Our mission is to partner with leaders to build high-performing medical practices that are in the best position to serve their communities for many years to come.
Every medical practice faces its own operational, financial, and cultural challenges: patient scheduling, medical documentation, coding and billing, support staff availability, limited space, ever-rising expenses, team dynamics, and provider satisfaction, just to name just a few.
Any real solution to these challenges typically requires close coordination between physicians and practice administrators. But they’re rarely on the same page. They’re all trying their best to provide great clinical care and a great experience to patients in a financially sustainable way, but they haven’t sat down to figure out exactly what that means in practice. Naturally, they all understand and approach each challenge in a different way.
In decades of working with hospital- and physician-owned medical practices across the United States, we’ve never come across a provider compensation plan, software package, or other quick fix that can put out the fires in our practices all by itself. At best, these so-called solutions reduce the fire to smoldering embers that could flare up again in the future. At worst, they could be the fuel that turns the fire into an inferno.
Given the large and growing gap between the demand for healthcare services and the supply of physicians, declining reimbursement, and rising expenses, it’s never been more important for practices to find lasting solutions. That’s why we started The Best Practice.
We help medical practice leaders find and take the right steps to overcome the unique challenges they face. Our tailored, practical action plans balance the highest level of impact with the lowest level of disruption. And our services—consulting, coaching, and workshops—are structured to make the best use of everyone’s precious time, energy, money, and resources.
If you’re ready to address your practice’s challenges for good, let’s talk.
Schedule a Practice Strategy SessionThe Best Practice Team
Stu Schaff, FACMPE, FHFMA, Founder & Lead Advisor
Stu Schaff is an executive advisor, speaker, and expert in physician compensation and medical practice leadership. For nearly two decades, he has partnered with leaders from over 100 medical groups across the United States to address challenges around physician performance, recruitment, retention, and dissatisfaction with existing compensation plans.
Stu is a Fellow of the American College of Medical Practice Executives and a Fellow of the Healthcare Financial Management Association. He has been invited to speak to thousands of healthcare leaders at over 30 events hosted by the Medical Group Management Association (MGMA), the Healthcare Financial Management Association (HFMA), and other influential groups. Stu’s insights have also been featured in multiple podcasts and in widely read publications like hfm and Becker’s Hospital Review.
As a trusted advisor, Stu helps medical group leaders design and implement optimally aligned physician compensation strategies that improve patient access, strengthen practice financials, and enhance their ability to recruit, retain, and engage physicians, putting them in the best position to improve the health of their communities.
Stu lives in the suburbs of Chicago with his wife and son. He enjoys cooking for his family, exploring a new place, sipping on a hot cup of coffee, being around or on a large body of water, having a deep conversation with an interesting person, listening to music with a good beat, and going for a long run on a beautiful September day.
Lauren Schaff, Marketing Strategist
Stephanie Li, Research Assistant