Insights from Ludi

The Complexities of Physician Administrative Contracts

Posted by Michelle Harmon on Jun 8, 2017 10:55:53 AM

Our hospital clients have let us know that the handling of physician administrative contracts is a “hot potato” within their administrative team. Nobody seems to want to fully own the issues that come along with these complicated contracts; everyone seems to own a piece of physician administrative contracts such as compliance, medical staff offices, hospital administration, legal teams and the finance department.

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Topics: physician contracts, physician management, physician administrative contracts

Physician Agreement Management Pitfalls To Look Out For

Posted by Pascale Dargis on May 30, 2017 3:18:37 PM

Administrative physician agreements have been written for your physicians with help from your legal department or counsel. The clauses are there to be followed for numerous reasons. Perhaps it is to meet your organization’s goals with the way you align with doctors as well as for a variety of compliance reasons. Whatever the reason, it’s important to handle your physician agreements in the way they’re written, even if they’re complex. Failure to do so leaves room for incredible consequences that can affect your organization in a variety of ways.

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Topics: physician agreements, physician errors, physician management, hospital management

3 Strategies to Cut Physician Expenditures

Posted by Gail Peace on May 17, 2017 12:15:00 PM

Hospitals pay a plethora of physicians in a variety of ways. Some are employed. Some manage the clinical components of service lines in tandem with hospital leadership in co-management arrangements. Some are service line leaders. Some provide on-call coverage for the hospital. Some teach residents or interns at the hospital.

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Topics: physician management, physician spending, hospital spending

4 "Worm Holes" in Physician Administrative Contracts

Posted by Michelle Harmon on May 1, 2017 9:30:00 AM

 

At Ludi, our sole focus is physician administrative contracts. These are the legal vehicles that contain a variety of administrative services that physicians provide to hospitals that are not clinical. These services include medical directorships, on-call, co-management agreements, and physician committee work to name a few. We work with various sizes of health systems and have noticed several patterns, regardless of size, that all hospital administrative teams fall into when automating their manual processes that currently support their payment processes and executive of their physician contracts.

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Topics: hospital compliance, physician contracts, physician management

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

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