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Two Paths to Greater Practice Revenue and Productivity
Searching for ways to increase practice revenues and productivity? The 2017 MGMA DataDive Cost and Revenue Survey provides some helpful insight. The Survey indicated that practices with higher staffing-to-physician ratios […]
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The Evolving View of Provider Productivity in Employed Networks
For years, productivity has ruled all when it comes to employed provider networks. The straight salary and net income models of the ‘90s and early ‘00s have gone by the […]
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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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Webinar: Accurately Measuring Provider Productivity
Most hospitals and healthcare systems traditionally measure employed provider productivity by comparing physician wRVUs to national survey data. This one-hour webinar explores new and more accurate ways to measure provider productivity. […]
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Three Tips for Measuring Provider Productivity
Measuring and managing productivity is crucial to the sustainability of employed provider networks. However, many hospitals and healthcare systems continue to use outdated methodology overly-focused on physician wRVUs. HSG recently developed […]
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Infrastructure: Excerpts from “67 Tips for Developing a High-Performing Physician Network”
Failure to invest in infrastructure has created more red ink in employed practices than any other single issue. The problems are two-fold: having the right people in the right positions […]
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What Your Doctors Need to Know About: The Impact of Reform on Hospitals’ Bottom Lines
Across the nation, hospital financial performance is weak on average. Rating agencies, such as Moody’s, are citing lower returns and posting a negative outlook for the industry. Why Financial Performance […]
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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 […]
