
My part-time job is with EmCare, which in my experience, is among the more benign CMGs. Though my experience with them so far is pretty short (less than one year), I have some friends who seem pretty happy working for them.
My first job out of residency was a single hospital democratic group with a two year qualification and then a two year "buy in" period. After that, all partners are equal.
My current full time gig is with California Emergency Physicians, the largest democratic EM group in California (and maybe the country). We currently hold 52 contracts. There's a long gradual vest to full partner over 5 years.
The advantage is that "The Man" isn't skimming profits off of your hard work, a voice in the direction that the group handles medicine, and usually better relations with the rest of the medical staff.
The disadvantages are few IMHO. You are expected to participate more in medical staff activities (committees and whatnot). Working for "The Man" (i.e. contract management groups) is less hassle when it goes smoothly. Just go in, do your shifts, and go home. The problem is when it doesn't go well. And CMGs will generally pay you less than a democratic group.
My part-time job is with EmCare, which in my experience, is among the more benign CMGs. Though my experience with them so far is pretty short (less than one year), I have some friends who seem pretty happy working for them.
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I'll ditto what Sessamoid said. I work for Emcare. It's pretty good for those that don't want to run the business and are willing to pay not to. In a corporate group you can just do medicine but you don't have any opportunity to move up inot partnership and make more money.
