In recent years, the number of physicians employed by hospitals has exploded, and the size of those employed networks have seen equal amounts of growth. Often, an employed network may have doubled or tripled in size from 30 providers to 100+ providers. In many cases, the management and executive talent required to lead these multimillion dollar networks has not kept pace with that growth. Without this management expertise in physician management, losses will continue to mount for the organization. Making sure you have the right management team in place that is asking the right questions and providing executive teams with the appropriate metrics will help determine the success of the network.
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