HMG has also formalized a unique physician-equity model that provides career-minded physicians with a perspective that aligns the goals of hospitals, medical staff members and high quality patient care. HMG’s equity model also enhances recruitment and promotes long-term physician retention as evidenced by HMG’s industry leading 8 percent physician vacancy rate and a physician turnover rate that is less than half the industry average, according to the release.
HMG’s record pace of growth, up more than 50 percent this year, dwarfs the hospitalist industry’s overall 15 percent growth, according to the release.
“HMG’s success bodes well for both the economy and national healthcare initiatives of increasing healthcare value, enhancing patient satisfaction, achieving objective quality endpoints, and decreasing readmission rates,” Stephen L. Houff, MD, president, CEO and founder of HMG, said in the release.
Higher quality, more cost effective care and reduced readmission rates are among the top interests in healthcare reform today. By providing care for hospitalized patients 24/7 from admission to discharge, a hospitalist can oversee the entire continuum of care are able to begin treatment sooner and eliminate unnecessary tests and prolonged lengths of stay, according to the release.
Learn more about HMG.
