Case Study: Avoid Stark Issues via Contract Management

This case study shows how a physician contract management system can help hospitals uncover Stark issues and smooth the contract negotiation process. Background A community hospital in the Northeast was struggling to manage its contractual relationships with employed and independent physicians. Hospital leadership did not have a systematic approach to creating or managing physician deals, […]

Case Study: Avoid Stark Issues through Contract Management

    This case study shows how a physician contract management system can help hospitals uncover Stark issues and smooth the contract negotiation process.   Background A community hospital in the Northeast was struggling to manage its contractual relationships with employed and independent physicians. Hospital leadership did not have a systematic approach to creating or […]

Physician Network Bleeding Cash? Turn It Around in 100 Days

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 […]

Strategy Tips from “67 Tips for a High-Performing Physician Network”

Defining your strategy and creating a common understanding with your physicians is a crucial first step to building a high-performing group. Aligning it so that it supports your organizational strategy is likewise crucial. Tip 1: Align group and organizational strategy. As you start the process, executive and physician leaders should first review the organization’s plan […]

Onboarding New Physicians: The Value of a 100-Day Plan

At HSG, one of our major services is managing and operating hospital employed physician networks. As our management activities have grown, we’ve developed a management tool dubbed our “100-day plan.” This process has forced us to identify and implement key action items essential to establish the direction for the group practice going forward.  Through the […]

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 Is Weak In working with our client hospitals, we see a number of reasons for this deteriorating performance: Efforts to better manage care are slowly […]

Case Study: Interim Management for an Employed Physician Network

Background Our Midwestern hospital client had a rapidly-growing employed physician network. The network was multi-specialty and was deployed to expand the hospital’s footprint in outreach markets. Developing the group culture and increasing physician engagement, however, were becoming increasingly challenging. The group lacked a solid infrastructure and didn’t have sufficient dedicated resources to support the practices […]

Webinar: Turn Your Physician Network into a Strategic Weapon

Despite the vast investments hospitals have made in physician practices, most struggle with their profitability. Today’s goal may be to stop the bleed, but there’s a bigger-picture issue that also needs to be addressed: Transforming a collection of physician practices into a strategic weapon to help your hospital or system achieve your objectives? HSG’s one-hour webinar […]

Performing a Practice Assessment

Common to most operational turnarounds, interim management engagements or employed network management contracts, is the need to perform a rigorous Practice Assessment. At Healthcare Strategy Group, we use a four-pronged approach to diagnosing your employed group’s issues before we prescribe the cure: Interviews with a broad base of physicians to ensure we receive perspectives from all […]