Every physician practice has two distinct components: clinical and business. Most providers spend the majority of their time focusing on the clinical side. However, the business side is just as important if you want your practice to grow and thrive.
Imagine a world without volunteers. It’s almost impossible to do, especially in places like hospitals and health care facilities where these individuals who give of their time and talents are absolutely instrumental in helping organizations function.
From its humble beginnings in 1939 as a one-story, 23-bed hospital, Martin Health System has grown tremendously over the years and now boasts three acute care hospitals serving one of the fastest growing regions in the state
The American Medical Association estimates a third of physicians either work directly for a hospital or in practices with partial hospital ownership. This 2014 estimate is up from the 2012 approximation of 29%.1 The significant trend towards physician and hospital integration is attributable to:
I’m a volunteer and proud of it. I don’t pretend to be changing the world or bringing about world peace, but I do believe I make a difference. They may be “baby step” differences compared to the achievements of others, but at least I know I’m trying.
In Part I of this two-part article, an important distinction was highlighted between diagnostic and prognostic tests. The latter typically are not a benefit category in insurance programs or are not a covered category of tests.
Health care delivery in the US is going through change, some subtle and some dramatic. The Patient Protection and Affordable Care Act, changing reimbursement models, and new care delivery models are but a few of these changes.
Physicians are the gateways into the hospital system. Access to hospital services is largely controlled by physicians. Now under the Affordable Care Act, with the current shift from “volume to value” physicians now are taking on the role of keeping populations healthy.
Attorneys from Broad and Cassel’s nationally recognized Health Law Practice Group alongside professionals from some of the nation’s leading health care companies will discuss today’s rapidly changing health care landscape at the second annual Broad and Cassel Orlando Health Care Forum on April 29, 2016.
With the unprecedented consolidation in the current healthcare market, you may be considering whether a merger or acquisition makes sense for your hospital. While a provider-to-provider acquisition may help you increase scalability of your organization