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Anyone have any experience working for Envision? I'm starting to look for jobs on gasworks and trying to get a feel for what different practices offer.
Solution to the above problem:It’s all about workload folks. What’s fair and what’s reasonable. There is a big difference working 40-45 hours a week (including calls/post call days off) working 55-60 hours.
That’s an extra 20% of workload.
If they are paying you 400k high pace for 55-60 hours of workload with fewer fringe benefits.
And a academic job pays 330k for 40-45 hours plus fringe state benefits.
I’d rather take the at the academic place
I dunno Two of my buddies got really screwed with sheridan/envision a few years ago. He was literally working 68 hours in house for 375k/8 weeks. Plus beeper time
. He logged his time and showed it to them after they said “show us the proof”. They didn’t believe him. Than believed Him after it was electronically logged. Still they didn’t pay him for all the free work he did.
Keep in mind. A lot of Sheridan places that have high turnover also have rogue chiefs and vice chiefs. So that doesn’t help. If you have a fair Chief who is equitable with the schedules. It can be decent place because staffing should be adequate cause left turnover. Sheridan gives the chiefs a lot of leeway how to run a practice locally.
hint hint: If the chiefs are not doing equal calls that’s a big red flag. Especially if place is short staff.
I wonder if it's nice to have someone take care of your overhead plus getting benefits where some private practice you're paying for both out of pocket.
SMH
Some people just don’t get it.
I wonder if it's nice to have someone take care of your overhead plus getting benefits where some private practice you're paying for both out of pocket.
I heard that it's salary plus time after like 3 or 5? Maybe each state is different with different contracts. I wonder if it's nice to have someone take care of your overhead plus getting benefits where some private practice you're paying for both out of pocket.
If you bring in $100 of billing and get paid $100 - employer taxes/office costs/billing - benefits/retirement = $80 on W2, would you be less happy than if a AMC pays you a $60 salary and takes care your overhead+ benefits with a $10 bonus for work after 5pm (with the tagline we take care of the yucky business side of medicine so you can focus on patients)?
Sure you can win a hand or two but statistically over the long haul the house always wins.
This would depend on how many hours per week it took you to take care of the managerial side of your business. If its automated and youre a quick study, then going it without an AMC helps, but if youre routinely adding 5 hours per week to get that extra $20, it may just be more feasible to work those hours (if theyre less than the hours it takes you to do the finances) in the OR.
FWIW, I agree with you on physicians needing to learn the business side of anesthesia management.
This would depend on how many hours per week it took you to take care of the managerial side of your business. If its automated and youre a quick study, then going it without an AMC helps, but if youre routinely adding 5 hours per week to get that extra $20, it may just be more feasible to work those hours (if theyre less than the hours it takes you to do the finances) in the OR.
FWIW, I agree with you on physicians needing to learn the business side of anesthesia management.
If you bring in $100 of billing and get paid $100 - employer taxes/office costs/billing - benefits/retirement = $80 on W2, would you be less happy than if a AMC pays you a $60 salary and takes care your overhead+ benefits with a $10 bonus for work after 5pm (with the tagline we take care of the yucky business side of medicine so you can focus on patients)?
Sure you can win a hand or two but statistically over the long haul the house always wins.
This would depend on how many hours per week it took you to take care of the managerial side of your business. If its automated and youre a quick study, then going it without an AMC helps, but if youre routinely adding 5 hours per week to get that extra $20, it may just be more feasible to work those hours (if theyre less than the hours it takes you to do the finances) in the OR.
Only way amc is a benefit if you have 70-80% Medicare plus 10% Medicaid. As private group it’s constant struggle to ask for hospital subsidy. Hospital threatens to cut subsidy often times. That’s the only way I can see an AMC making sense. Let them handle all your overhead
a friend of my practice was taken over my amc. And he’s actually getting paid higher! Than he was in private for last 3 years. But now the amc is leaving lol. Guess they figure they were losing money! Sometimes market share at expense of losing money is not a good thing.
If you bring in $100 of billing and get paid $100 - employer taxes/office costs/billing - benefits/retirement = $80 on W2, would you be less happy than if a AMC pays you a $60 salary and takes care your overhead+ benefits with a $10 bonus for work after 5pm (with the tagline we take care of the yucky business side of medicine so you can focus on patients)?
Sure you can win a hand or two but statistically over the long haul the house always wins.
AMCs tend to become involved in a few typical scenarios
1. Dysfunctional group - if there is fighting and discord amongst the group members, leading to staffing shortages. The C suite will look outside for coverage
2. Poor reimbursement - group members will game the system to make up the difference, leading to scenario #1.
3. Poor reimbursement and the group asks for a subsidy. Hospital refuses...staffing shortages then occur...and scenario #1 follows
Envision and any other AMC simply come in a salvage the situation. They benefit if a variety of possible ways..some of which are not necessarily a benefit for a small group (market leverage, etc).
I doubt most of the groups in these situations are actually nice places to work as they stand prior to AMC involvement. Sure they may be nice for the senior partners who have sold out..but not for the non-partners.
So I dont think the AMCs came in and ruined things in many cases.
So you’re saying SDA/GCA in Denver, Valley in Phoenix, MAC in NorCal, GHA in Houston, ACI in Vegas, etc were all weak problematic groups?