Becker's Healthcare November 12, 2024
Patsy Newitt

With autonomy top of mind for many practices, some groups are leaning on different models of ownership to reach economies of scale while keeping physicians in leadership positions.

Nolan Lubarski, CEO of the Center for Neurosciences, Orthopaedics, & Spine, a physician-owned multispecialty practice in Dakota Dunes, S.D., joined Becker’s to discuss his teams’ ownership model.

At CNOS, Mr. Lubarski explained, physician shareholders elect owners within the group to make up the board of directors. There are currently 10 board positions, all held by owners or employees of the group.

“In terms of management, I and the executive team report to all of the physician owners — not just the board president or a few individuals,” Mr. Lubarski...

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