HSG’s network assessment will significantly improve your understanding of network performance. Our financial benchmarking will give you insights into the root causes of losses. Our analytic approach will guide your efforts to reduce subsidies by targeting specific actions. Our qualitative assessment, with HSG’s Physician Network Evaluation Survey, will help you understand how members of your team perceive the performance/challenges and help drive consensus.
For more information on physician network performance improvement, call Travis Ansel at (502) 814-1182.
RELATED THOUGHT LEADERSHIP
Getting Paid For Virtual Patient Visit Interactions
On March 17th, CMS announced that it would expand reimbursement for telehealth interactions involving Medicare beneficiaries during the COVID-19 pandemic to offset revenue losses.
Cutting Losses – HSG Featured in MGMA’s Connection Magazine
HSG’s David Miller and Travis Ansel were published in a feature article in the January 2020 issue of MGMA Connection Magazine.
Reducing Network Losses & Creating Financial Sustainability
As employed physician networks grow, the concern about financial performance moves to the forefront, with the losses becoming an increasingly visible drag on the system’s overall profitability.
TESTIMONIALS
“We reached out to HSG Advisors for an assessment of our employed physicians network that was tailored to our specific needs. I particularly appreciated their flexibility in adapting their models to fit our objectives. The end result was a comprehensive look at our employed physicians group that was completed in an efficient and timely manner. The final assessment looked at compensation and operational performance in a format that facilitated a strategic discussion with the hospital board.”
Jeff Samz – Chief Operating Officer of Huntsville Hospital
“Our Medical Group engaged HSG to conduct an Assessment of the group’s performance along several metrics, including productivity, productivity relative to compensation, specialty mix, utilization of APPs, and revenue cycle. The purpose was to provide a performance baseline benchmarked to industry data to inform the development of operational and strategic goals and objectives.”
Brad Rauh – St. Vincent Charity Medical Group President of St. Vincent Charity Medical Center
“HSG completed an assessment of our anesthesia staffing, our group’s revenue cycle function and operations, as well as other factors affecting our anesthesia subsidy. HSG listened to our specific needs, they talked to our anesthesiologists, CRNAs, and OR leadership, and came to understand our culture, our specific challenges, and our unique needs. They validated what we were doing in some areas and made impactful recommendations for our health system and our relationship with anesthesia going forward. HSG did an exceptional job for us.”
Jeremy Biggs – President and Chief Adminstration Officer of Methodist Medical Center of Oak Ridge
“HSG conducted an operational assessment for Bryan Heart, our 25-member integrated cardiology, cardio/thoracic surgery, and vascular surgery practice. Our engagement was unique from the inquiry about the project through the presentation of the findings. Bryan Health is a very physician-centric organization with a strong focus on physician governance. As such, we have many hoops for our strategic partners to jump through to ensure our relationships with physicians are maintained and enriched through each encounter. HSG was extremely responsive to our unique requirements and preferred approaches.”
Carol Friesen – Vice President, Health System Services of Bryan Health
“We selected HSG to provide strategic and operational assessments of our small but growing practice network. Both the on-site work and subsequent written reports were thorough and replete with well-vetted, actionable recommendations for performance improvement.”
CFO of University of North Carolina (UNC) Health Care
