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Related Concept Videos

Integrated Healthcare System01:20

Integrated Healthcare System

An integrated healthcare system (IHS) is a set of organizations that provides for or arranges to provide coordinated and continuous service to a defined population. The IHS takes responsibility for that particular population's health status and outcome, both clinically and fiscally. An integrated healthcare system is a well-organized, well-coordinated, and collaborative network. The integrated delivery system is a network that connects different healthcare providers to deliver organized,...
Issues And Trends In Healthcare Delivery System01:29

Issues And Trends In Healthcare Delivery System

The issues and trends in healthcare delivery are constantly changing. The COVID-19 pandemic is one recent issue that wreaked havoc on healthcare systems, causing a shortage of healthcare workers, high demand for medicines and supplies, and increased medical expenditure due to a lack of insurance. Other issues include rising healthcare costs and care fragmentation.
Cost Containment
Payment for healthcare services has historically promoted adoption of costly and often unnecessary or inefficient...
Patient-centered Care01:13

Patient-centered Care

Patient-centered care involves delivering care beyond inpatient hospitalization. Reflective practice can enhance a patient-centered approach. Reflective practice is a process of reasoning that considers all aspects of the present situation, including practicalities, learning from personal practice, and consideration of patient needs. Patients appreciate care decisions made while considering their input. Involving the patient in their care provides the patient with a sense of contribution rather...
Introduction To Health Care Delivery System01:18

Introduction To Health Care Delivery System

The healthcare system is constantly changing and complex. Various services are available from different healthcare providers, but gaining access to these services has become challenging for people with limited healthcare insurance. Uninsured people present a challenge to healthcare because they frequently postpone or forego treatment.
The Institute of Medicine (IOM) advocates for a patient-centered, effective, safe, timely, equitable, and effective healthcare system. The National Priorities...
Interdisciplinary Care: The Health Care Team-I01:21

Interdisciplinary Care: The Health Care Team-I

An interdisciplinary team includes many healthcare professionals working together and utilizing their skills, knowledge, and expertise to provide holistic and quality patient care.
Physicians
The physician's primary responsibility is to diagnose illness and direct the medical or surgical treatment of the condition. The authority to admit patients to a healthcare agency or institution and practice care within that setting is granted to physicians by the healthcare agency or institution itself.
Nursing Clinical Information System01:27

Nursing Clinical Information System

Nursing Clinical Information System (NCIS)
A Nursing Clinical Information System (NCIS) is a specialized type of healthcare information system tailored to meet the unique needs of nursing practice. It incorporates the principles of nursing informatics to streamline information management and improve the quality of care delivery.
Critical attributes of NCIS include:

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Intraoperative Video Consultation Following Bile Duct Transection Facilitates Direct OR Transfer for Robotic Hepaticojejunostomy at Tertiary Center
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Physician integration is back--and more important than ever.

Brian Sanderson1, Blix Rice, Melanie Fox

  • 1Ernst & Young, Chicago, USA. Brian.Sanderson@ey.com

Healthcare Financial Management : Journal of the Healthcare Financial Management Association
|December 17, 2008
PubMed
Summary

Effective hospital affiliation strategies require careful planning for joint ventures and aligned compensation for employment models. Strategic planning and due diligence are crucial for successful physician-hospital partnerships.

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Area of Science:

  • Healthcare Management
  • Organizational Strategy
  • Physician Alignment

Background:

  • Current healthcare affiliation models predominantly utilize joint ventures and employment agreements.
  • These strategies present unique legal, financial, and operational challenges.
  • Successful physician-hospital relationships are vital for healthcare delivery.

Purpose of the Study:

  • To analyze the critical success factors for hospital affiliation strategies.
  • To identify risks associated with joint ventures and employment models.
  • To provide recommendations for optimizing physician-hospital affiliations.

Main Methods:

  • Review of current affiliation strategies, focusing on joint ventures and employment.
  • Analysis of risk mitigation techniques for joint ventures.
  • Examination of compensation structures for physician employment models.
  • Outline of essential components for successful affiliation programs.

Main Results:

  • Joint ventures require meticulous planning to manage legal, tax, regulatory, and cultural risks.
  • Physician employment models necessitate compensation structures that synchronize physician and hospital incentives.
  • Successful affiliation programs depend on needs assessment, strategic planning, and thorough due diligence.

Conclusions:

  • Strategic planning and risk management are paramount for successful joint ventures.
  • Incentive alignment through compensation is key to the success of physician employment.
  • Comprehensive due diligence and needs assessment form the foundation of effective hospital affiliation programs.