Late Night With Chip & Paulie 6 (March 31, 2022)

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Late Night With Chip & Paulie 6 (March 31, 2022)

Dr. Una emphasizes the importance of incorporating entrepreneurial business skills for physicians to thrive, urging practitioners to adapt and embrace a mindset of continuous learning. The conversation expands into the specifics of strategic planning, stressing the need for both data analysis and establishing clear, actionable goals to guide a practice efficiently into the future while addressing potential market opportunities and internal strengths.

Guest: Dr. Una

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Summary:

1. **Thoughts on Team Dynamics**: Emphasis on the importance of respect, trust, and care within a team, and the particular role of physicians in setting examples.

2. **Strategic Planning**: Main agenda includes strategic planning, which involves analyzing personal and business goals, market conditions, and practice capabilities.

3. **Tools and Processes**: Introduction to tools like SWOT analysis for internal scanning and competitive strategy development.

4. **Reports and Surveys**: Importance of gathering detailed reports and market analysis for informed decision-making.

5. **Commitment to Communication**: Stress on continuous communication between practice partners and the significance of strategic planning for ensuring the success and sustainability of the practice.

 

Picture of Paul Vanchiere, MBA

Paul Vanchiere, MBA

For over 15 years, Paul has dedicated himself exclusively to addressing the financial management, strategic planning, and succession planning needs of pediatric practices. His background includes working for a physician-owned health network and participating in physician practice acquisitions for Texas's largest not-for-profit hospital network, giving him a distinctive insight into the healthcare sector. Paul is adept at conducting comprehensive financial analysis, physician compensation issues, and managed care contract negotiations. He established the Pediatric Management Institute to offer a wide range of services tailored to pediatric practices of all sizes and stages of development, with a focus on financial and operational challenges. Additionally, Paul is actively involved in advocacy efforts to ensure healthcare access and educational opportunities for children with special needs.

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