What does it take to successfully run a private medical practice, especially when your training didn’t cover business fundamentals? In this episode, Attorney Mark Weiss joins the show to break down the legal and operational challenges physicians face when navigating the business side of medicine. From launching and growing an anesthesia group to managing governance and leadership transitions, Mark shares advice tailored to clinicians operating in a business world.
Listen in to hear how to build a strong decision-making structure, why internal delegation matters, and how to avoid the common traps of inefficient meetings and slow-moving subcommittees. Mark also explores the importance of knowing when to bring in external expertise and how good governance can set the stage for a strong exit strategy. You’ll learn the value of aligning group operations with individual career goals and how leadership style can shape both day-to-day decisions and long-term success.
What You’ll Learn In Today’s Episode:
- Why most doctors aren’t trained to run a practice.
- Key business challenges for private medical groups.
- When internal delegation is essential.
- How to fix slow decision-making.
- The role of strong leadership in group success.
- What makes a solid governance structure.
- When to bring in external advisors.
- What job seekers should ask in interviews.
- Why aligning long-term goals matters.
Ideas Worth Sharing:
Resources In Today’s Episode:
- Mark Weiss: Website | LinkedIn | YouTube | Blog | Email
- Download your FREE copy of The Medical Group Governance Matrix and The Impending Death of Hospitals
- APM Success YouTube
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