Report finds fewer than a third of physicians continue to practice independently
About 70% of physicians were employed by health systems or corporate entities such as private equity firms and health plans at the start of 2021.
Why the physician’s office, not the ED, is a health system’s true front door
As revenue from inpatient care continues to decline as a percentage of total revenue, health system leaders should acknowledge the pivotal role physicians play in bringing patients into their systems.
Healthcare News of Note: More ransomware attacks mean hospitals and health systems will likely have to increase investment in IT security
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: A jump in ransomware attacks may move hospitals to increase IT security, surprise-billing concerns prevent some from seeking the COVID-19 vaccine, and physician shortages spur plan to allow more international candidates.
Why benchmarks should not be the sole guide for setting physician compensation
Healthcare organizations that rely on survey benchmark data alone when setting physician compensation may be risking budgets and relationships with physicians, especially in times of great uncertainty. Instead, they should adopt an approach more tailored to their unique circumstances
New milestones in healthcare’s evolution signal the need for a new look at integrated delivery systems
Given the waves of change that have swept over healthcare in recent years, it’s time to step back and think again about integration – and how to optimize care and maximize its impact.
Healthcare News of Note: Physicians say their trust in the U.S. healthcare system, along with confidence in healthcare executives and leaders, declined during the pandemic
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: The share of physicians who trust the U.S. healthcare system falls, the hospital-at-home sector is poised for growth, and an analysis details disparities in mental health diagnoses in the U.S.
Experts raise concerns about hospital merger-and-acquisition activity but differ on how Congress should respond
During a recent Senate hearing, a hospital advocate responded to criticism of consolidation stemming from mergers among hospitals and hospital acquisitions of physician practices.
Healthcare News of Note: Hospitals ignoring federal price transparency rules get warning letters from CMS
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: CMS letters warn hospitals to abide by price transparency rules, fewer mental health services are available during the pandemic and the number of private-practice physicians undergoes a historic shift.
Healthcare News of Note: 10 hospital system CEOs pledge to create new safety standard for healthcare workers
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including movement on safety standards to protect healthcare workers, the increasing role of PCPs in COVID-19 vaccinations and reductions in ACA out-of-pocket costs.
From chaos to unity: 6 steps for building a compensation plan for employed physicians
When acquiring physician practices, health systems often develop employment arrangements on a case-by-case basis, leading to challenges due to the inconsistencies of multiple arrangements. A large physician practice’s effort to standardize its approach to compensating its employed physicians offer a case example of how to effectively address this problem.