Webconference Recording

The Cost Focused Medical Group

Partnering with Physicians to Control Long-Term Cost Growth

About the Webconference

Providers nationwide are facing considerable downward pressure on their operating margins. Reimbursement cuts, shifts in payer mix and case mix, and rising bad debt all require health systems to focus on managing enterprise costs to achieve long-term financial sustainability. Few organizations, however, have looked to their physicians as partners in their cost-containment strategy.

But with health systems reaching the limits of their traditional cost management tactics, engaging medical groups in cost control is becoming an increasingly important part of the margin management playbook. Ultimately, medical groups will need to work with physician partners to provide reliable, low-cost clinical care through a sustainable, cost-efficient clinical workforce.

Things You’ll Learn:

  • Understand the importance of effective physician partnership in a system-wide cost-management strategy
  • Establish a strategy for reducing unwarranted and costly care variation
  • Assemble the cost-efficient clinical enterprise through principled network curation
  • Redesign incentive models to stabilize physician compensation