Utilizing Physician Extenders to Achieve Group Practice Initiatives



Similar documents
Advance Practice Provider (APP) Compensation Models: Promoting Team Based Care. Wayne M. Hartley, Vice President AMGA Consulting Services

Successful Medical Practice Management: Beyond the Beans

INDUSTRY PERSPECTIVES. Chris McDonald, Regional Vice President, Delta Locum Tenens. As many talented physicians adopt locum

2002 Physician Inpatient/Outpatient Revenue Survey

Medical and Health Services Managers

ASA Medical Services Company Brochure

Referral Strategies for Engaging Physicians

Survey PRACTICE AND COMPENSATION EXPECTATIONS FOR PHYSICIAN ASSISTANTS mdainc.com

Issue Brief. Diversification or Specialization: Lessons From the Redesign of Orthopedic Surgery in Two Competing Hospitals

Implementing an ISO 9001 Quality Management System in a MultiSpecialty Clinic By James M. Levett, MD, FACS, FACHE

Evolving New Practices in Hip & Knee Arthroplasty: It Takes A Team! CCHSE National Healthcare Leadership Conference June 11-12, 2007 Toronto

Health Care Services Overview. Pennsylvania Department of Corrections

MGMA Cost Survey: 2014 Report Based on 2013 Data. Key Findings Summary Report

Why Less Is More: Embracing the Niche Network Model for Joint-Venture ASCs

Everything You Thought You Knew About the Physician Shortage: The Specialty (Neurosurgical) Perspective

Employed Physicians: Leadership Strategies for a Winning Organization

Evolving UM SOM Clinical Practice as the Healthcare Environment Changes

VHA CENTRAL ATLANTIC COMPENSATION PLAN REDESIGN. Karin Chernoff Kaplan, AVA, Director, DGA Partners. January 5, 2012

Gary Swartz, JD, MPA Associate Executive Director AAHCM

ADVANCED PRACTICE CLINICIAN PAY WHAT'S HAPPENING AND WHAT'S COMING

It Takes Two to ACO A Unique Management Partnership

David Ramos, MD, MPH, FACC Managing Physician ColumbiaDoctors of the Hudson Valley

BUSY ENDOCRINOLOGY SINGLE-SPECIALTY PRIVATE PRACTICE

Resident will learn independently in addition to scheduled didactics. Learning is centered on the 7 core competencies as follows:

Purpose of the Survey

Onsite Health Clinics THE PAST, THE PRESENT AND THE FUTURE

What do ACO s and Hospitals want from SNF s and CCRC s

Compensation 2013: Evolving Models, Emerging Approaches

The new Stroke Nurse Practitioner candidate position at Austin Health

Implementing a Medical Device Module in the EHR

Title goes here. Performance Management in the Rural Health Clinic. Idaho Bureau of Rural Health & Primary Care November 5, :45 p.m. 1:45 p.m.

Post-Graduate Nurse Practitioner Residency in Community Health. Lana Sargent FNP-C, GNP- BC Miguel Olmedo DNP Michelle Barth, FNP Resident

Physician Compensation: Where the Market is Going

Michael Friedman, MPT, MBA CURRICULUM VITAE

Physician Compensation: Where the Market is Going

How To Run A Hospital

INDUSTRY PERSPECTIVES

Medical Sales In-Vitro Diagnostics

Presented by: Bill Clayton & Ryan Peters wclayton@cshco.com rpeters@cshco.com

Global Lab for Innovation

SCRIBES IN CLINICAL PRACTICE

How To Pay For Health Care

11/24/2015. State of In-House Physician Recruitment

Clients.

