Focus On Value Driven Physician Relationships
Bishop + Associates has achieved excellent success in working with trauma physicians in both academic and community hospital environments to develop cost effective medical staff structures that benefit the hospital, physicians, and trauma patients for the next decade.
Trauma center medical staff structures are problematic with multiple contributing factors:
- Increasing burden of uninsured patients
- Incompatibility with private practice & outpatient surgery trends
- Malpractice market turmoil
- Demise of community ED call panels
Trauma physician support costs are rapidly increasing nationwide. Trauma centers have major challenges in sustaining required levels of physician specialty coverage, and in receiving appropriate value in return for support costs. Strengthening the trauma program can provide added value to the hospital in the form of improved quality of care, halo effects from community outreach programs, and opportunities for cost management from the addition of surgical critical care services, and orthopedic hospitalist programs.
Development of a cost effective framework for trauma physician support includes:
- Designing effective structures with strong medical leadership
- Provision of indirect hospital support (OR, ED, Physician Extenders)
- Optimization of franchises (Trauma/SICU/Surgery; Ortho; Neuro)
- Designing value driven compensation systems
We take a methodical approach to issues. The hospital should get full value for physician payments made. Our approach to the design of physician support compensation systems considers various forms of support. Depending upon the unique needs of the particular engagement, these may include medical director stipends, call stipends, payment for care of uninsured patients, guaranteed professional fees, payment for hiring of physician extenders, etc. |
