New models of care and compensation require new approaches to working with physicians. Five practices can help mesh these with a health care system's strategy.
Health system executives for multiple reasons are working to collaborate more closely with physicians, but their approach often is based on out-of-date assumptions, according to consultants at Oliver Wyman Health.
Driven by the transition to value-based care and reimbursement in the hospital field, health system executives want to get their physician staff members aligned with the system’s priorities. Yet, because historically alignment strategies were within the old model that focused on admissions, referrals and procedures, health systems often need to revamp their alignment strategies.
These are the five principles to do that:
- Get early buy-in.
- Identify physician partners.
- Develop a portfolio of strategies.
- Give physicians a more powerful voice.
- Update incentive model.
Some of the principles affect the design of alignment strategies, others, the implementation. “Adhering to these principles will enable success whether a system is well on the way to fee-for-value, still in a predominantly fee-for-service environment or operating in a hybrid model,” wrote the authors, Bruce Hamory, M.D., chief medical officer of the Health & Life Sciences practice of Oliver Wyman, Graegar Smith, principal, and Rohit Singh, engagement manager.
Read the full commentary at Hospitals & Health Networks.