We saw a great deal of physician hospital integration activity during 2010. The integration activity centered around practice acquisition and employment, service line management, co-management and transactions involving surgery centers and other physician-owned facilities and a number of other physician…
Integration & Physician Issues
Banner Health, the parent company of 13 Arizona hospitals, is “engaged in serious discussions with private insurers” about the implementation of an accountable care organization, according to an op-ed written by Peter S. Fine, Banner’s president and CEO, in The…
Insurers and healthcare providers are currently at odds over how accountable care organizations should be regulated, according to a report in the Washington Post.
Wyoming Medical Center in Casper is discussing further need to develop a statewide accountable care organization as hospitals in Colorado, Utah, South Dakota and Montana compete for the 207-bed hospital’s market, according to a Billings Gazette report. As out-of-state hospitals…
Operating a large healthcare system requires significant effort to align different employees, physicians and business entities around a set of core values. Mark Solazzo, chief operating officer of North Shore-LIJ Health System in New York, discusses five of his system's…
Springfield, Ill.-based HSHS Medical Group, affiliated with St. John’s Hospital, has acquired Chatham (Ill.) Family Practice, according to a State Journal Register report. The practice has three physicians. Financial terms of the acquisition were not disclosed, but the deal…
University of Michigan Health System saved more than $15 million on the cost of care over four years while participating in a demonstration project considered by many to be the precursor for accountable care organizations. Caroline Blaum, MD, MS, is…
Puget Sound Health Alliance, a non-profit organization aimed at improving healthcare quality and affordability in Washington, has launched a nationwide project that would use health IT to collect and measure data for healthcare quality improvement, according to a Healthcare IT…
The following acquisitions or mergers took place within the last two weeks. 1. Arlington, Texas-based Texas Health Resources acquired MedicalEdge Healthcare Group, one of the largest independent physician practice groups in North Texas. Texas Health’s acquisition of the group will…
Arlington, Texas-based Texas Health Resources has acquired MedicalEdge Healthcare Group, one of the largest independent physician practice groups in North Texas, according to a news release by the health system.