A physician makes a mistake, commits negligence, and what’s the result? It can be horrific. Malpractice suit. Medical staff discipline. Medical board discipline leading even to loss of licensure. Reputation destroyed. Now ask yourself what happens if a hospital executive, say the CEO of a publicly held hospital chain, commits the equivalent type of error,…
Tag: system
Washington State Takes Antitrust Aim at Aggressive Health System Competition
The unfettered growth of hosptial-centric medicine, usually touted as bringing “better care,” “enhanced safety,” and “more efficiency,” often brings less caring care, hospital acquired infections, and . . . control over the market with its “efficient” byproduct, higher prices. The growth of hospital systems can be seen as a reaction to the fact that procedures…
What’s a Medical Group Compensation Plan For?
Okay, okay. The chances are great that your first reaction after reading the title was to think, “It’s so I’ll get paid.” Now that we’re past that, let’s look a bit deeper. From the medical group perspective, a compensation plan is a part, in fact the largest part, of the practice’s system for driving behavior…
Laid Off Docs: You’re Heavy and You’re Not My Brother – Medical Group Minute
How long would it take to find a job?
Opting Out to Opt-In for Yourself – Podcast
I’m no enemy of fast food. I just don’t want to eat it. I don’t care if you do. I wouldn’t make it illegal. But some mayors would.
Structure and Compensation: The Genetic Defect in Medical Groups
It’s one thing to understand that playing to self-interest motivates. Harnessing that self-interest advances the business’ own interests.
Is Hospital System-Wide Contracting a Better Strategy?
Although the devil’s in the details of any contract, consider the impact of the term and termination provisions in a system-wide exclusive contract.
Opting Out to Opt in for Yourself
Some, a few, physicians had already opted out of the government system (Medicare) and out of the insurance system as well, going into “concierge” medicine. They were criticized as somehow being “less than” for not wanting to be a public utility. For not wanting to be sheep.
Cyprus, USA
If you’ve been reading the international news, you’re probably familiar with the fact that the government of Cyprus, a European Union member, is under pressure from the European Central Bank to seize funds in private depositors’ bank accounts to bail out Cypriot banks. Although when first floated, all accounts were targeted for seizure in varying…