What options are available for physicians who want to relocate to HMA hospital communities?
There are basically two distinct models that HMA hospitals use to relocate physicians to their communities; recruitment to private practice is, by far, the more popular and widely used of method of recruitment. Under this model, the local HMA hospital may provide a recruited physician with financial assistance, for a limited period of time, to help the recruited physician establish and maintain a private medical practice. One common form of financial assistance is a “cash Collections guarantee”, whereby each month, usually for about 12 months, the HMA hospital pays the recruited physician the difference between the monthly guarantee amount (an amount agreed to in advance by the hospital and recruited physician, based upon many factors such as the community’s need for the recruited physician’s specialty, the recruited physician’s experience, and the average earnings for similarly situated physicians according to independent surveys) and the amount of revenue that the recruited physician
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