Your Employment Budget is too Precious to Waste on the Wrong People

Your Employment Budget is too Precious to Waste on the Wrong People

As every one of my clients has heard at one time or another, I plan on writing a book some day, and it’s going to have a chapter entitled “management spends 95% of its time on the 5% of its employees that provide the least value.”   I will certainly need a more pithy chapter title at some point, but be patient with me for now.   Some time into our discussions, people eventually nod their heads and say “yes, that’s true,” and then often launch into a conversation about the number of times that has happened to them.  Unbeknownst to them (but beknownst to us!) we are now adding on to the time we’ve wasted on those same people, well after they are gone.   The corollary to the chapter title is an exercise in simple math, which breaks down to: “we spend almost no time on our best people.”

I could just stop there.

But I won’t.

More than 7 Million Enrolled, But Who Will Provide Their Care?

More than 7 Million Enrolled, But Who Will Provide Their Care?

More Than 7 Million Sign Up for Health Coverage, the headlines boast.

However, just as millions of Americans are obtaining insurance coverage through the federal health law, many primary care doctors are retiring early, converting their practices to concierge or joining large healthcare and hospital groups. The primary care physician, also known as a “provider,” may be headed toward extinction. 

The Importance of a Gift Acceptance Policy for an FQHC - Part 1 (Scope and Purpose)

The Importance of a Gift Acceptance Policy for an FQHC - Part 1 (Scope and Purpose)

FQHC Associates is often asked about the role private philanthropy can play in the Federally Qualified Health Center (FQHC) arena.  Traditionally, FQHCs have two main sources of revenue: federal grants and patient service fee revenue.  Although many FQHCs maintain fundraising as a revenue stream, they can be hesitant to pursue larger estate gifts, restricted gifts or gifts of complex assets.  These charitable gifts, whether current or planned (e.g. a gift from the donor’s estate) can further diversify a center’s revenue stream.  However, if the FQHC is not careful, that surprise gift that looks like a “game changer” can also be a hindrance to the organization’s mission.  That is why a strong gift acceptance policy is crucial.