Under the proposed co-management agreement, open to 28 orthopedic surgeons from seven practices on staff, participating surgeons would oversee surgery department operations, including choice of medical vendors and joint replacement devices as well as efforts to improve efficiency, staffing and communication.
The heart of the model is a compensation package with fixed and incentive pay for quality, operational efficiency and new program development, developed by PriceWaterhouseCoopers, which has organized similar relationships at hundreds of hospital systems nationwide.
The new model arose after some surgeons became disenchanted with the hospital’s decision two years ago to drop three or four vendors, and it anticipates CMS’ possible move to “bundled” payments, fixed compensation covering both physician and hospital care.
Read the Naples News’ report on co-management relationships.
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