Hospital-Based Physician Relations
Recently, the healthcare industry has seen significant changes in hospital-based physician specialties, including anesthesia, radiology, and emergency medicine.
Anesthesia Contracts
In anesthesia, the supply of providers has diminished, while hospitals have experienced an increased volume in surgical services and anesthesia sites. Compensation has increased dramatically, with approximately 70 percent of hospitals providing subsidies to their anesthesiologists.
Radiology Contracts
For radiology, changes in technology combined with a shortage of providers creates significant challenges, both in compensation of providers and in provision of imaging services. Freestanding imaging centers and physician office-based services are in direct competition with hospitals for diagnostic and interventional studies. Radiology equipment continues to be a high-dollar investment.
ED Call Coverage
In the emergency department, provider shortages are less acute than in some specialties; however, the rise in uncompensated care coupled with increased emergency department utilization requires more financial support from the hospital. Furthermore, the recent trend toward hospital payment for on-call services results in dramatic cost increases for the hospital with little or no increase in revenue.
What Should You Do?
ECG thoroughly understands the challenges of managing relationships with hospital-based physicians and can help you preserve positive physician relationships while improving the hospital’s competitive position. Our areas of competence and experience for hospital-based physician services include:
- OR efficiency evaluation.
- Group operations assessment.
- Compensation evaluation and benchmarking.
- Subsidy calculation, including service and quality incentives.
- Service agreement development and negotiation.
ECG has in-depth knowledge and experience that combines technical expertise with sensitivity to the relationships within your organization. Our focus is on solutions that will preserve organizational resources while enabling stable, long-term relationships with hospital-based physicians.
