Insights from Ludi

Contract Management Systems: What They Do (and Don't Do)

Posted by Michelle Harmon on Apr 19, 2017 8:59:21 AM

Hospitals and their many contracts have long been determined as a problem to manage. Several organizations have created top-of-the-line software for hospitals to eliminate paper, wasted time, and automated preparation for those looming threats of an audit.

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Topics: time management, physician contracts, contract management systems

Creating an Optimal Medical Directorship Contract

Posted by Michelle Harmon on Apr 12, 2017 9:02:51 AM

Hospitals need physician partnerships in nonclinical settings and activities. Many hospitals often choose physician arrangements known as “medical directorships." These arrangements designate a physician leader to be responsible for a number of activities related to the delivery of medical care and clinical services. The "activities" typically include things like cost management, utilization review, quality assurance, and medical protocol development. Medical directorships are a popular partnership vehicle to assist the hospital in necessary clinical administrative leadership. They also align their physicians as partners for smart and intuitive direction. Read on to learn what should (and shouldn't) exist in an optimal medical directorship contract.

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Topics: physician contracts, physician compliance, physician duties, medical directorships

Why Physician Contracts are Like Icebergs | A Webinar by Ludi

Posted by Pascale Dargis on Apr 5, 2017 11:45:20 AM

Managing your hospital’s relationships with physicians can seem nearly impossible due to the compliance landscape that surrounds them. In order to keep your physicians happy and your hospital compliant, you need the right physician management strategies in place, beginning with the physician contract.

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Topics: physician agreements, hospital compliance, physician contracts, physician management, webinar

4 Physician Contracting Errors You Can’t Afford to Make

Posted by Pascale Dargis on Mar 21, 2017 9:22:27 AM

Physician administrative agreements are complex largely because of the challenging compliance regulations they must follow. Based on the thousands of agreements we’ve read on behalf of our clients, there is a cycle taking place where the agreements are getting more complicated as the compliance landscape becomes more rigid. This can create a series of problems when it comes to writing and managing these agreements over time. Take a read through the physician contracting errors that we’ve seen throughout agreements that can cause both short and long-term problems.

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Topics: revenue cycle management, physician errors, physician contracts

How to Construct the Optimal Physician Contract

Posted by Gail Peace on Mar 14, 2017 1:48:31 PM

Physician contracts should, in theory, be created using templates as a best practice. The reality is that physician contracts are like snowflakes: it’s difficult to find two that are alike. In practice, having too much variation in your physician contracts can be detrimental to the organization. High level of variation can lead to operational problems while trying to execute agreements.

Ludi has had the pleasure of reading close to 7,500 physician contracts in the last three years. From this experience comes a tip sheet on how to construct the optimal physician contract.

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Topics: physician agreements, physician contracts, physician management