The in-person interview is an opportunity for both parties to highlight their attributes and assess long-term goals and fit. This is the appropriate time to dive deeper into the details of the practice and share why you are the best physician for the position.
In most interviews, the practice will cover important information, such as:
- Patient volume
- Demonstration of need – why they are hiring
- Call Schedule
- Relationships with hospitals and referring physicians
- How long it takes to be a partner
- What is expected of you to become a partner
- How will you benefit from being a partner
- Do you have to buy-in
- General financial information
Let’s drill down a little more on why the above information is important. Patient volume will give you a general idea on how busy the practice is, if there are enough business to support a new physician and the overall scope of practice covered. Understanding why they are hiring is important. If it is to replace a retiring physician that is good. This means people are staying with the group long-term. If it is because someone is leaving for other reasons you will want to know why. It could be a red flag, but not always. People move for family, spouse jobs, etc. The other reason practices hire is that the growth of patient needs exceeds what the current physicians can handle. Call schedule is obvious but we will share more details later in this article on what to ask and why.
Perception of a practice/physician in the community in terms of reputation as individuals and patient care is often demonstrated by the relationships with hospitals and referring physicians. This is what keeps them busy. Hang your hat on a group with a good reputation. A bad one will automatically attach itself to you.
Financials are always a touchy subject. We will talk more in-depth about that later. It is important to understand how you are paid, how much you are paid and what benefits you have. It is equally important to know the financial health of the practice you join. You will be assuming their debt and/or assets when you become a partner.
Saving the best for last, partnership. It is like a marriage so you want to make sure you are committing to the right people and clearly understand the path to get there and the benefit in doing so.