Time to take a fresh look at affiliation options for physicians and health systems
As the healthcare marketplace continues to evolve, posing new challenges and creating new opportunities, so too will affiliation models continue evolve in ways that can best meet current and future needs of healthcare providers. In this environment, health systems and physician practices — both independent and employed — could benefit from taking a fresh look…
Preparing for risk-based contracting and value-based healthcare presents challenges and opportunities
The traditional economics of care delivery in a fee-for-service payment model are placing providers and insurers alike at increasing risk of being unable to fulfill their mission and purpose. Yet many organizations are ill-equipped to succeed in a reimbursement environment defined by provider organizations taking on meaningful downside risk. In a roundtable discussion, Kaufman Hall…
The metrics that matter in today’s physician enterprise
Advanced practice providers now represent about two-fifths of the physician enterprise workforce. New metrics are required to reflect this and other transformative changes within the physician enterprise.
Leveraging APPs is key to improving a health system’s provider enterprise
Although physicians have historically constituted the vast majority of a health system’s providers, advanced practice providers (APPs) are growing in number and importance throughout healthcare, to the point that what traditionally has been referred to as a health system's physician enterprise is now more aptly called its provider enterprise.
Operationalizing value-based primary care: lessons from the field
The primary care physician’s office has a pivotal role to play in efforts of hospitals, payers and other healthcare stakeholders to transition healthcare payment to arrangements that reward providers for the value of the care they provide. However, to successfully execute a value-based primary care model, organizations should be mindful of the all-too-common pitfalls that they may encounter along the way.
Omicron, swelling expenses characterize end of another challenging year for hospitals, physician groups
The nation’s hospitals, health systems and physician groups closed the second year of the COVID-19 pandemic amid ballooning expenses exacerbated by nationwide labor shortages and global supply chain challenges.
Omicron, swelling expenses characterize end of another challenging year for hospitals, physician groups
The nation’s hospitals, health systems and physician groups closed the second year of the COVID-19 pandemic amid ballooning expenses exacerbated by nationwide labor shortages and global supply chain challenges.
When real estate is part of a physician affiliation strategy, ‘renters or owners’ is a key consideration
When health systems consider using real estate as an incentive in a physician affiliation strategy, they must decide early whether to create physician owners or renters. Strategic considerations will differ significantly depending on the path chosen.
Expense increases offset physician practice productivity and revenue gains
Physician groups across the country saw productivity and revenue improvements in the second quarter of 2021 compared with both the same period in 2020 and pre-pandemic levels seen in Q4 2019, according to Kaufman Hall’s latest Physician Flash Report. However, significant increases in expenses and continued high levels of physician investment compared with the pre-pandemic period remain areas of concern.
Maintaining the equilibrium of the physician enterprise amid rapid change is a matter of balance
To ensure the proper functioning of the physician enterprise, hospitals and health systems must establish a balance among three dimensions: The clinicians’ productivity, the capacity to provide patients with access to care when they need it, and he volume of existing and potential patients in the market.