Aligning Clinical and Financial Goals
Hospitals and physicians have always needed each other, but recent changes in the health care landscape, reimbursement and regulatory environments have underscored the importance of a strong alliance between the two. Increasingly, hospitals and physicians are taking a fresh look at developing better hospital-physician alignment strategies – not a matter of just sound business practice, but as a necessity for improving the quality and delivery of care and ensuring long-term viability in an era of value-based health care.
For most hospitals, the question is not why, but how they can align with their medical community to improve the quality and delivery of cancer care in their community. Effective Oncology physician integration strategies can ensure that the business and clinical aspects of the operation are properly aligned to support patients' needs.
This is where Oncology Solutions can help. We work closely with our clients to define the shared vision and goals of a partnership that structurally meets the needs of all parties, while satisfying all legal and regulatory requirements. We have assisted hundreds of hospitals and oncology groups in improving quality of care and establishing a framework for sustainable growth.
How We Can Help
- Identify the best alignment model: joint ventures, purchased services agreements, co-management models, clinical integration and other models
- Facilitate negotiation and term sheets
- Review and recommend compensation models
- Establish leadership and governance models
- Develop reimbursement and financial models
- Assist legal and valuation firms
As the field of oncology continues to evolve, hospitals and cancer care facilities need to find innovative ways to remain competitive and financially stable while meeting the needs of their clinical staff, and staying responsive to the health care requirements of their patients. Hospitals and cancer care facilities need to continually assess the effectiveness of their oncology physician integration strategies in order to achieve success.
As the nation's largest independent cancer consulting firm, Oncology Solutions understands the operational and financial intricacies of running hospital departments and oncology practices. For four decades, our experts have provided hospitals and oncology practices a wide range of operational and business planning services, and practice management solutions. Oncology Solutions has worked with freestanding cancer centers, hospitals, physician practices, academic medical centers, and NCI-designated centers in a variety of areas, and has assisted with more than 1,800 cancer-specific consulting engagements and the planning and development of 180 cancer center projects worldwide.
Our solutions enable healthcare organizations to identify optimal hospital-physician alignment strategies and ideal business models for their operation.
With the right alignment strategy, hospital and physician providers can improve operational efficiency, reduce costs, and enhance service integration and care coordination.