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Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE SOUTHWIND, A Division of The Advisory Board Company Norma J. Plante, FACMPE, FACHE Scripps Health Peter Rabinowitz P.A.R. Associates Lucien W. Roberts, MHA, FACMPE Adjunct Faculty, Virginia Commonwealth University Department of Health Administration 1

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Page 1: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Launching Your Career in Medical Practice Management: Essentials for Students

MGMA13 Annual Conference

Breakout Sessions G7-H8

• Ann C. McFarland, FACMPE SOUTHWIND, A Division of The Advisory Board Company

• Norma J. Plante, FACMPE, FACHE Scripps Health

• Peter Rabinowitz P.A.R. Associates

• Lucien W. Roberts, MHA, FACMPE Adjunct Faculty, Virginia Commonwealth University Department of Health Administration

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Page 2: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Learning Objectives The profession of medical practice management

offers diverse career options – a range of choices that can seem daunting to those new to the field. This session will prepare and launch the new professional by: ▫ Providing insights into how administrative

residencies and internships can create job opportunities

▫ How mentoring can leverage your career development

▫ Exploring various practice settings, and assessing your individual management style and focus suitable to those settings

▫ Examining key elements in interviewing for offers

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Page 3: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Agenda

Explore: Residencies & Internships Lucien W. Roberts, FACMPE

Prepare: Mentoring Norma J. Plante, FACMPE

Assess: Understand Thy Style Ann C. McFarland, FACMPE

Launch: Interviewing for Offers Peter A. Rabinowitz

Q&A

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Page 4: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Residencies & Internships

Lucien W. Roberts, III, MHA, FACMPEVCU Department of Health Administration Faculty and

MGMA-ACMPE Student Chapter Advisor

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Page 5: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Learning Objective

▫To provide insights into how administrative residencies and internships can create job opportunities

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Page 6: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Residencies & Internships are…

a) A chance to test and apply your coursework

b) An opportunity to meet potential mentors

c) A time for self-study: knowing what to look for makes it easier to find

d) An extended job audition

e) All of the above

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Page 7: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Residency/Job Correlation

Virginia Commonwealth University Department of Health Administration:

More than 80% of recent MHA residents obtained a position within the organization* where they completed residencies

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Page 8: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Internship Insights

•An unpaid internship in an area of interest is a better career investment than many paid internships▫Let your career, not short-term $, be your

compass

•Internships is plural▫Explore career options▫Expand your network

•If an internship does not exist, create it

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Page 9: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Health System Residencies

• Visit Multiple Medical Practices▫Spend time with more than just doctors

▫Learn the workflows: patients, clinical data, $$

▫Study differences in culture, governance, patient care

▫Get demos of PM/EHR

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Page 10: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Health System Residencies

• Medical Practices Acquisitions▫Study what has worked/not worked with

prior acquisitions Be the student - ask the ‘acquired’ for their insights Review the finances, pre- and post-acquisition Identify cultural fits and misfits Identify key transition success and failure metrics

▫Add value to current/future acquisitions

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Page 11: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

One Student’s Sage Advice

•Take time to go through files▫Knowing where/how to find information is big

Most files cannot be found by Googling!

▫You will add value more quickly A positive personal ROI creates job opportunities

•Deliver on EVERY assignment from day one

•Nurture mentor relationships▫Thank them▫Share that you are benefiting from their

guidance

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Page 12: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

The LoopRelations

hips

Job Opportunities

JobsExperiences

Networking

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Page 13: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Mentoring

Norma J. Plante, MHSA, FACMPE, FACHEScripps Health

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Page 14: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Learning Objective

▫How mentoring can leverage your career development

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Page 15: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Mentoring

•What is mentoring?•Why is it important?•Benefits to mentor/mentee•Mentor/mentee relationships•Mentor selection•Resources

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Page 16: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

What is Mentoring?

•Relationship between individual with advanced knowledge/experience and less experienced person for purpose of professional development and advancing career

•Advice, Counseling, Guidance, Training and Encouragement

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Page 17: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Why is Mentoring Important?•Greater career satisfaction, recognition,

career commitment and career mobility/opportunity

•More positive job attitudes than non mentored individuals

•Up close and personal interaction with senior personnel

•One on one feedback, other than annual evaluation by manager

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Page 18: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

What is Motivation/Benefit to Mentor?•Giving back/making contribution to future

generation•Knowledge transfer both ways/new

technical knowledge •Networking•Mentee may be good choice for job

openings•Desire to see mentee succeed

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Page 19: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

What is Motivation/Benefit to Mentor?

•Increased leadership/mentoring skills

•Professional recognition/prestige

•Personally benefitted from mentoring

•Fresh enthusiasm for their own career

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Page 20: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Where to Find a Mentor

•MGMA•Alumni Association•LinkedIn•Networking•Referrals•Employer

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Page 21: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Selecting Your Mentor

•Experienced/track record•Compatible/chemistry•Accessible/responsive•Considerate/diplomatic•Supportive/respectful•Baby boomers•Inspirational

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Page 22: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Mentor/Mentee Relationships•Donald Trump/apprentice style•Short/long term•Long distance/local•Occasional/frequent•Clone/younger version of themselves•Formal/informal•Internal/external

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Page 23: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Developing Good Mentor/Mentee Relationships

•Use mentors wisely•Say thanks and acknowledge them•Show respect•Ask for suggestions/advice•Keep commitments•Keep confidence•Listen•Build trust•Develop goals

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Page 24: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Resources• Hudson, D. ( 2010, April 10) Find a Mentor – Be a

Mentor. (ACMPE paper, Medical Group Management Association.)

