Hospitals seeking to maintain a strong network of referring primary care physicians may face major challenges in the years ahead if their community does not offer an employed practice model. Many physicians coming out of residency have a different mindset…
Integration & Physician Issues
Spokane (Wash.) Cardiology and Heart Clinics Northwest, also in Spokane, will merge with Renton, Wash.-based Providence Health & Services to form Providence Spokane Heart Institute, according to a report by the Spokesman-Review.
Arkansas Heart Center, a four-physician cardiology group in Fort Smith, Ark., has joined Sparks Health System, also based in Fort Smith, according to a report by the City Wire.
A glance at the headlines shows how badly healthcare needs to become more efficient. Healthcare spending in the United States rose 5.7 percent in 2009, to $2.5 trillion. It now commands 17.3 percent of the gross domestic product, up from…
An increasing number of midcareer physicians are leaving their independent practices to join hospital systems as salaried employees, according to a report by The Detroit News.
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Marc Bard, MD, chief innovation officer in the healthcare practice of Navigant Consulting, is the co-author of the recently published white paper, "Accountable Care Organizations and Payment Reform: Setting a Course for Success." Here, Dr. Bard discusses what ACOs mean…
Physicians from two large group practices and Our Lady of the Lake Physician Group in Baton Rouge, La., recently discussed what stapes they would need to take to create an accountable care organization.
Following the March 2010 passing of the health reform bill, the future of physician-owned hospitals is uncertain. Starting in 2011, the law prohibits existing physician-owned hospitals from expanding and prevents new ones from being built. Here, Brett Gosney, president of…
When hospitals abandoned the practice of employing physicians in the late 1990s because they weren't making money on them, Our Lady of the Lake Regional Medical Center in Baton Rouge, La., held on to its 35 employed physicians and cast…
Hospitals looking for ways to secure market share are increasingly finding the answer in acquiring physician practices in their communities or employing physicians. While this business practices failed miserably for most hospitals in the 1990s, hospitals acquiring practices today are…