Friday, November 14, 2014

Physician Alignment

In light of the evolution of healthcare, physician alignment is a legitimate issue for providers who now function in the era of accountable care. The dilemmas providers face are less about whether to align with other entities and more about how to ensure success. Many options are available. The key issue is how to arrive in the best situation possible.

To prepare, participants must stay informed, stay flexible, be realistic, and prepare in advance for changes that are certain to occur over the duration of the arrangement. Possibly the most volatile area is the need for appropriate compensation. The most vital area, perhaps, is the call for physician leadership.

There's a new book out written by Max Reiboldt, CEO of Coker Group, titled "Physician Alignment: Ensuring Success with Negotiations, Payment Systems, and Education of Stakeholders".  The book attempts to address the challenges of ensuring successful physician alignment.

The purpose of the book is to help readers to:
  • Understand the different alignment options available to practitioners.
  • Learn how each of the alignment options fits in with the future of healthcare, including ACOs and risk-based payer contracts.
  • Recognize the benefits and challenges of physician alignment outside of a hospital relationship; 
  • Identify the critical success factors in an alignment model.
  • Develop strategies related to creating a new alignment relationship with other physicians or investors.
  • Educate the key stakeholders on how to be involved in the process from concept to implementation and beyond. 

The options that are available continue to attest that no one model of alignment fits every scenario, specialty, or marketplace. The challenges and pitfalls are predictable. The resources in this book identify a clear pathway to ensuring success with negotiations, payment systems, and education of stakeholders.