Insights from Ludi

Physicians Talked and We Listened: What a Doc-friendly App Actually Looks Like

Posted by Cooper McGoodwin on Jul 25, 2018 10:23:16 AM

These days it feels like every piece of software marketed for physicians promises to save time. But what ends up happening? You trade a 5-step process that you knew like the back of your hand for a “new” 4-step process that ends up taking even more time!

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Topics: physician contracts, physician management, physician logging, Physician Time Logging

Last Bucket Standing – Financial Management of Physician Contracting

Posted by Michelle Harmon on Jun 19, 2018 9:00:00 AM

Health systems are expanding and continue to acquire new facilities. This type of growth requires examination of all the legacy physician “deals” that are in place. Yet, at LudiTM, we often hear that examination of physician administrative contracts that include medical directorships, co-management, and shared or on call agreements are often put on the back burner for health system teams. We get it, management of physician contracts is messy, and teams do not get overly excited about having to deal with this process. Teams are short on time and people, so this is the bucket that gets pushed down the priority list or even completely ignored.

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Topics: physician spending, physician management, hospital management, hospital spending

The Hail Mary Play…3 Easy Ways to Minimize Physician Compliance Errors

Posted by Gail Peace on May 1, 2018 12:15:00 PM

Given that it is May 1 and you will likely be staring at a stack of 100 time logs from physicians who want to be paid, here are 3 tips for minimizing compliance errors:

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Topics: physician compliance, physician contracting errors, physician management

How to Employ Technologies that Don’t Torture Physicians

Posted by Michelle Harmon on Dec 19, 2017 8:58:33 AM

Physicians have not traditionally entered the workplace to lead or run businesses; they want to care for people, heal their communities, and make a good living. With all the complications in healthcare, regulations, how to care for patients and remain profitable, physicians are being tapped daily for “extracurricular” management work.

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Topics: Physician and Hospital Relationship, physician management, physician software

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 administrative contracts, physician management, physician 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 management, hospital management, physician errors

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 spending, hospital spending, physician management

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: physician contracts, physician management, hospital compliance

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 contracts, hospital compliance, physician agreements, 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