Practice Notes

Our take on the latest trends and news for medical groups

Medical group executives' most commonly asked questions of 2017—answered

by Hamza Hasan and Phoebe Donovan February 21, 2018

Every year the Medical Group Strategy Council receives thousands of questions from our members. As we settle into 2018, here's a look back at your peers' top questions from 2017—and our responses.

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What the future might hold for physician compensation

by Hamza Hasan and Sarah O'Hara February 5, 2018

Across the last decade, most health system-owned medical groups have evolved how they pay employed physicians, shifting from compensation based purely on productivity to incorporate incentives for other imperatives necessary to succeed in a value-based world.

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Are last minute no-shows killing your practice?

by Nate Comstock January 23, 2018

Nate Comstock

As a former medical group executive, one of the most common complaints I received from our physicians was "these no-shows are killing my practice!" The no-show dilemma is not a new phenomenon, and there are numerous strategies—both new and longstanding—to mitigate their negative financial and operational impact.

However, an increasing abundance of data now allow physicians and leaders to evaluate their practice patterns in ways that were not possible before.

Take a second look at your no-show rate

While recently working with a 190+ bed hospital in the Northeast, we learned that the organization's primary care group was operating at near-best practice levels with an outpatient no-show rate around 5%. However, upon further investigation, we found something interesting: There were a large number of appointments that had been cancelled or rescheduled—more than offsetting the benefit of their best-in-class no-show rate.

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Your 10 favorite Practice Notes blog posts of 2017

By Hamza Hasan and Daniel Kuzmanovich January 5, 2018

Well, 2017 flew by! Outside of health care, a new administration took office, the moon blocked the sun, the nation faced several natural disasters, Amazon bought Whole Foods, and the New England Patriots came from behind to win the Super Bowl. In health care, "repeal-and-replace" of the Affordable Care Act came and went (and came and went), several mandatory bundled payments programs were repealed, and MACRA took effect.

As we move into 2018, it's time to reflect on what mattered most to our members. While policy dominated the headlines, many evergreen medical group priorities also drew significant attention.

In case you missed any, here are the 10 most popular Practice Notes blog posts from 2017, organized by topic:

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How the medical group of the 1800s should inform your 2018 strategy

Ron Charpentier, MBA December 11, 2017

Ron Charpentier

As a health system or physician enterprise leader, you're always working to align employed physicians and other medical group stakeholders to a cohesive system perspective. At its core, alignment is about transforming the physician enterprise into a unified medical group in line with the system's vision and positioning it to become a performance engine. But many of the health care leaders I speak with struggle to achieve this accord, and consequently do not see the value they expected from their employed physician practices.

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Improve your physician recruiting in 4 steps

by Hamza Hasan and Sarah O'Hara November 28, 2017

Competition for physician talent has gotten intense.

As just one indicator of the current market's frenzy, consider that 50% of final-year residents surveyed in 2017 had been contacted more than 100 times about potential practice opportunities, up from just 6% in 2008. And competition for the narrower pool of candidates willing to work in rural or other "less desirable" geographic areas is even more difficult.

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Put your medical group data into action

by Hamza Hasan and Rachel Woods November 15, 2017

Earlier this year, the Medical Group Strategy Council released the 2017 Medical Gmeroup Benchmark Generator to help medical groups across the country achieve their strategic priorities. With data limited to employed medical groups, this benchmarking tool is specifically geared toward the needs of integrated delivery systems. 

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Why APPs are the perfect fit for retail clinics

by Hamza Hasan and Jasmine DeSilva October 28, 2017

An Advisory Board survey found that being able to walk in without an appointment and be seen within 30 minutes is the top consumer preference for a primary care provider. But physician shortages, appointment backlogs, and maxed-out physician panels make meeting this demand nearly impossible for most primary care clinics.

To meet the growing demand for timely access, many groups are opening retail clinics. These clinics provide convenient locations with extended hours—and the opportunity for medical groups to compete with the nearly 2,800 retail clinics nationwide.

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