• Phillips-Jones, L. (2003) The Mentee’s Guide: How to Have a Successful Relationship with a Mentor. CCC/The Mentoring Group, Grass Valley, CA.

• DeRosier, A. (2003) Mentoring and its Value to the Health Care Administrator. (ACMPE paper, Medical Group Management Association.)

• Schrum, Bill, (2009, September) Mentors are Not Fads. MGMA Connexion.

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Page 25: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Understand Thy StyleAnn C. McFarland, FACMPE

SOUTHWIND, A Division of the Advisory Board Company

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Page 26: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Learning Objective

▫Explore various practice settings, and assess your individual management style and focus suitable to those settings

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Page 27: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Exploring the Possibilities…• Multi-Specialty Group Practice• Single Specialty Solo or Group Practice• Academic Faculty Practice• Hospital/Health System Physician Affiliated Practices

▫ Physician Affiliated Model—non employment (MSO, ACO, PHO)

▫ Physician Enterprise Model—Physician Led; Professionally Managed group practice governance model

▫ Hospital Based Employment Model• Management Consulting Group• Managed Care Organization (IPA, ACO, Health Plan)

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Page 28: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Know Thy Self---The Fitness Test

Understand Management FOCUS and STYLE and recognize your own

▪ Is Your Management FOCUS▪Strategic or Operational/Process?

▪ Is Your Management STYLE▪ Interventionist or Maintainer?

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Page 29: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Big Picture Thinker

Embraces Change

Innovative

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FOCUS: STRATEGIC STYLE: INTERVENTIONIST

Page 30: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

FOCUS: STRATEGIC STYLE: MAINTAINER

Team Builder and Developer

Organizational Stability

Detailed and Focused

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Page 31: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

FOCUS: OPERATIONAL/PROCESS STYLE: INTERVENTIONIST

Directive

Continuous PI Agent

Perfectionist

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Page 32: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

FOCUS: OPERATIONAL/PROCESSSTYLE: MAINTAINER

Maintains Status Quo

Develops from Within

Consensus Builder

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Page 33: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Understand Physician Leadership Style

Committee Rule

Dominator Rule

Board Rule

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Page 34: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Exploring the Possibilities…

What Can You Do?

▫Gain Experience▫Understand performance risk▫Match expectations to market reality▫Understand how style affects success

and satisfaction

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Page 35: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Interviewing for Offers Peter A. Rabinowitz

P•A•R• Associates Inc.

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Page 36: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Objective

•Develop effective interviewing skills and techniques that will lead to an offer

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Page 37: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Background Tools and Techniques

Resumes▫What are they, what are they not?

▫Tips on writing resumes▫What makes a good one/bad one?

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Page 38: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Job Hunting is About Selling Yourself•How to improve your selling skills•Specific techniques

▫Burn with a clear blue flame▫Live outside the land of “not”▫Learn to manage the “conflict of

rights”▫Present yourself in terms of ROI

•Dealing with rejection

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Page 39: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Preparing for Interviews

•Researching the company•Researching the interviewer(s)•What about my references…how do I

use them and when?•Practice listening and interviewing

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Page 40: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

The Interview and How to Make it Work for You

• Introductions….we’ve just met, now what?• Discussion of work experience in terms of

P/A/R = Problems/Actions/Results• Tough questions ahead:

▫ What kinds of questions might you expect from Human Resources?

▫ What questions might you expect from the hiring manager?

▫ What questions might you have for either or both of them?

▫ How do I deal with “what are your strengths/weaknesses?”

▫ Specific interviewing tips.

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Page 41: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Post-Interview To-Do’s

•Thank you letters•Improving the impression you left

•Post interview critical analysis

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Page 42: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Summary

•Residencies & Internships▫Loop long and prosper▫Don’t drop balls▫If you want to work in medical practice

management, spend time in medical practices

▫Internships and residencies are extended job auditions

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Page 43: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Summary

•Networking…▫Medical practice management is a

profession that cannot be done well from a void

▫A great vehicle for education, experience, exposure, and job opportunities

▫The best fringe benefit of being a practice administrator

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Page 44: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Summary

•Mentoring….Why it is important to your career development▫Provides greater satisfaction,

recognition, career commitment and career mobility/opportunity

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Page 45: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Summary

•Interviewing for Offers…▫Burn with a clear blue flame▫Act “as if”▫Strive to preserve choices▫Live outside the Land of “Not”▫Focus on P/A/R:

Problems/Actions/Results▫Remember: Short answers are

STRONG; long answers are WEAK

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Page 46: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

APPENDIX

•Good Luck – Bad Luck•Interviewing is Selling Yourself•Questions from Hiring Managers•Questions to Hiring Managers•Questions from Human Resources and

Recruiters•Post-Interview Analysis•Interviewing for Offers Bibliography

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Page 47: Launching Your Career in Medical Practice Management: Essentials for Students MGMA13 Annual Conference Breakout Sessions G7-H8 Ann C. McFarland, FACMPE

Contact InformationAnn C. McFarland, FACMPEDirector, Executive Interim ManagementSouthwind, A Division of the Advisory Board [email protected]

Norma J. Plante, FACMPE, FACHESr. Administrative DirectorScripps [email protected]

Peter RabinowitzPresidentP•A•R• Associates [email protected]

Lucien W. Roberts, III, FACMPEAdjunct FacultyVirginia Commonwealth University Department of Health [email protected]

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