Episode 102 - Strategies and Tactics for a Successful Associate-Practice Owner Relationship, Part 2

Strategies and Tactics for a Successful Associate-Practice Owner Relationship Part 2 with Dr. Lisa Goodman

In this second part of our two-part series with Dr. Lisa Goodman, we shift gears to explore the associate-practice owner relationship through the lens of leadership, compensation, and long-term strategy. Whether you're a seasoned provider looking to bring on your first associate or a new graduate wondering how to negotiate your first contract, this episode is full of actionable insights to help you build a successful—and sustainable—career in healthcare. Dr. Goodman unpacks the key elements that make an associateship work, how to structure compensation fairly, and what both owners and employees need to know about setting clear expectations from day one.

What You’ll Learn in This Episode:

• How to structure compensation models that are fair, scalable, and attractive

• Strategies for negotiating salary and understanding earnings expectations

• Red flags to look for in associate agreements (and how to avoid them)

• Tips for practice owners on setting expectations and fostering retention

• What new grads need to consider before accepting an offer or going solo

🎧 Listen to Part 1 here💻

Register for our April Masterclass Hemp in Healthcare here 💬

Have you ever worked as an associate or independent contractor and had a truly awful experience? Or… are you a practice owner with a hiring horror story? A new hire who turned into a total disaster? We’re collecting anonymous stories for an upcoming podcast episode. Drop yours here: https://tinyurl.com/FAKTR-ep101-horror

Resources & Links

• Learn more about FAKTR products and courses here