• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
HSG Advisors

HSG Advisors

Building High-Performing Physician Networks

MENUMENU
  • Home
  • About HSG
    • About HSG
      • Shared Vision
      • Leadership Team
    • Careers
  • Healthcare Consulting
    • Physician Strategy
      • Health System Strategic Plans
      • Employed Physician Network Strategy
      • Physician Growth Strategy
      • Shared Vision and Culture Development
      • Physician Manpower Plans
      • Service Line Strategy
      • Physician Co-Management
    • Physician Leadership
      • Shared Vision and Culture Development
      • Physician Burnout
      • Physician Governance and Leadership
    • Performance Improvement
      • Network Performance Improvement
      • Performance Improvement Implementation
      • Network Revenue Cycle
      • Practice Care Model Transformation
      • Practice Acquisitions
      • Advanced Practice Provider (APP) Utilization
      • Virtual Health
    • Network Integrity
      • Patient Share of Care
      • Patient Flow
      • Provider Service Location Analysis
      • Market Insight
      • Physician Network Intelligence
    • Physician Compensation
      • Compensation Plan Design
      • Fair Market Value and Commercial Reasonableness Opinions
      • Advanced Practice Provider (APP) Compensation
      • Medicare Physician Fee Schedule
  • Thought Leadership
  • Contact Us
  • Medicare Changes
  • Client Log-In
Client Log-In LinkedIn LinkedIn

Contact Us

Employed Physician Network Management – Cutting Losses Education Session

HSG presensts an educational session on Employed Physician Network Management and how to understand the root cause of your network losses.

October 2, 2020 by D.J. Sullivan

Cutting Network Losses.pdf Cutting Network Losses
Download a PDF Version of the Educational Session to Share With Your Team

Educational Session: Cutting Losses and Employed Physician Network Management

Many challenges have emerged with the growth of physician employment by health systems. Due to mismatches in supply and demand, inadequate management infrastructure and the willingness of hospitals to invest capital in practices, losses on employed physician networks have steadily risen, to the point of beginning to threaten hospital bottom lines. Most health systems still don’t have the physician network management capabilities or sophistication of understanding the root causes of the losses within their networks, which is the first step required for taking action. In this pre-recorded educational session, viewers will discover how proper benchmarking of network operations can reveal several factors that could be improved to mitigate those losses. 

This physician network management educational session will provide your team with the knowledge to:

  1. Break down the factors contributing to subsidies for employed provider networks
  2. Prepare an appropriate subsidy target based on benchmark data
  3. Outline a prioritized performance improvement plan

Related Content on Physician Network Management and Cutting Losses

HSG was published by MGMA’s Connection Magazine in December 2019 on a similar topic. The article outlines the importance of setting improvement targets, discusses the key drivers of revenue and expense within an employed physician networks, and dives into the critical nature engaging your physicians in defining actions plans for successful execution of cutting network losses.

The article also outlines six core physician network management lessons that should baked into your process. 6 lessons include:

  1. Understanding benchmark data
  2. Using data and organizational imperatives to set dollar saving objectives
  3. Analyzing data to identify rooty causes of problems
  4. Verifying data insights with “boots on the ground” reviews
  5. Building action plans with an eye toward objectives and improvements needed to achieve targets
  6. Ensure adequate management resources are dedicated to implement the plan

Read the full article on MGMA’s website below.

MGMA – Cutting Losses in Hospital-Employed Physician Networks Article

Category iconPerformance Improvement,  Webinars

Primary Sidebar

Travis Ansel

(502) 814-1182 tansel@hsgadvisors.com

Physician Network Management

Receive Physician Strategy News

  • This field is for validation purposes and should be left unchanged.

Recent Thought Leadership

  • HSG Claims Data Analytics Updates: February 2023
  • 2023 Medicare Physician Fee Schedule Updates
  • HSG Advisors Expands Consulting Services and Data Analytics Capabilities in Response to National Outpatient Utilization Trend
  • Creating a Win/Win System of Advanced Practice Provider Oversight
  • Employed Provider Network Shared Vision: Process and Intent

Insights for Confident Leaders

Sign Up for HSG's Physician Strategy News™ and Notifications on New Thought Leadership
  • This field is for validation purposes and should be left unchanged.

Footer

9850 Von Allmen Court
Suite 201
Louisville, Kentucky 40241

(502) 814-1180

info@HSGadvisors.com

  • Physician Strategy
  • Physician Leadership
  • Performance Improvement
  • Network Integrity
  • Physician Compensation
  • About HSG
  • Purchase HSG’s Book
  • Leadership Team
  • Careers at HSG
  • Thought Leadership
  • Privacy Policy

Take HSG’s Physician Network Evaluation Survey
Get Started Here

  • LinkedIn
  • Vimeo

© 2023 HSG Advisors. Website managed by SiteCare.com