"Eight Healthcare Leaders Share Physician Alignment Strategies" - Kelly Gooch
Hospital and health system executives realize collaboration with their physician partners is crucial for operational and financial success. The continued shifting to value-based care, along with financial pressures from dwindling reimbursement, deteriorating payer mix and other factors, is certain to make this collaboration even more crucial moving forward. "At Mount Sinai Health Network, which consists of nearly 9,000 physicians, the physician alignment strategy is multifaceted because we don't believe that one model fits all, particularly in the highly competitive environment of the metropolitan New York City area. The alignment strategy can be everything and is everything in our system from direct physician employment to creating part-time employment opportunities where appropriate, to creating a different physician practice alignment model, like captive professional corporations for acquiring and managing medical groups, or purchased service agreements,” said Arthur Klein, MD, president of the Mount Sinai Health Network.
- Arthur Klein, MD, President, Mount Sinai Health Network