New Talent Rescues Midwest Group
Case Study Summary
This case study is an actual account of a Health Care Executive Search Division client engagement. Name’s have been changed to ensure the healthcare organizations ‘anonymity in today’s highly competitive marketplace.
This Health Care Executive Search Division client was an eight-physician primary care group located in a rural Illinois community. They were an independent practice with close ties to the hospital. Specialty care was being referred to a larger community about 30 minutes away. The medical group practice wanted to build a multi-specialty group of 20 physicians over a 3 to 4 year period. The medical group practice was not doing well financially and was in debt to the extent that a representative from the bank attended the group’s board meetings. A few of the physicians were making below the 25th percentile in physician compensation.