Manage Your Practice

What Does Partnership Really Mean?

What does partnership mean in a medical group? What does it mean to you? What does it mean for your group? What does it mean if you are setting up a medical group? I recently heard from someone (a partner in a law firm) who was recounting a story of another lawyer, who, years ago, […]

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Manage Your Practice

CVS, Aetna and Your Practice

The Wall Street Journal portrays it as causing panic in the streets. I’m taking about the pending acquisition of Aetna by CVS Healthcare. It’s stoking fear of the combination of a ubiquitous retail delivery platform, CVS, with the health insurance, managed care, and huge patient database of Aetna. More traditional health insurers and large scale […]

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Gainsharing

What Have You Got to Gain? A Lot!

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 […]

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