American Association for Physician Leadership

The Employed Physician: Your Essential Guide to the Business of Medicine


Giving physicians the business know-how to succeed as an "employed physician"

More and more physicians opt for employed positions, either when starting their careers or transitioning from independent practice to “employee” status, when a practice is sold or merged.

Nationally known healthcare consultant Jeffrey Gorke translates his nearly 30 years of experience into a winning playbook for employed physicians in healthcare practice.

Packed with tips, insights, and action-oriented tools, this guide helps readers rapidly master the language, the players, and the management structures of healthcare practices. Learn how to size up location, culture, compensation, benefits, and be prepared to ask all of the right questions in identifying, seeking, and landing the best job.

Noteworthy Features

  • A comprehensive, step-by-step checklist makes sure you cover every question in the practice-selection process and lets you do revealing side-by-side comparisons of all the practices under consideration.

  • Practical tips and reality checkpoints on what to expect in the healthcare practice setting.

  • Instant financial mastery: Spreadsheets and graphs make it easy for readers to evaluate business and financial data to learn what’s really happening in a practice — and what questions you’ll need to keep asking if you decide to join.

  • Decision points enabling readers to compare/contrast private or employed (hospital-owned) medical practice employment.

  • Value-based care content and how that paradigm shift will have an impact on clinic finances.

  • The dream job can turn out to be the wrong job if the employment contract is not fair. Make sure you are armed with the critical details.

  • Accountants, lawyers, financial advisors. How to find competent professionals.

  • Clear action steps: How to evaluate factors such as a practice’s location or culture and what plusses and minuses to look for in terms of managers, consultants, and business structure.

  • And a Bonus! Illustrative real-life anecdotes from the medical practice trenches.

About Author(s)
Table of Contents
Words of Praise

Jeffrey T. Gorke, has been involved in the craziness of healthcare and healthcare management for 28 years. He is a managing director with Stout ( managing the healthcare service line and providing healthcare management advisory services for clients. Stout is headquartered in Chicago. His experience ranges from Medicare administration to running both large and small, single-specialty, privately held medical group practices to medical society management on a national level. Jeff specializes in turning around employed health systems and revenue cycle process improvement, delivering quantifiable returns on investment (ROI) for his clients.

Jeff holds a Bachelor of Business Administration from Temple University in Philadelphia, with majors in both finance and international business, and a Masters of Business Administration from the University of Richmond in Richmond, Virginia.

For over 45 years.

The American Association for Physician Leadership has helped physicians develop their leadership skills through education, career development, thought leadership and community building.

The American Association for Physician Leadership (AAPL) changed its name from the American College of Physician Executives (ACPE) in 2014. We may have changed our name, but we are the same organization that has been serving physician leaders since 1975.


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AAPL providers leadership development programs designed to retain valuable team members and improve patient outcomes.

American Association for Physician Leadership®

formerly known as the American College of Physician Executives (ACPE)