As hospitals employ physicians or acquire practices, management of the new entity is frequently a challenge. The issues in a practice differ from the hospital and the scale of the operations is much smaller. That means that mistakes are magnified, quickly showing up on the practice bottom line. The result is often an underperforming practice. […]
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 and non-physician provider (NPP)-to-physician ratios realized greater net revenues and higher provider productivity. An article1 about the 2017 MGMA DataDive Cost and Revenue Survey highlights […]
Health systems have struggled to manage and develop their physician networks. Part of the problem has been inexperience and limited availability of management talent. Another key part has been the rapid growth of these networks. And getting these networks focused on strategic priorities has been no small task. HSG has a system to guide this […]
Is a check-up in order? With reimbursement tightening and demands on limited practice resources increasing, it is critical that your employed network operates as efficiently as possible. Routine monitoring will keep you apprised and illuminate the steps you need to take to improve operations, stem losses, and keep localized issues from becoming systemic problems. On […]
HSG’s focus on physician network management has given us real insights into the operational and management challenges faced by hospitals. Those challenges vary, depending on which Growth Phase your network is in. Many of our clients are in Growth or Operational Chaos modes, when common performance issues and their causes include: Performance Issue Drivers/Cause Physicians Don’t […]