Don’t focus too intently on patient care and forget the rest.
Category: Mergers & Acquisitions
Strength in numbers. Or is there? Medical groups seeking alternatives to the sale of their practice to a hospital often consider merging with another group.
Beginning in 2012, Medicare’s Value Based Purchasing program will provide financial incentives based on the performance of quality measures. Patient satisfaction surveys will yield significant weight in measuring performance. Many physician groups will make the mistake of focusing even more intently on patient care and on patient satisfaction. Taken alone, focusing on increasing both the level of care […]
When I read the practice management presentation topics of many organized medical societies, I’m stunned by the degree of victimhood and of loss of choice assumed. Topics such as how to deal with engulfment by the ACO, negotiating with the management company selected by the hospital, and selling out to the hospital. Why do the […]