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Selecting an MSO. How to assess options and compatibility.
1Hilgers & Watkins, P.C., Austin, TX 78701, USA.
Medical Group Management Journal
|June 3, 1999
Summary
Physicians increasingly affiliate with management services organizations (MSO). Thoroughly assess your situation, vet partners, and understand deal terms for informed decisions.
Area of Science:
- Healthcare Management
- Physician Practice Management
Background:
- The physician practice management industry is undergoing significant changes.
- Physicians continue to affiliate with management services organizations (MSOs).
Purpose of the Study:
- To emphasize the critical need for physicians to conduct due diligence before affiliating with MSOs.
- To guide physicians in making informed and strategic decisions regarding MSO partnerships.
Main Methods:
- Physicians must assess their unique situation.
- Conduct thorough due diligence of potential MSO partners.
- Educate themselves on the key terms of affiliation agreements.
Main Results:
- Evaluation of a potential partner's aligned goals is essential.
- Assessing the fairness of pricing for services is crucial.
- Verifying the expertise and experience of MSO personnel is necessary.
Conclusions:
- A comprehensive assessment enables physicians to determine their options effectively.
- Informed decision-making ensures strategic alignment and successful MSO affiliations.