GSEP is a practice association owned by physician shareholders.
Physicians are offered partnership after working the equivalent of a little over 1 year of a full time equivalent as measured in hours. Once a physician has worked 2,000 scheduled hours he or she is presented to the GSEP Board of Directors for approval as a shareholder. We have structured the requirements to become a shareholder in this manner because some physicians choose to work more hours per month and are thus rewarded by becoming a shareholder sooner.
GSEP is a democratic group with all major issues decided by discussion among all shareholders and a vote.
Some issues such as those that impact shareholders financially require a two thirds majority to pass. Shareholders meet annually to ratify the slate of officers, evaluate the status of the group and discuss future plans.
Shareholders elect a board of directors to provide the group with oversight, direction and vision.
The GSEP Board of Directors has representation from all sites based on the number of shareholders at each site. The GSEP BOD meets monthly to insure the group maintains its focus on service, people, quality, finance and growth.