There are a large number of integrations going on accross North America. Some of them are constructed properly and some are set up for failure. In this insightful short video, Jim Palazzo, President of Paragon Health, describes an integration gone bad and the lessons we can learn from it.
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Lessons Learned from an Integration Gone Bad
Practice Leasing and Changing Cardiovascular Models
Dr. George Rogers talks cardiology practice leasing as an alternative to cardiology practice integraton. The lease model allows cardiologists to retain control of their practices, while staying aligned around the management of the cardiovascular service line with the hospital. Alignment around improved care is also a key outcome of this kind of model. Rogers also discusses the perspective of the hospital when looking at a possible intragraton with cardiology practice.
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Pat White on Changing Cardiovascular Models
Pat White with MedAxiom talks about tends in cardiovascular practice and hospital integration. He talks about how recent regulations have impacted the fee schedule for cardiology. He also discusses the challenges with practices that chose not to integrate with hospitals. Finally, White discusses clinical co-management agreements between cardiologists and hospitals, whether a practice is integrated or not – and how alignment around the cardiovascular service line is critical.
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Dr. Mike Valentine on Changing Cardiovascular Models
Dr. Mike Valentine discusses the recent stressful changes in private practice cardiology. He talks about new ways cardiologists and hospitals have become aligned in this new environment. He discusses the cultural differences between hospitals and cardiologists and how this can help or hinder integration. Valentine also talks about horozonal integration of the three to four man groups of cardiologists as compared to the large practice groups. Finally, Valentine discusses how cardiologists can create value in the next evolution of cardiovascular care.
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Perspectives on Cardiology and Hopsital Integration
Dr. Valentine discusses how goverance is one of the most important factors cardiologists need to look at as they consider integration. Matt Phillips talks about what a practice looks like after an integration and the need to improve internal governance. Cathie Biga addresses strategic and operational considerations for cardiology and hospital integration.
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