I recently read an article about a physician who had sold his practice to a hospital. The physician was quoted as having stated that he had grown disenchanted with running the business end of his own practice, thus his agreement to “have my practice managed by” the hospital.
Tag: align
There’s a growing trend of dissatisfaction on the part of office practice physicians employed by, or otherwise closely aligned with, hospitals.
Physicians should be all for collaboration in terms of patient care, collaboration with other providers and collaboration with facilities.
Another week, another hospital closes. Well, at least one.
Another week, another hospital closes. Well, at least one.
Yes, this is a popular topic for the blog, because each additional hospital closure underscores the risk for physicians and medical groups that don’t spread risk. The lesson applies to both hospital-based and office-based physicians, although not necessarily equally.
Over the past decade or so, hospitals have spent countless hundreds of millions of dollars “aligning” physicians. But now it’s hospitals that are begging to be aligned.
Many physicians bemoan the fact that we have retail, corporate run walk in clinics, such as the Minute Clinics run by CVS, staffed with nurse practitioners and PAs.
Over the past decade or so, hospitals have spent countless hundreds of millions of dollars “aligning” physicians. But now it’s hospitals that are begging to be aligned.
As what were hospital cases now flow out to independent ASCs, hospitals are begging to be aligned with physicians. But why allow a hospital to be a partner in your ASC deal?
Just like your leg bone is connected to your knee bone, many of your contracts are connected to each other even though you might not readily know it. You can obtain significant leverage by making sure the agreements are coordinated.
