Competing

What’s the Downside Risk for Hospital Executives?

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, […]

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Hospital-Centric Healthcare

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 […]

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Strategy

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 […]

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