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Is it Time to Strategically Rethink Your Physician Compensation Plan?
We’re all familiar with healthcare’s new direction and jargon—”Fee for Value”; “Value-Based Purchasing”; “Patient Centered Medical Homes” and “Value-Based Care Organizations.” What these initiatives have in common are physicians. Employed […]
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Mergers and Physician Alignment
Our consultants see an interesting dichotomy with clients: they believe, almost uniformly, that closer alignment with physicians is crucial to future success, but when evaluating merger partners or acquisition targets, […]
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Building Network Value: Are You Asking The Right Questions?
One of the first challenges in wringing value from your employed physician group is to focus your discussions. In developing strategies for these groups, we’ve found paying attention to the […]
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Process Improvement Series: Revenue Cycle Management
What key indicators are you using to measure the performance of your physician network? Revenue cycle measures should be at the top of your list, as failure to monitor this […]
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Four Critical Actions When Employing A Large Physician Practice
Employing a physician group is a very complex task and can be daunting even for the most robust healthcare system. Stakes are high, and if the employment process breaks down […]
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Leveraging Your Employed Physician Group for Payment Reform Success
Reimbursement for healthcare providers is continuing to shift towards increased incentives for quality outcomes and cost management, as insurers (particularly CMS) focus on reducing fee-for-service payments and increasing the amount […]
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Growing Physician Losses and Job Tenure: Are They Related?
Clients are reporting a growing awareness by their Boards of losses per physician in hospital employed networks. With average losses approaching $200K, many systems are finding that shrinking margins and […]
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Increasing the Value of Your Employed Physician Group
Hospitals and systems have mixed results when employing increasing numbers of physicians, that according to the influx of calls we have fielded from our clients. They want to know the […]