Proponents of the ACO model argue that this time it’s different, that the model is not about controlling physicians, it’s about clinical issues and getting physicians integrated with other providers, both in respect of macro issues (e.g., establishing protocols, determining best practices and the design of studies) and micro issues (e.g., the coordination of a particular patient’s care).
The Business of Healthcare
Discussing the business side of all things healthcare.
Warranty as a Medical Practice Competitive Advantage – Medical Group Minute
In a very real sense, all physicians give a limited warranty – it’s called malpractice liability.
Do You Make This Mistake in Business? – Medical Group Minute
In many medical specialties, both hospital and office based, national groups have become significant competitors.
Do You Understand the Power of What You’re Really Selling? – Success in Motion Series
Charles Revson, the founder of Revlon Cosmetics, sold hope; his competitors just sold lipstick. Do you understand, really understand, what it is that you’re selling?
4.5 Things Magic Mountain Taught Me About Your Business – Podcast
That summer at Magic Mountain was a petri dish of customer service and other business education. Here are 4.5 of the lessons that I learned.
Life Is Easy When You’ve Given Someone Else the Power to Determine Your Future – Podcast
Market consolidation – that’s what’s impacting medical groups of all stripes and sizes.
OIG Issues Fraud Alert on Physician Compensation
OIG issues Fraud Alert targeting physician compensation. Physicians must use extreme care in structuring deals.
Are All Hospitals Really Price Buyers?
Not all hospitals are price buyers. They are value buyers. Medical groups must increase the level of value provided to drive a higher price.
Into the Stream – Medical Group Minute
What about your practice’s stream of business? Is it a single channel, even a very large single channel, or is it supported by multiple streams, streams of income, that is?
Medical Group Value Walks Out the Door – Podcast
As much actual tension as there is between physician groups and ACOs, they share a common weakness.