ASMBS Compensation and Practice Style Survey

PHYSICIAN AFFILIATE GROUP OF NEW YORK (PAGNY)

Telehealth Pilot Project. California Health & Wellness 6/9/2015. Region IX Leadership Institute

Medical Management Requirements Effective January 1, 2008

Affinity s Medical Home Journey Operational, Clinical and Financial Perspectives

Physician Leaders Feel the Economic Pinch

VNS CHOICE: Managing Complex Care Needs for the Frail Elderly of New York City. Roberta Brill Vice President, VNS Health Plans

AAPA ANNUAL SURVEY REPORT

INNOVATION TITLE: HOSPITAL: Innovation Category: select all that apply

SUPPLEMENTAL MATERIAL

Panel Presentation: econsult. Dr. Rob McFadden, Chief of Respirology and Hospital Chief of Medicine, St. Joseph s Health Care

Managing Images Across the Enterprise. Kim Garriott & Louis Lannum July 30, 2015

The new Cardiac Nurse Practitioner candidate position at Austin Health

Stephen Mlawsky, MD. Summary. Experience. CEO, Founder, Director, IatroCom

Telehealth: Today & Tomorrow National Health Policy Forum

elearning 5.7 Curriculum Guide >> Knowledge Base Module (KBM) 8.1

Accountable Care Organizations. Rick Shinto, MD Aveta Health Inc. July 20, 2010

Introductory Presentation Joseph Hlavin

Physician Compensation Planning: Beyond the Basics. Copyright Medical Group Management Association (MGMA ). All rights reserved.

Glossary of Health Coverage and Medical Terms

Physician Practice Acquisitions

COM Compliance Policy No. 3

Online Supplement to Clinical Peer Review Programs Impact on Quality and Safety in U.S. Hospitals, by Marc T. Edwards, MD

Compensation Alignment: The Journey to One Dartmouth-Hitchcock. Clifford J. Belden, MD Chief Clinical Officer Dartmouth-Hitchcock

To Be or Not To Be Independent, That Is The Question. Lisa Chase Law Offices of Lisa Chase, P.C.

Physician Referral Guide

Developing a Results-Driven Onboarding and Mentoring Process for Physicians

DRAFT. Select VHA ENTERPRISE STANDARD TITLE:??

Unifying Compensation:

Evaluating Your Hospitalist Program: Key Questions and Considerations

UIC College of Medicine Compliance Plan/Program

StaffingForce direct and interim staffing services are available throughout the U.S. and in 45 other countries on six continents.

WHAT DO WCRI STUDIES SHOW ABOUT HOW PRICES PAID BY WC AND GROUP HEALTH PAYORS COMPARE?

RVU BASED PHYSICIAN COMPENSATION AND PRODUCTIVITY

Organization and Job Profile

Coventry Health and Life Insurance Company PPO Schedule of Benefits

Triple aim of ACA. Shanty Creek, November Improved patient experience easier acess 2. Improved quality of healthcare 3.

Emergency Department Directors Academy Phase II. May 19-23, 2014 Dallas, TX. Breakout Session III: Hiring and Retention - Transforming the Workforce

Disclaimer. Knowing Your Worth: Calculating Your Productivity. Definitions. Disclosure

Why it is Cost Effective to Use a Physician Search Firm

UAB HEALTH SYSTEM AMBULATORY EHR IMPLEMENTATION

MINISTRY OF HEALTH ELECTRONIC MEDICAL RECORDS

Transcription:

Utilizing Physician Extenders to Achieve Group Practice Initiatives

Your presenters Debra Johansen, MBA, CMPE Chief Operating Administrator, HealthFirst Medical Group, Melbourne FL Richard Baney, Jr, MD, MBA Internal Medicine Physician; Medical Director, HealthFirst Medical Group, Melbourne FL Physician Extenders: Introduction

The presentation Rationale Application History and development Data Physician Extenders: Introduction

HealthFirst Medical Group MIMA was an independent 150 provider multispecialty group practice, recently acquired by HealthFirst Inc. HealthFirst, Inc combined their 130-provider HealthFirst Physician group with MIMA physicians to create HealthFirst Medical Group Physician Extenders: Introduction

