Max Reiboldt, Justin Chamblee, Ellis M. Knight

Physician-Hospital Alignment and Compensation Models (eBook, ePUB)

The Second Generation

• Format: ePub

Produktbeschreibung

The current era of healthcare alignment among physicians, hospitals, and outside independent investors has been underway for 10-15 years. Given this, many of the original contracts that formed the basis of these arrangements have (or will soon) expire. Thus, we refer to these new deals as "second generation" transactions.

As the system moves toward a more value-based, fee-for-value reimbursement environment, newer alignment vehicles, such as accountable care organizations (ACOs), clinically integrated networks (CINs), and patient-centered medical homes (PCMH) are beginning to take shape. More physician compensation models now include at least partial incentives for performance, as measured by such matters as specialty-specific quality metrics, cost efficiency metrics, meaningful use of electronic health records, and other parameters.

Starting with a review of "First Generation" physician compensation models, the authors then detail components of "Second Generation" models including:

• How Value-Based Reimbursements of the future call for adjustments to the Volume-Based incentives of the past.
• How to engage physicians in alignment initiatives that are favorable to both parties.
• How to approach the imperative today of improved quality of care coupled with decreased costs of care.
• How to be profitable in a demanding, competitive, and highly-regulated environment.

BONUS INCLUDED! Actual templates for your use:

• Letters of Intent Comparative Review
• Summary of Key Terms in Physician Employment Agreements
• Professional Services Agreement for Specialty Services
• Management Agreement

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Produktdetails

• Verlag: American Association for Physician Leadership
• Seitenzahl: 214
• Erscheinungstermin: 6. September 2017
• Englisch
• ISBN-13: 9780998498553
• Artikelnr.: 62883080

Autorenporträt

Max Reiboldt, CPA, is president/CEO of Coker Group with 44 years of total experience; the last 25 years specifically focused on healthcare. He has experienced first-hand the incredible changes of healthcare providers, which uniquely equips him to handle strategic, tactical, financial, and management issues that health systems and physicians face in today's evolving marketplace.From his extensive work with health systems/hospitals, medical practices, and related healthcare entities, Mr. Reiboldt understands the nuances of the healthcare industry, especially in such a dynamic age. He understands healthcare organizations' needs to maintain viability in a highly-competitive market. His experience of having "experienced everything" in the healthcare industry equips him to provide pertinent counsel to clients. Whether a transitional provider or a more cutting-edge healthcare entity, Mr. Reiboldt is uniquely qualified to work with these organizations to provide sound solutions to every day and long-range challenges.As president/CEO, Mr. Reiboldt oversees Coker Group's services and the general operations of the Firm. His "first love" is working with clients, providing sound financial, strategic, and tactical solutions to hospitals and health systems, medical practices, and other healthcare entities through keen analysis and problem-solving. Working with organizations of all sizes, Reiboldt engages in consulting projects nationwide.An avid writer and speaker, Reiboldt enjoys educating healthcare leaders through books, white papers, articles, and speaking at national symposiums. His expertise encompasses physician/hospital alignment initiatives, hospital service line development, clinical integration initiatives, financial analyses (including physician compensation plans), mergers and acquisitions, hospital and practice strategic planning, ancillary services development, PHO/IPA/MSO/CIN development, appraisals, and "accountable care era" consultation. As the industry moves to adapting to the many changes in response to healthcare reform, including the entire "volume-to-value" paradigm, he leads Coker Group's efforts in this arena.