The recent policy of the government to freeze rebate on Medicare has raged a debate in USA. It is argued that the freezing of rebate would mean that the doctors would be losing about $2.74 per consultation in 2015-16 and up to $8.43 per patient in 2017-18. This policy is thus likely to harm the interests of the doctors and other medical practitioners. Therefore, the doctors need to develop a High-Performing Physical Network to tide over the problem and assure their own survival. Here let us see that how they can do this.
Tips to Develop a High-Performing Physician Network
Apart from the social service issues, medical practice is itself a business that needs to be worked in a professional and business style. So the doctor s need to build a business strategy to stay head and above the others in their profession. After all this is not all about your professional efficacy, but marketing as well.
- Hire right executives to lead the physician network
An experienced network leader is hard to come by. Therefore, you will need to conduct a wide, national level search for an experienced executive who can lead your network properly. You need to spend money on conducting the research and when done, even a higher pay for an efficient leader would be worth the money spent. The selection process needs some sort of predictive behavioral tools to gauze if the person you intend to select fits in your bill of a network leader or not.
- Create a brand name for your organization
For growth of your medical organization, it is important that the markets resound with your name. Brand recognition is something that comes not merely with hard work and the quality of services delivered but adopting certain market strategies that will enable greater reach of your medical organization among your clients.
- Lower cost and manage quality
The recently developing health care plans have ranking of the various network physicians who are evaluated in the basis of the quality and cost of services provided by them. This simply translates to mean that the ones who score higher in this rank are also likely to gain more clientele. This ranking is an indicator for the physicians too to rework costs and work on quality control within their institutions.
- Management Outsourcing
Managerial specialization is one way of gearing up your medical network. Let those who know the job best, do the job. This simply translates into outsourcing the managerial part of your hospital. This will not only revamp the way your hospital works but it is in fact crucial for the working of the hospital as crucial voids that you might not even noticed before will be filled in by it.
- Build a strong work team
No matter who your physical network coordinator is or what your brand is, it will make little sense unless the core team consisting of doctors, staff nurses and attendants do not imbue in them the attributes of service to the patients. The guiding principles for the working of your organization should not be profit but service. This is one dictum is something that you should never forget or fail. This will win the trust of the patients and in the ultimate help to build a bigger network for you organization.
These tips will certainly help your hospital’s network to gear up itself for the challenged that it is likely to face in the coming years in 2018.