HealthFirst, Inc. Integrated healthcare delivery system in Melbourne, FL: 4 hospitals (900 beds total) Commercial and Medicare Health Plan Ancillary services: home health, hospice, physical therapy, DME, etc. HealthFirst Medical Group: 246 physicians, 66 mid-levels, 35 specialties Physician Extenders: Introduction

Why utilize physician extenders (mid-levels)? Plentiful supply of candidates Short time from recruit to start Often reside locally; familiar with available health services, residents, organizational culture Extenders are malleable, provide support for evolving practice initiatives Physician Extenders: Rationale

How to use physician extenders Improve timely access to care Expand intake points in system Increase provider face time with patients, improving patient satisfaction and potentially compliance and outcomes Physician Extenders: Rationale

How physician extenders support the physicians Allows PCP to expand panels Provides an intake point for preventive care, screening services Generates referrals to diagnostic modalities and medical specialists as indicated Facilitates work-up and referral of surgical patients Physician Extenders: Rationale

How physician extenders support the Quality initiatives Cost saving initiatives Patient access Referrals group practice Adherence to compliance and regulatory requirements Fast recruitment process Easy dissolution if not a match Physician Extenders: Rationale

How we use our extenders Company funded: Walk in clinic providers (base rate only) Cardiology testing (base rate only) Clinical practices (base rate and productivity bonus) Physician funded: Dermatology (base & bonus at MD discretion) Physician Extenders: Application

From pilot program to profit center 2009: MIMA was competing for short supply of Primary Care Physicians Felt physician extenders might be a solution Successful pilot with one employed Internal Medicine ARNP Next IM ARNP not successful Physician Extenders: History & Development

Lessons learned Developed clear protocols and disclosed expectations in interviews Productivity bonus and sharing of quality awards provides motivation Bonus based on a share of profits contributed to entrepreneurial behavior; extenders were productive and became good stewards of resources Physician Extenders: History and Development

Lessons learned cont d New graduates are often easy to train and adapt well to group culture Working with educational institutions to supervise clinical rotations provides insight into suitable candidates for employment Physician Extenders: History & Development

2012 As an independent group practice, MIMA had 31 physician extenders total, 13 in clinical practice settings: primary care, GYN, Pain Management, Endocrinology, Orthopedics, Vascular Surgery and Neurology. Extenders provide service, stimulate the group practice, and generate a good net profit Physician Extenders: History & Development

Pilot Program Revenues: Company funded extenders with clinical practices 2012 # extenders Change from prev. qtr profit Q1 3 -- $120,000 Q2 10 +7 $150,000 Q3 11-3, +4 $150,000 Q4 13 +2 $220,000 Physician Extenders: Data

Other advantages Primary care extenders provide valuable screening A primary care extender averages 500 specialist referrals per year Our primary care and specialty extenders ordered over 21,000 ancillary services; injections, labs, and imaging, which generated over $500,000 in ancillary fee for service payments Physician Extenders: Data

The role of the supervising physician Provides clinical oversight Mentors and trains as needed, signs off on orders and documentation as indicated Receives 15% of revenue as a supervising stipend Physician Extenders: Data

Contract vs. No Contract Either model works Contracts should be relatively soft Non-compete is specialty and market dependent Strive for consistency, note variances in addendum Physician Extenders: Data

Compensation model A ARNP/PA: Base salary just below market Plus productivity bonus, calculated at a rate per wrvu bonus, paid quarterly Supervising Physician 15% of collected revenue paid as stipend Physician Extenders: Data

Compensation model B ARNP/PA: Base salary at low end of market Plus productivity bonus; calculated as a percent of profit. Two tiers based on net revenue Supervising Physician 15% of collected revenue paid as stipend Physician Extenders: Data

Compensation model C ARNP/PA: Base salary at low end of market Plus productivity bonus, $15 per wrvu beyond target Supervising Physician 15% of collected revenue paid as stipend Physician Extenders: Rationale

Discussion Physician Extenders