Under the new agreement, Jackson would pay the University of Miami to “lease” a certain number of its physicians who would practice exclusively at Jackson, and Jackson would bill for their services, according to the report. The deal would be a departure from the two’s current deal in which Jackson pays UM $115 million annually for treating its uninsured patients. UM physicians also treat insured patients at Jackson facilities, but bill for those services directly.
The deal would also give non-UM physicians, such as faculty from Florida International University’s new medical school, the opportunity to practice at Jackson Memorial. FIU physicians currently practice at Jackson North, where they are salaried employees, according to the report.
Jackson and the University of Miami still need to finalize the agreement.
Related Articles on Jackson Health System:
No Money, More Problems? Jackson Health in Miami May Go Broke by Summer
Jackson Health System Liable for Lease After Deal With Physicians’ Group Falls Through
Jackson Health in the Black for December
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.