Physician network losses threaten the financial performance of healthcare organizations and impact their ability to confidently face new market challenges. Diagnosing problem areas and implementing a plan for improvement is critical to positioning the organization for success. At this point in their evolution (“Operational Chaos”), networks benefit from a comprehensive operational assessment supported by detailed […]
physician network losses
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Background The client was a nine-hospital health system with 14 clinics serving communities in a multi-state market with very limited access to care, poor economic conditions, high unemployment, and a heavy Medicare/Medicaid/uninsured payer mix. For most of these communities, the system was the sole source of care. Though the clinics were of substantial size (they employed […]
Financial Sustainability: Excerpts from “67 Tips for Developing a High-Performing Physician Network”
Controlling the losses on employed physician networks is the biggest immediate challenge for many of our clients. The losses have been created by the confluence of fast growth, limited investment in talent, and health care executives’ limited experience with managing physician networks. TIP 49 Define your dashboard. If you are not measuring for it, […]
Many hospitals and health systems started employing physicians under the premise that if they could run a successful hospital, how hard could it be to run a few practices? What most didn’t anticipate, however, was the growth in physician employment. A few doctors is one thing, a few hundred is another. Many physician networks have […]