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Physician Employment & Alignment Strategies Presented By: Renae Thomas, FACHE
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Identify Key Players Building the Employment Model Look at Alternative Alignment Strategies Purpose and Objectives
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Board of Directors Hospital Leadership Medical Staff Identify Key Players
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Healthleaders Media in collaboration with Medsynergies conducts a survey of hospital executives. Respondents anticipate an increase in their employed physician base within the next 36 months 2012 – 70% 2013 – 87% 73% say buy-in to quality & safety initiatives are among their top 3 objectives behind physician alignment strategies (2013) 42% of respondents reported difficulty in physician engagement (2013) Where does your organization stand on employment?
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Hospitals Maintain market share / stable income Bundled Payments Physicians Financial Pressures Critical shift from fee for service to pay for performance More leverage in contract negotiations on both purchase and reimbursement Lifestyle preference What’s driving the employment trend?
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Base Compensation Model with Productivity Incentives Non Compete Clause Quality incentive Tiered matrix Benefit Package Malpractice Insurance Group Health Insurance Retirement Plan Employment Model
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Joint ventures Provider based clinics 42 CFR 413.65 RHCs Alternative Alignment Strategies
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“You can't build a reputation on what you're going to do.” Henry Ford We need to create a common ground with our physicians by creating a unity of purpose.
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Renae Thomas e.renae.thomas@gmail.com (903) 243-0725 Contact Information
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