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More About This Textbook
Overview
This resource is written to help you make positioning decisions for your practice. An overview of the historical, current, and future perspective on health care delivery is included, along with information on a physician's responsibilities in the various forms of integration. Strategies for hospitals, physicians, ancillary services, managed care, and technology are given in detail. Integration Strategies for the Medical Practice, Second Edition, helps you to identify the operational strengths and weaknesses of your practice, calculate the current worth of your practice, and advises on selecting the correct partner for you and your practice. Integration Strategies for the Medical Practice, Second Edition, leads you through the decision-making process of integration so you will be best prepared to meet changes wrought by the future, while delivering cost-effective, high-quality medical services to your patients.
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Table of Contents
The Health Care Landscape in the 21st Century 1
Phases of Health Care 3
Emerging Trends in Health Care 5
The Health Care Industry at a Crossroads 6
The Health Care Delivery Landscape 9
Managed Care Organizations 9
Health Care Insurers 9
Government 10
Physicians 10
Hospitals 10
Landscape Summary 11
Overhaul of the Health Care System: Is It Needed? 11
Summary 12
Notes 12
Strategies for Hospitals 13
The Physician Equity Option: An Alternative to Purchasing a Practice 15
Allowing Physician Input Into Hospital-Affiliated Groups 17
Hospital Strategy and Financial Health in the 21st Century 18
Summary 19
Notes 20
Strategies for Physicians 21
Equity Model Integration Strategies 21
Other Integration Strategies 23
Other Integration Strategies With Specialists 25
The Profitable Physician Practice 28
The Right Strategy for Physicians 29
Keys to Success 31
Summary 32
Note 33
Hospitals and Physician Relations Programs 35
The Need for Physician Relations Programs 35
Service-Equal Environment 36
People-Oriented Business 37
Program Goals and Objectives 38
Recruitment vs Retention 39
Department Structure 39
Organizational Positioning 40
Hiring an Internal vs an External Person 40
Sample Job Descriptions 41
Compensation 41
Relationships With Department Heads 43
Identifying Targeted Physicians 49
Involvement in Monthly Management Meetings 50
Tracking Issues and Concerns 51
Justification of the Physician Relations Department 51
Creating Baselines 51
Return on Investment 52
Key Areas of Opportunity 52
Summary 52
Note 53
Ancillary Services 55
What Are Ancillary Services? 55
Example of Ancillary Services 57
Why Offer Ancillary Services? 58
Rules to Follow 61
Integration Options 62
Legal Considerations 63
Implementation of the Ancillary Service 64
Planning 64
Development 64
Operating 65
Continual Assessment 65
Summary 65
Strategies for Managed Care 67
The Current Landscape of Managed Care 68
The Rise of Consumerism 69
The Changing Face of Reimbursement 70
Further Consolidation of the Payer Industry and the Rebalancing of Fully Insured Managed Care Products 73
The Prospect of a Single-Payer System 74
Summary 76
Notes 76
Strategies for Technology 77
Information Technology as a Key to Controlling Rising Health Care Costs 79
Technology in the Medical Practice 80
Investing in and Adapting to Technology 84
Summary 87
Notes 88
Index 91