2021 Senior Fellows (2nd & 3rd Year) Program | August 2021-Independent GI Practice

Video Transcription

Video Summary

Dr. Joseph Vacari spoke at a conference about the different practice models in gastroenterology, specifically focusing on private practice and independent practice. He emphasized the importance of finding a practice model that aligns with one's values and provides a good work-life balance. He discussed various factors to consider when choosing a practice, including ownership structure, leadership, culture, patient demographics, call schedules, and compensation philosophy. Dr. Vacari also mentioned the growing trend of private equity taking over private practices and expressed his concerns about the loss of autonomy in these situations. He advised fellows to ask questions about financials, benefits, and ancillary income when interviewing with a practice. He concluded by urging fellows to prioritize personal and professional happiness in their career choices. No specific book recommendations were mentioned, but Dr. Vacari suggested doing literature searches on contracts, negotiations, and interview strategies. He also highlighted the importance of continuing medical education and work-life balance in a successful gastroenterology practice.

Keywords

gastroenterology practice models

work-life balance

patient demographics

compensation philosophy

private equity in healthcare

interviewing with a practice

continuing medical education