What Advisory Services and Executive Coaching Does The Best Practice Offer?

Updated

The Best Practice offers two named service lines—Advisory Services and Executive Coaching—for leaders of medical practices. Both are built around clear, action-oriented strategies and sustainable physician compensation plans, and the stated starting point for working with the firm is scheduling a Practice Strategy Session. The services are aimed at practice leaders who are dealing with friction between physicians and administrators, recruitment and retention problems, compensation models that miss the mark, and resistance to necessary change.

Who the services are for

The Best Practice works with leaders of medical practices. Its site describes partnering with leaders from more than 100 medical practices across the United States over the last two decades.

The problems it addresses are framed from the leader's point of view:

  • 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 that everyone knows are necessary
  • Exhaustion from balancing competing priorities

If none of these describe your situation, the services are probably not aimed at you.

Advisory Services

Advisory Services is the broader of the two offerings. Based on the site's description, the work centers on:

  • Clear, action-oriented strategies for making the practice stronger
  • Smart, sustainable physician compensation plans
  • The Best Practice Pact, a framework for establishing a healthy balance between what a practice asks of its physicians and what it gives them in return

The Pact matters because of a specific finding the firm reports: practices repeatedly invest in new physician compensation models and are disappointed when real change doesn't follow—or things get worse. The stated reason is that no compensation model, however sophisticated, can fix deeper operational, financial, or cultural issues on its own. It needs a foundation of explicit expectations, sufficient resources, and strong leadership.

The Pact's job is to turn vague, unspoken expectations into clear, mutual agreements so physicians and administrators move in the same direction.

The site also frames the scope conservatively: your practice doesn't need a complete overhaul—you reinforce what's working and discard what isn't.

Executive Coaching

Executive Coaching is listed as a separate service line alongside Advisory Services. The site does not publish a detailed breakdown of session format, cadence, or duration for coaching, so the specifics of how an engagement is structured aren't documented in the available material.

What the site does make clear is the leadership principle behind the work: successful practices lead their physicians the same way they lead the rest of their teams—with clarity, fairness, and accountability. Coaching sits alongside advisory work as a way to develop that leadership capacity in the people running the practice.

How to start

The site's call to action is to schedule a Practice Strategy Session. That is the entry point it names for beginning a conversation about your practice's situation. The site does not publish pricing, engagement length, or contracting details, so those questions are best raised directly in that session.

A quick way to decide

If your main problem is… The relevant offering is…
Compensation model isn't producing the change you expected Advisory Services, including the Best Practice Pact
Physician–administrator friction is slowing progress Advisory Services
You need to build your own leadership capability Executive Coaching
You want a structured way to set mutual expectations with physicians The Best Practice Pact framework

One caveat worth stating plainly: the firm's own position is that a compensation plan alone won't fix operational, financial, or cultural problems. If you're looking for a compensation model to purchase and install, that isn't the offer described here.