Physician/Hospital Relationships
The current economic and regulatory environment and the surge in specialist physician requests for employment, is driving an increased need for alignment between children’s hospitals, pediatric physicians and their university partners. This need for better alignment and shared goals is driving structural changes to existing agreements and affiliation terms.
Examples of changes in pediatric organizations include:
- Joint venture physician practice plan development.
- Employed physician group development.
- Research and other academic investment analysis.
- Teaching arrangements and associated payments refinement.
- Stark technology donations analysis.
- Call coverage, medical direction, or other services purchased from physicians analysis.
ECG brings literally decades of experience to creating effective, sustainable physician-hospital arrangements. Our understanding of current trends and potential options, given the current economic environment and path of regulatory reform, proves time and again to be an invaluable client resource.
Selected Projects
Evaluating an affiliation agreement and financial arrangement between a children’s hospital and a university partner. Expand Minimize
Creating an aligned multispecialty employed physician group structure for a large freestanding children’s hospital. Expand Minimize
A children’s hospital pursued an employed physician group structure in order to create improved strategic and financial alignment between the hospital and its medical staff. ECG assisted the hospital and physicians to successfully create and deploy oversight functions, to define and implement a new management structure, and to establish financial and operating policies for the employed physician group.
Designing a joint venture pediatric faculty practice plan in partnership with an affiliated university. Expand Minimize
ECG was retained to assist a freestanding children’s hospital and university partner in developing a joint venture practice plan encompassing pediatric subspecialists and surgeons. Our consultancy engagement encompassed developing affiliation terms around the new joint venture, and developed operating, management and financial structure for the pediatric practice that were acceptable to the contracting parties.
