I’m sometimes asked by academic radiologists, residents, and even private practice colleagues why I believe that a vibrant specialty needs a healthy, independent private practice model. I’ve had quite a while to think about this in various leadership roles, so in the interest of brevity, I’ll focus on three of the reasons that have the greatest implications for personal fulfillment.
Our practices are physician owned and physician led.
Care decisions are made by radiologists and patients; business decisions are made by radiologists and trusted employees—not third-party shareholders.
We don’t take care of patients to make money, we make money to take care of patients.
We do not see a place in health care’s value equation for returns to third-party investors.
We are committed to local medicine–our physicians reside and serve in communities.
We uphold the highest quality standards in radiology and work together to drive them higher.
We share data and collaborate for performance improvement across all practice domains—clinical, operations, business.
We are strategic.
Five private practice radiologists make an open-and-shut case for practice ownership and the future of private practice radiology as they respond to questions submitted by early-career radiologists at Strategic Radiology's recent Virtual Happy Hour: Independence and the Radiologist—Why Own Your Practice.
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