Physician-Hospital Alignment and Compensation Models - by Max Reiboldt & Justin Chamblee & Ellis M Knight (Paperback)
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<p/><br></br><p><b> About the Book </b></p></br></br>The current era of healthcare alignment among physicians, hospitals, and outside independent investors has been underway for 10-15 years. Given this, many of the original contracts that formed the basis of these arrangements have (or will soon) expire. Thus, we refer to these new deals as "second generation" transactions.<p/><br></br><p><b> Book Synopsis </b></p></br></br><p><strong>Physician-Hospital Alignment and Compensation Models: The Second Generation</strong></p><p>By: Max Reiboldt, CPA, Justin Chamblee, MAcc, CPA, and</p><p> Ellis M. "Mac" Knight, MD, MBA</p><p><em>New book helps hospital and health system leaders and physicians enter into better contracts in a value-based world.</em></p><p>The current era of healthcare alignment among physicians, hospitals, and outside independent investors has been underway for 10-15 years. Given this, many of the original contracts that formed the basis of these arrangements have (or will soon) expire. Thus, we refer to these new deals as "second generation" transactions.</p><p>As the system moves toward a more value-based, fee-for-value reimbursement environment, newer alignment vehicles, such as accountable care organizations (ACOs), clinically integrated networks</p><p>(CINs), and patient-centered medical homes (PCMH) are beginning to take shape. More physician compensation models now include at least partial incentives for performance, as measured by such matters as specialty-specific quality metrics, cost efficiency metrics, meaningful use of electronic health records, and other parameters.</p><p>Starting with a review of "First Generation" physician compensation models, the authors then detail components of "Second Generation" models including: </p> <ul> <li>How Value-Based Reimbursements of the future call for adjustments to the Volume-Based incentives of the past.</li> <li>How to engage physicians in alignment initiatives that are favorable to both parties.</li> <li>How to approach the imperative today of improved quality of care coupled with decreased costs of care.</li> <li>How to be profitable in a demanding, competitive, and highly-regulated environment.</li> </ul> <p>BONUS INCLUDED! Actual templates for your use: </p> <ul> <li>Letters of Intent Comparative Review</li> <li>Summary of Key Terms in Physician Employment Agreements</li> <li>Professional Services Agreement for Specialty Services</li> <li>Management Agreement</li> </ul> <p><br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> </p>
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