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. […]
Hospitals and health systems have been aggressively investing in their employed physician networks for the last 10 years or more. Most, however have not developed the leadership infrastructure or acquired the management expertise to effectively manage these networks. HSG has developed a multi-faceted approach to support you in your efforts to build a high-performing network. We […]
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 […]
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 […]
Hospital systems faced with mounting operating losses in their employed physician networks often struggle with how to turn things around. During this 60-minute webinar, HSG discusses: How to craft a 100-day physician network turnaround plan based on the eight key elements of high-performing physician networks: strategy, physician leadership and governance, culture, quality, brand identity, financial […]
Background A two-hospital system in the Midwest had a 45-provider employed network that had grown tremendously over three years. Much of that growth was unplanned and primarily based on reactions to competitor actions and physician demands. The result: Practice losses were exorbitant. The management team was focused on day-to-day issues and putting out fires. Multiple executives […]
Most of our clients learned to manage a hospital. Today, many of those clients believe their long-term success will center on how their employed physician group evolves. The viability of a health system or hospital is increasingly dependent on the group’s ability to attract the needed talent, respond to the imperatives to better manage care, […]
