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Background Senior leadership of a hospital system was growing increasingly concerned over mounting losses and a general lack of operational efficiency in the employed physician network. It was apparent to them that the management infrastructure and talent had not kept pace with the needs of the rapidly growing network. The hospital requested assistance from HSG […]
Employed physician networks have become an integral part of the overall strategy for hospitals and health systems. Whether your network consists of 40 or 240 providers, having the right executive leadership at the helm is critical. And the operational and financial expertise required to effectively manage these multimillion dollar entities has grown with the network’s […]
Rapid growth in the size and complexity of multi-specialty, multi-site, employed physician networks has created significant management challenges, frequently outstripping the knowledge and skills of existing network leadership. Today, these multi-million dollar organizations require the leadership abilities of CEO-level talent, coupled with an in-depth, working knowledge of physician practices. And the talent pool for this […]
The except below is from HSG’s whitepaper on the Physician Network Life Cycle, published (December 2016) at AHA Health Forum (Industry White Papers & Insights). Click here to download In HSG’s work with Employed Physician Networks, we frequently find the same set of core challenges during the evolution of Employed Physician Networks: • External pressures […]
Outsourcing is nothing new in the healthcare industry. It’s a tried and true method to reduce costs and improve service delivery and outcomes. Hiring outside management for food service, security, ED and anesthesia staffing, IT, payroll, housekeeping, revenue cycle — even whole hospitals – is commonplace. What’s Driving Physician Network Management Outsourcing What IS fairly […]
In October 2014, Halifax Health officially engaged Healthcare Strategy Group to manage its physician network. In this interview with HSG Partner John Hill, Chief Medical Officer Donald John Stoner, M.D. talks about the reasons why Halifax decided to outsource the management of their physician network. Like many U.S. hospitals, Halifax Health was no a stranger […]
Exploding physician employment has resulted in a dearth of executive leadership of multi-specialty physician groups. In many cases, rapid growth of these physician enterprises has outpaced the management infrastructure and executive talent required to lead them. Four telltale signs your network growth has exceeded your management infrastructure and abilities include: Responsibilities for making physician acquisition […]