In the future, the only "private practice" that resembles today is extraordinarily large physician groups with dozens if not hundreds of docs. I think the days of smaller groups of 10 or less doctors are going away, because they wont be part of an ACO, the payors wont reimburse you unless you are part of an ACO.
That's probably true. We have joined several local ACOs, and are currently the only group in our specialty in most of them (which are now closed). Time will tell what is going to happen but I agree that practice as we now know it will change.
#6: Whats the general structure on your partnership buy-in? Do you forego a certain percentage of your reimbursement to be invested into the group or what?
Surgical practices are generally not valued very highly; therefore, buy-ins are either negligible or non-existent. There will be some local variation of course, as to what is generally practiced in your community. Anyone joining our group is told up front what the buy-in calculation is and they can elect to have it taken "off the top" or just pay a lump sum at the time they are made partner.
This is a common area where groups try and rip off the young partner, coming up with exorbitant buy ins which are not based on practice value. I see it mostly in practices where the partners support the new grad's salary without any assistance from a hospital and subsequently, they feel entitled to some of that money back when the newbie becomes partner. Bear in mind, that once the newbie has gotten up to speed, they HAVE been getting that money back in reimbursement over and above what the new guy is being paid, but that seems to get lost in the equation.
#8: IMHO the labor department under Obama is going to frown upon this -- there are a few cases of employers being dragged to court for "gender discrimination" for practices such as this. I dont agree with it -- but it is what it is.
I understand that although I'm not sure how it would be gender discrimination when it applies to both men and women joining. The job is full time, take it or leave it.
What is their solution then for someone who works part time but does not get a rebate on their malpractice insurance (ie, there is no provision for part time malpractice coverage), health and disability insurance, license fees, hospital dues, etc and other overhead which is not contingent on number of hours worked?
I know we have some contingencies in our operating agreement in regards to a partner who wants to go part time before retiring or needs to in terms of health, but that is different than bringing in a new person. I am not really aware of any surgical practices which offer part time work, without expecting full time overhead.