Document Detail


Ensuring the profitability of acquired physician practices.
MedLine Citation:
PMID:  10163897     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
Healthcare organizations are aggressively acquiring physician group practices to create primary care networks and broaden their managed care market penetration. However, few are realizing a positive return on investment after acquisition. The odds that acquired practices will be profitable can be improved if healthcare organizations plan carefully by establishing separate acquiring entities, setting clear goals for the practices, forming skilled management teams with strong physician leadership to manage the acquired practices, and carefully structuring their physician incentive compensation plans.
Authors:
J P Ortiz
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Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Healthcare financial management : journal of the Healthcare Financial Management Association     Volume:  51     ISSN:  0735-0732     ISO Abbreviation:  Healthc Financ Manage     Publication Date:  1997 Jan 
Date Detail:
Created Date:  1997-01-31     Completed Date:  1997-01-31     Revised Date:  2000-12-18    
Medline Journal Info:
Nlm Unique ID:  8215859     Medline TA:  Healthc Financ Manage     Country:  UNITED STATES    
Other Details:
Languages:  eng     Pagination:  71-2     Citation Subset:  H    
Affiliation:
Arthur Andersen, Atlanta, GA, USA.
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MeSH Terms
Descriptor/Qualifier:
Efficiency, Organizational
Financial Management, Hospital / methods*
Group Practice / economics*
Income
Institutional Management Teams
Investments
Negotiating
Physician Incentive Plans
Practice Management, Medical / economics*
Purchasing, Hospital / economics
United States

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine


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