Projected cost variances for selected over-running capital infrastructure projects
Note: Percentage variances between market-advised cost projections and original estimates for selected capital infrastructure projects
Source: Publicly available material and Ernst & Young analysis
What methods are you using to gauge physician contentment with, and loyalty to, your organization?
For physicians and hospitals alike, aligning interests has been a long and challenging quest.
Traditionally, alignment was seen as a way to protect or increase market share.
But as US health care moves toward a value driven care and payment system, physician hospital alignment plans that support clinical and financial goals will be critical to managing care more effectively and economically.
High performing organizations will need to develop formal integration plans that better connect physicians to the strategic process, increase their level of influence in decision-making, and advance shared goals for costs, quality and outcomes.
Different models for different needs
Source: Ernst & Young, 2011.
Considerations for your board and executive leaders
Strategic planning: What is your track record with physician integration? Which alignment options resonate with your physician community, and which do not?
Physician engagement: To what degree are physicians engaged in system issues and decision-making within your organization?
Compensation: How are you involving physician leaders in designing compensation plans?
Culture: What methods are you using to gauge physician contentment with, and loyalty to, your organization?
<< Previous | Next >>