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Aligned Compensation: Excerpts from “67 Tips for Developing a High-Performing Physician Network”
Physician compensation is the largest cost in the practice. It must be used to align physician behavior with the actions needed to make the system successful. Controlling that evolution over […]
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HFMA’s Final Report on Rethinking Physician Strategies in a World of Value-Based Care
About the HFMA Report on Value-Focused Physician Strategies In February 2014, Healthcare Strategy Group became the sponsor of Healthcare Financial Management Association’s (HFMA’s) Value Project Phase 3: Rethinking Physician Strategies […]
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Quality: Excerpt from “67 Tips for a High-Performing Physician Network”
Improving care processes and outcomes has never been more important as reimbursement systems and incentives change. Your employed group is the vehicle that can help you drive change throughout your […]
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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 […]
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Defining a Comprehensive and Proactive Physician Strategy
Hospitals and health systems frequently express the same frustrations when discussing their physician strategies: These dynamics create a physician strategy that is reactive and narrow. The upshot: physician deals that […]
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Eight Proven Physician Strategies for Dealing with Soft Volumes
Almost every health system we work with is experiencing soft patient volumes. Our take is this is largely permanent, and a result of a fundamental shift in utilization. Incentives created […]
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Five Physician Comp Tips for Achieving Success Under Value-Based Purchasing
As reimbursement shifts to value, is your physician compensation plan keeping up with the changes? Programs like Value-Based Purchasing, Readmission Penalties, and Hospital Acquired Conditions Penalties are holding hospitals accountable […]