If I can make you a dollar by cutting your costs, can I keep 50 cents?
Tag: gain
If I can make you a dollar by cutting your costs, can I keep 50 cents?
In eerie (or perhaps prescient) follow up to my article about gainsharing in the December 31, 2017, issue of The Advisory E-Alert, From Steelworkers to Surgeons: Gainsharing and Physician Groups, on January 5, 2018, the OIG released an important new advisory opinion (Adv. Op. 17-09 – let me know if you’d like a copy) on […]
If I can make you a dollar by cutting your costs, can I keep 50 cents? That, in a nutshell, is what’s described as “gainsharing” in the context of arrangements between medical groups and hospitals. The physicians, as a part of a structured arrangement, are rewarded for making a hospital service more efficient or more […]
Survey reveals sixty-seven percent of physician who participated in an ACO in 2012 realized no personal financial benefit.
Survey reveals sixty-seven percent of physician who participated in an ACO in 2012 realized no personal financial benefit.
Creating additional levels of bureaucracy – more paperwork, more direction, more top-down control – leaves less time for patient care, at least for care that is customized as opposed to cookie cutter. It leads to physician dissatisfaction and less, not more, job security.