Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Consumer focus can spur group practice turnaround.

M S Foreman1, A Draper

  • 1Tiber Group, Chicago, Illinois, USA. shanef@tiber.com

Healthcare Financial Management : Journal of the Healthcare Financial Management Association
|June 16, 2001
PubMed
Summary

Healthcare organizations can improve financial performance by viewing physicians as assets. A new relationship framework focusing on consumers and fiscal excellence can optimize competitive advantage.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Testing spatial working memory in pigs using an automated T-maze.

Oxford open neuroscience·2024
Same author

Familial rare EGFR-mutant lung cancer syndrome: Review of literature and description of R776H family.

Lung cancer (Amsterdam, Netherlands)·2024
Same author

Transmission of canine transmissible venereal tumour between two dogs in the UK.

The Journal of small animal practice·2023
Same author

Eosinophilic pneumonia and COVID-19 vaccination.

QJM : monthly journal of the Association of Physicians·2022
Same author

Optogenetic silencing of a corticotropin-releasing factor pathway from the central amygdala to the bed nucleus of the stria terminalis disrupts sustained fear.

Molecular psychiatry·2017
Same author

Qualitative research in nutrition and dietetics: data collection issues.

Journal of human nutrition and dietetics : the official journal of the British Dietetic Association·2010

Area of Science:

  • Healthcare Management
  • Health Economics
  • Physician Relations

Background:

  • Many healthcare organizations incur financial losses from employed group practices.
  • Divestment is not the only solution to this financial challenge.

Purpose of the Study:

  • To propose a new framework for healthcare organization-physician relationships.
  • To optimize competitive advantage through strategic alignment.

Main Methods:

  • Recasting the organization-physician relationship to prioritize consumer needs.
  • Reconfiguring economic models to surpass consumer expectations.
  • Restructuring group practices for fiscal and service excellence.

Main Results:

  • A new relationship framework requires defining mission, strategy, composition, infrastructure, compensation, and structure.
  • Focusing on the consumer and economic reconfiguration can enhance competitive advantage.

Conclusions:

  • Viewing physicians as valuable assets is crucial for healthcare organizations.
  • A collaborative framework is essential for achieving fiscal and service excellence in group practices.

Related Experiment Videos