Medicine & Business

Lay management in a medical practice

One of the key threshold issues any medical group must face is what kind of management is needed to make the practice successful. By having a good office manager and delegating managerial responsibilities, physicians can find relief from many of the aggravating day-to-day hassles.

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Integrating medical staffs with OD

Rapid development and disintegration of physician partnerships and changing alliances among physicians and institutions often fail to secure optimal cultural fit, or consider leadership succession, or anticipate ease of integration into a network. Three phases of organizational development are attentive to these problems: pre-deal, during the transaction and post-affiliation.

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Adding a physician extender

Patient care management can be made more cost-effective while affording a reasonable lifestyle for physicians and maintaining quality of care by adding a physician extender to the practice’s team. Consider the economic rationales, as well as licensure and reimbursement parameters.

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Consider a single-specialty network

If you are a specialist, consider the advantages offered by single specialty networks, which include increased control in a managed care environment, enhanced negotiation clout with health plans or primary care groups, shared administrative resources and marketing leverage.

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Integration in ambulatory care centers

The merger of physicians or their acquisition by hospitals often encounter logistical and bureaucratic obstacles to meaningful unity. Those problems can be overcome by consolidating sites into strategically located ambulatory care centers, an approach that has competitive advantages to the sponsoring organization.

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