Pay partners for taking on extra duties

Aside from your top physician leader, the increasing complexity of medical practice creates the need for physicians in all size groups to kick in with various aspects of running the practice. From sitting in on an executive committee to heading an important group committee to a major short-term job like selecting a new computer system, one of your own should receive extra pay for doing extra duties.

Often, for small and mid-sized groups, these extra jobs come as part of the partnership territory. But increasingly, partners begin paying for some extra duties as groups grow larger and extra duties become more critical.

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Reed Tinsley, CPA for Physicians