I'm in a surgical subspecialty, single specialty PP with one other doc, who is close to 60 and looking to slow down. We have been dividing things equally in terms of overhead, rent at main site and satellite site, assistant salaries, etc. All except for I pay for an additional MA myself since I'm busier.
He is looking to wind down and do less surgery as soon as next year. Once that happens, it's not so easy to call things equal. Have any of you been in this situation and how did you decide to split overhead and bonuses, etc?
Should it be a fraction of how much time is put in at the office such as 0.75x instead of 1.0? He shouldn't have to pay for 50% if everything still? He will do less surgery and refer more surgical cases to me. Should he get a portion of the income from the surgeries? He will be doing a whole lot more clinic time than me. I'm having a hard time figuring out how to divvy up expenses when things are no longer equal.
Would appreciate any and all advice.
He is looking to wind down and do less surgery as soon as next year. Once that happens, it's not so easy to call things equal. Have any of you been in this situation and how did you decide to split overhead and bonuses, etc?
Should it be a fraction of how much time is put in at the office such as 0.75x instead of 1.0? He shouldn't have to pay for 50% if everything still? He will do less surgery and refer more surgical cases to me. Should he get a portion of the income from the surgeries? He will be doing a whole lot more clinic time than me. I'm having a hard time figuring out how to divvy up expenses when things are no longer equal.
Would appreciate any and all advice.
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