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Unleashing the Value of Your Physician Network
Many health systems continue to struggle with their investment in physician practices. Millions of dollars in investments have brought some positive results — stabilized volumes and health system control, of sorts, over their physician complement. But the groups are slow to evolve to meet the challenges of value-based care, present significant management challenges, and are…
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Managing Your Physician Network: Should Outsourcing be an Option?
Before you answer this question, consider the following: A high-performing physician network is a strategic asset that must lead the way for clinical integration. If your group fails to meet its potential, your hospital risks becoming a second-tier player. CMS payment schemes: bundled payments, PCMH’s MIPS, and ACOs will require drastic changes in the way patient…
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Should You Outsource the Management of Your Physician Network?
Outsourcing is nothing new in the healthcare industry. It’s a tried and true method to reduce costs and improve service delivery and outcomes. Hiring outside management for food service, security, ED and anesthesia staffing, IT, payroll, housekeeping, revenue cycle — even whole hospitals – is commonplace. What’s Driving Physician Network Management Outsourcing What IS fairly…
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Interview with Dr. Donald John Stoner, CMO at Halifax Health
In October 2014, Halifax Health officially engaged Healthcare Strategy Group to manage its physician network. In this interview with HSG, Chief Medical Officer Donald John Stoner, M.D. talks about the reasons why Halifax decided to outsource the management of their physician network. Like many U.S. hospitals, Halifax Health was no a stranger to employing physicians…
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Measuring Progress Toward Clinical Integration: Where Does Your Physician Network Fall on the Life Cycle Bell Curve?
Physician network development progresses on a life cycle bell curve. Knowing where you are on that curve is crucial to your progress toward becoming a clinically integrated system. We generally see six stages of development. On the undeveloped side of the curve are the Novices. At the other end are the Mature groups — groups…
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Setting Up a Physician Advisory Council
As essential components of employed physician networks, Physician Advisory Councils enhance organizational performance by promoting: Active physician involvement, Effective two-way communication, and Physician leadership development for the network. Council Composition Ideal Physician Advisory Council membership composition varies according to the employed physician network’s size and complexity. Provider membership should be relatively inclusive to: Achieve the…
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Webinar: Physician Leadership: A Critical Resource for Success
For hospitals and health systems, physician leadership is critical to success. It drives positive outcomes at every level — from the frontline delivery of patient care to board-level strategic planning. This 60-minute webinar will help hospital and health system senior leadership and physician executives: Understand the crucial roles and functions of physician leaders at every level…
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Is Your Infrastructure Contributing to Your Physician Network Losses?
Many hospitals and health systems started employing physicians under the premise that if they could run a successful hospital, how hard could it be to run a few practices? What most didn’t anticipate, however, was the growth in physician employment. A few doctors is one thing, a few hundred is another. Many physician networks have…
