Interim Practice Management_Best Healthcare Consulting in US

Interim Practice Management

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. […]

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 […]