Bringing on an associate can be a great thing for practice growth. But it can also become a disaster if you haven’t structured it properly. So, in this episode, Jeff Blumberg dives into the most common associate models and some guidelines for structuring the compensation plans for each.
1:51 – Three common models for utilizing an associate
3:31 – The Traditional Associate Model
5:20 – The Production Doctor Model
15:41 – The Autonomous Operation Model
24:17 – Structuring the compensation package so it works for both the associate doctor and the owner
Associate compensation article - https://www.mgeonline.com/2021/associate-compensation-which-plan-is-right-for-your-practice/
Learn more about MGE - https://www.mgeonline.com