| Consumer focus can spur group practice turnaround. | |
| | |
MedLine Citation:
|
PMID: 11407124 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
|
Many healthcare organizations have lost money on their employed group practices. The solution to this dilemma is not necessarily divestment of the group practices. Instead, some healthcare organizations should view their physicians as an asset. Healthcare organizations and physicians need to develop a new framework for their relationship to optimize their competitive advantage. Three guiding principles that will help accomplish this objective are to recast the healthcare organization-physician relationship to focus on the consumer, reconfigure the economic model to exceed consumer demands, and restructure the group practice to encourage fiscal and service excellence. In developing a new relationship framework, the stakeholders need to define the group practice's mission, strategic direction, composition, infrastructure, compensation model, and structure. |
| | |
Authors:
|
M S Foreman; A Draper |
Related Documents
:
|
6739754 - Radiographers as managers. 4. the organization and its structure--some theory and pract... 10284224 - Putting your money where it counts. 10119714 - The balanced scorecard--measures that drive performance. 14513744 - Corporate culture: the missing piece of the healthcare puzzle. 16841174 - Distorting gene pools by conservation: assessing the case of doomed turtle eggs. 20559634 - Lessons learned from a decade of sudden oak death in california: evaluating local manag... |
Publication Detail:
|
Type: Journal Article |
Journal Detail:
|
Title: Healthcare financial management : journal of the Healthcare Financial Management Association Volume: 55 ISSN: 0735-0732 ISO Abbreviation: Healthc Financ Manage Publication Date: 2001 Jun |
Date Detail:
|
Created Date: 2001-06-15 Completed Date: 2001-07-12 Revised Date: - |
Medline Journal Info:
|
Nlm Unique ID: 8215859 Medline TA: Healthc Financ Manage Country: United States |
Other Details:
|
Languages: eng Pagination: 79-82 Citation Subset: H |
Affiliation:
|
Tiber Group, Chicago, Illinois, USA. shanef@tiber.com |
Export Citation:
|
APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
|
Delivery of Health Care, Integrated
/
economics* Economic Competition Employment* Financial Management / methods Group Practice / economics* Hospital-Physician Relations* Institutional Practice / economics Marketing of Health Services Needs Assessment Organizational Objectives Patient-Centered Care United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
Previous Document: Quality and service are paramount: a survey of healthcare purchasing trends.
Next Document: Coping strategies used in residential hospice settings: findings from a national study.