Medical practices trimmed general operating expenditures by 2.2 percent in 2010, according to a survey from the Medical Group Management Association. While those expenses have declined, general operating costs increased by 52.64 percent since 2001 — exceeding revenue gains during…
Integration & Physician Issues
CMS has proposed to begin a Medicare value-based purchasing program in 2013, two years earlier than the reform law requires, according to an American Medical News report.
An ophthalmologist has won a $2.27 million lawsuit against Central Mississippi Medical Center after he claimed the hospital breached a physician recruitment contract in 2004, according to a Clarion Ledger report. Under the physician contract, Adolfo Morales, MD, would have…
Cookeville (Tenn.) Regional Medical Center has signed an employment agreement with Cookevill-based Tennessee Heart, the largest cardiology group in the area, according to a Herald-Citizen report.
The following nine transactions took place within the past two weeks and are presented beginning with the most recent. 1. UPMC Acquires Erie Physicians NetworkUPMC purchased Erie (Pa.) Physicians Network, which includes 10 medical offices and three urgent care centers.…
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One consequence of the Patient Protection and Affordable Care Act is that it has shown a spotlight on what's missing in the current business model of healthcare: accountability — for coordination of care, for outcome measures that are more demanding…
A report published in the New England Journal of Medicine suggests that results of CMS’ Physician Group Practice Demonstration may not have been as successful as presented. The report, authored by Gail Wilensky, PhD, points out that only two of…
Dallas/Fort Worth-based Texas Health Resources and UT Southwestern Medical Center in Dallas will partner to collaborate on projects to improve quality and efficiency of care in North Texas, according to a Dallas Business Journal report.
UPMC has purchased Erie (Pa.) Physicians Network, which includes 10 medical offices and three urgent care centers, according to an Erie Times-News report. Effective Nov. 1, the physician group will become known as Erie Physicians Network – UPMC. UPMC officials…
Rochester, Minn.-based Mayo Clinic has launched the Mayo Clinic Care Network, a collaboration of providers that will have access to Mayo physicians and expertise, according to a system news release. The first member of the network is Altru Health System,…