Hospital teams often have difficulty accessing a key financial metric in physician compensation called, "physician spend" - the total dollar amount spent on every physician contract, enterprise-wide. Measuring physician spend ensures your organization is aligned with the right physician partners and you're well-positioned to accomplish long-term strategic and financial goals. And that's why our latest spotlight series focuses on this important topic. Enjoy!
In this white paper, we'll break down the basics of physician spend: what it is, why it's important and how to access it so you can enhance your hospital's business strategy.
Locum Tenens: A Staffing Reality for Hospitals with a Big Financial Implication
Locum tenens has transformed the way hospitals tackle the staffing crisis caused by COVID-19. But managing these contracts and their corresponding payments can be difficult if you're not leveraging automation.
Failing to address physician contract spend at your hospital now might just come back to haunt you later. By identifying and optimizing physician spend, you can unlock hidden potentials and pave the way for a more prosperous future.
How to Achieve an Innovative Physician Payment Strategy: The CFO Perspective
Hospital CFOs and their teams have a multitude of responsibilities on their hands. Among them is the task of effectively handling the financial arrangements of their physician teams. Hear the story of one CFO who triumphed in this endeavor by launching a truly innovative approach with automation.
