5 Steps for Anesthesia Practices Preparing to Sell

Howard Greenfield, MD, principal of management and consulting firm Enhance Healthcare, explained five steps anesthesia practices should take when preparing to sell at the 2012 American Society of Anesthesiologists Conference on Practice Management.

In the presentation (pdf) titled "You Are a 15-Person Group. Time For Change: What Are You Going To Do?" Dr. Greenfield recommended the following steps:

1. Decide when to tell administrative staff.
2. Decide whether an outsourced billing company can or will help.
3. Prepare audited financial statements.
4. Conduct a thorough review and evaluation of the present staffing model.
5. Hold frequent meetings with stakeholders to keep everyone informed.

The conference was held Jan. 27 to Jan. 29 in Orlando, Fla.

More Articles on Enhance Healthcare:

How Anesthesia Staffing Can Affect OR Utilization
F-O-C-U-S: 5 Key Factors of Anesthesia Success

A Case for Anesthesia Leadership in the OR: 3 Points

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