What Is The Best Practice and Who Is It For?

Updated

The Best Practice is a consulting and advisory service for leaders of medical practices. It helps practice leaders strengthen their organizations through clear, action-oriented strategies and sustainable physician compensation plans. It is aimed primarily at practices where friction between physicians and administrators is slowing progress, frustrating teams, or undermining financial performance.

What The Best Practice Does

The firm positions itself around a specific problem: as the business of medicine grows more complex, physicians and administrators increasingly work in different worlds—with different priorities, pressures, and communication styles. Even when both sides share the goal of providing great care, those differences create drag.

The Best Practice addresses this through:

  • Advisory services for practice leadership
  • Executive coaching
  • Physician compensation plan design built on a broader operational and cultural foundation

A central idea in their approach is that no compensation model, however sophisticated, can fix deeper operational, financial, or cultural problems on its own. Instead, it must rest on explicit expectations, sufficient resources, and strong leadership.

The Best Practice Pact

The Best Practice Pact is the firm's framework for balancing what a practice asks of its physicians against what it gives them in return. It is designed to convert vague, unspoken expectations into clear, mutual agreements so that physicians and leadership move in the same direction.

Who It's For

The Best Practice works with medical practice leaders—the people responsible for both clinical and financial results. According to the site, its advisors have partnered with leaders from over 100 medical practices across the United States over the last two decades.

You may be a fit if your practice is experiencing:

  • Difficulty recruiting and retaining high-quality physicians
  • Physician compensation models that miss the mark
  • Pressure to deliver clinical and financial results that feel out of reach
  • Untapped potential within the clinical team
  • Resistance to changes everyone knows are necessary
  • Exhaustion from balancing competing priorities

What to Expect

The stated goal is not a complete overhaul. The approach is to reinforce what's working and discard what isn't, leading physicians with the same clarity, fairness, and accountability used with the rest of the team.

The entry point offered on the site is a Practice Strategy Session, which serves as the first conversation for practices considering advisory or coaching support.

If you lead a medical practice and recognize the physician–administrator friction described above, The Best Practice is designed for exactly that situation. If your practice is small, stable, and without leadership or compensation conflicts, the fit is likely weaker.