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Medical Practice/Physician Network Governance and Management Evaluation and Restructuring

Partners is often called upon to analyze and/or restructure an organization's governance and management structures. As a result, this often involves an assessment of the organization's problem-solving and policy development processes as elements of the formal and informal governance structure. Armed with the view that governance is the art of effectiveness (i.e., doing the right action), and management is the science of deficiency (i.e., doing the action write every time), Partners first evaluates the extent of the organization's ability to act of execute decisions.

Typically, this requires a review of the following:

  •  Current strategic business plan

  •  Mission, vision, and values

  •  Business and marketing strategies

  •  Capitalization and financial plan

  •  Governance and decision-making

  •  Articles and bylaws review

  •  Reserved powers for elected board

  •  Committee structure, authority, and options

  •  Physician leadership, training, and development

  •  Management

  •  Succession strategies and plans

  •  Role of physicians

  •  Role of clinic executives and shareholders

  •  Problem-solving versus policy development committees

  •  Operating structure and accountabilities

Role-playing and case studies are often used to educate participants to requisite roles and, occasionally, the process also requires working with the client's legal counsel to restructure their articles of incorporation and bylaws.  However, the goal remains consistent and clear: to more clearly defined the appropriate rules for board members, corporate officers, and administration apply in the decision-making, leadership, and management of the organization.

 

Contact Our Consultants For More Information:
Perry Hanson     952-548-3373  phanson@wipfli.com
Art Saunders     952-548-3372  asaunders@wipfli.com
 

7601 France Avenue South, Suite 400 · Edina, MN 55435
Ph. 952-548-3375    Fax 952-548-3475