Creating Successful Hospital/Physician Partnerships

Physicians are still at the center of clinical decision making in the health care arena. Administrators, financial professionals, and revenue cycle leaders are incapable of ordering one test, drug, or procedure, or admitting a patient for a hospital stay. Physicians still hold the expert array of knowledge, experience, licensing, and legal responsibility, to order the right diagnostics and treatments at the right time.

Healthcare reform and the associated reimbursement strategies of today are shifting focus away from addressing existing problems and towards early detection and prevention and easing patients into a healthier lifestyle. This shift depends on a huge change in cultural, financial and operational perspectives. How do we incentivize physicians to do different things, and to do less of the things that have been the cornerstone of their financial success? How do we keep everyone whole or properly incentivized?

Hospitals are still the core of large complex healthcare systems because they are the nexus of capital, technical expertise, and the highest focus of multi-disciplinary technical specialists. But, the concentration of these factors becomes looser every day. Building the right clinical specialist networks on a nimbler platform demands experience in both traditional management approaches and an open mind to new kinds of partnerships.

Spectrum Health Partners brings the expertise and the can-do attitude to work with leaders to create these crucial relationships in an organic yet manageable fashion. We bring the strategies, plans and processes to drive maximum value for all market stakeholders, and that certainly includes the physicians. Our goal is to bring about equitable transactions between the physicians and the health systems that serve their communities.

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