Organizational Development

Physician Leadership Development

Through attrition, election, or sometimes against your will, you have found yourself as the official or unofficial leader of your practice.  Physician leaders come in many different forms ranging from a figurehead position elected annually to one where the survival of the practice rests on their shoulders on a daily basis.  InnoMed intimately understands that strong physician leadership is critical to any organization, especially physicians in private practice. The success or failure of physician leadership in many cases mirrors the success or failure of the organization, especially when physicians are not given the proper tools to succeed. InnoMed has assisted numerous physicians and their organizations on both a case by case and ongoing basis, providing the support they need to not only survive their leadership tenure, but thrive in the oftentimes thankless role that is physician leadership. Learn more about how we can help you. Reach out to InnoMed Management Group based in Lincoln, Nebraska today for your no obligation consult. 

Leadership Analysis

Many physicians reach out to InnoMed when they are experiencing challenges within the practice, whether that be management, financial, operational or a combination of all of the above. It is not at all uncommon that challenges result in friction between management and the physicians which builds distrust between both parties.  InnoMed’s Leadership Analysis affords organizations the opportunity to have its organizational and managerial leadership assessed from an outsider’s point of view with no political strings attached. InnoMed analyzes where the organization is, where it wants to be, and provides concrete recommendations on how to get there from an executive-level perspective. Reach out to InnoMed Management Group based in Lincoln, Nebraska today for your no obligation consult.  

Organizational Analysis & Development

At InnoMed we believe that conducting an Organizational Analysis opens the door to show you better ways of doing things. 

Physicians often tend to identify underperforming staff, or lack of resources as the problem, but in many cases it is the way the organization is fundamentally structured—the very foundation of the physician practice—that causes poor leadership and staff performance. Underperforming staff is in many cases a symptom of an underlying problem, not the problem itself. Conducting an Organizational Analysis will identify problem areas that are inherent in your organizational structure. An improved organizational structure often fosters process improvement and increased satisfaction among both providers and staff.  

Q:  When is the best time to conduct an organizational analysis for my organization?

A:  When your organization experiences:

• Friction between physicians, management, and staff

• Physician partnership/ownership challenges

• Senior Partners transition out and new physicians joining practice

• Clinical/practice style conflicts between colleagues and/or management and providers

• Provider, management, or staff turnover issues

• External market challenges

• Growth/scale challenges

• When you are tired of hearing “because we have always done it this way”

 Understanding your organization’s strengths, weaknesses, opportunities, and threats from both an internal and external perspective is also necessary to ensure long-term viability and growth of your practice. Working with many of our clients our InnoMed professionals find this is a step in the process that gets overlooked when trying to identify issues that may be impacting an organization, which is why it is part of every analysis. Through a comprehensive Organizational Analysis, InnoMed’s experts help physician practices zero in on key areas, and also uncover areas of concern that may not be on your radar. 

The analysis also takes a look at the organization from a day-to-day operations perspective and makes recommendations for improvement based on the current needs and organizational culture of the practice.  This includes identifying the responsibilities of current management and physician leadership teams and compares them to the responsibilities of similar-size practices.

The results from the Organizational Analysis provide the roadmap to help physician practices evaluate their performance and develop actionable goals for long-term growth and success. 

Our experienced professionals at InnoMed offer Practice Management Leadership and Consulting services that can help you grow your practice and have a life. Contact InnoMed Management Group, centrally located in Lincoln, Nebraska.

Succession Planning

Like many owners in other sectors, owners of physician and dental practices do not think about succession planning until it is too late, causing needless sleepless nights and heartache. While InnoMed typically recommends the owner start formulating a succession plan five years prior to when they would like to retire and/or sell, we realize that many internal and external factors could cause this window of time to shrink. If you find yourself in this situation and would like a consult based on your current situation, contact InnoMed Management Group today.

Acquisitions & Mergers

From time to time, InnoMed clients come across opportunities that look good at first glance and just need a sideline consult, not a full scale analysis. InnoMed has conducted many such consults covering many various opportunities over the years.  Sometimes while not initially attractive, upon closer review the opportunity was a diamond in the rough.  Other times, opportunities that initially were felt to be a no-brainer because of a cultural fit or synergies, but further review uncovered the finance piece made no sense at all to pursue. InnoMed’s team has the expertise and knowledge to tell the difference between genuine opportunity and what could merely be a fishing expedition. If you come across an opportunity and would like a second opinion, reach out to InnoMed Management Group in Nebraska.