New Hospital-Physician Enterprise ― Meeting the Challenges of Value-Based Care

Addressing hospital executives, Wofford, a consultant in operations, strategic and business planning, revenue cycle management, and hospital-physician affiliations, and Messinger, a consultant who helps healthcare provider organizations develop enterprise-wide strategies and execute plans for competitive advantage, bring together 11 chapters on creating and sustaining hospital-physician relationships in the changing post-reform world. Healthcare consultants from Wofford and Messinger's company detail issues common to integrated models of employment in which the hospital or health system owns the clinic assets, employs the staff, and manages the physician practice, with discussion of the necessary mindset and expectations, managing an acquired physician practice, building physician leadership, compensating physicians, and managing operations and revenue cycles. The second part addresses alignment models in which physicians continue to maintain practices independent of the hospital or health system, such as clinical joint ventures, clinical comanagement arrangements, accountable care organizations, and the use of information technology, and the last part discusses fair market value and payer contracting strategies relevant to both types of models. Annotation c2013 Book News, Inc., Portland, OR (booknews.com)