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Getting ready for professional-risk capitation
1College of Professional Studies, University of San Francisco, CA 94117, USA.
Summary
Physician groups should prepare for managed care by building diverse, credentialed networks. Advance planning for capitation compensation is crucial for attracting health plans.
Area of Science:
- Health Services Research
- Healthcare Management
- Physician Network Development
Background:
- California's healthcare landscape often foreshadows national trends.
- The rise of managed care plans presents both opportunities and challenges for physician groups.
Purpose of the Study:
- To advise physician group managers on proactive strategies for managed care.
- To highlight the importance of network diversity and credentialing for attracting managed care contracts.
- To emphasize the need for strategic planning regarding capitation compensation models.
Main Methods:
- Analysis of healthcare trends in California.
- Expert recommendations for physician group management.
- Forecasting the impact of managed care on physician networks.
Main Results:
- Physician groups must develop geographically diverse and credentialed networks.
- Managed care plans are increasingly seeking robust physician networks.
- Capitation models require careful financial and operational planning.
Conclusions:
- Proactive network development is essential for physician groups to thrive in a managed care environment.
- Strategic planning for compensation, particularly under capitation, is vital for securing managed care contracts.
- Adapting to the evolving healthcare market, as exemplified by California, is key to long-term success.