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.
Integration & Physician Issues
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…
Worchester, Mass.-based Cardiology Consultants of Central Massachusetts has join UMass Memorial Medical Group, the faculty practice group for UMass Memorial Health Care and the University of Massachusetts Medical School, according to a report by the Worchester Business Journal.
Wheaton Franciscan All Saints in Racine, Wis., is in the process of unveiling a new leadership model that will give physicians more input on how the organization is run, according to a report by The Journal Times.
In the past few years, the prevalence of hospital-owned physician practices has greatly increased as hospitals seek to expand referral bases and service lines while physicians seek a reprieve from growing federal and state reporting requirements and other regulations. One…
With 30,000 hospitalists in the United States, hospital medicine is the fastest growing medical specialty and it is expected to play an important role in healthcare reform, according to a report by the New York Times.