Successful physician consultants always try to compete on quality and not on price.
Physician consultants in the following fields quickly learn that competing on price is counterproductive as there will generally always be another consultant or company willing to do the work for less:
- Affordable Care Act (ACA)
- Biopharmaceutical
- Career Coaching
- Case Management
- Clinical Trials
- Coding
- Disease Management
- Due Diligence
- Informatics
- Long-term Care Facilities
- Medical Devices
- Pharmacovigilance
- Physician Hospital Relations
- Telemedicine
- Workflow Solutions
Competing on price, then, in effect turns the consultant and his work into a commodity.
Conclusion
Successful physician consultants should compete on quality, be paid a premium fee, and produce high-quality work.