For Hospitals
Considering today’s environment, particularly PPS, many
rehabilitation facilities are outsourcing their medical direction in order to
cut costs and to better streamline their organization. Whether it is creating a
new practice to support the needs of your facility or creating a private
practice from your currently employed Physicians, the potential rewards are
significant.
Mutually Beneficial Partnership For the Hospital
- Eliminate Physician Salaries
- Reduce Operation Costs
- Attract Higher Qualified Physicians
- Develop Additional Rehab Revenue
For the Physicians
- Increase Compensation
- Private Practice Opportunities
- Diversify practice; expand procedure base
- Focus on individual areas of interest
Reduce Hospital Operating Costs: The hospital
will realize significant savings by the elimination of physician salaries and
associated overhead.
Strengthen the Hospital/Physician Partnership: By supporting this new private practice structure, the hospital is providing
these physicians an opportunity to prosper and potentially generate
significantly more income than as an employed physician. In turn, these
physicians will value their relationship with the hospital and understand that
their success is congruous with the success of your rehabilitation facility.
This mutually beneficial partnership is also strengthened by the fact each
share similar incentives; both are motivated to keep utilization high,
effectively manage length of stay and help proficiently administer PPS
legislation.
Attract Higher Qualified Physicians: Private
practice opportunities attract a different class of Physicians. Ones who are
more aggressive and more entrepreneurial in nature.
Create a Comprehensive Rehabilitation Product
Line: This new practice structure will encourage the development of a broad
based continuum of rehabilitation care. Future possibilities include a hospital
sponsored pain management clinic, the introduction of cutting edge procedures
and comprehensive rehabilitation care. This scenario benefits the hospital, the medical practice and more importantly the
rehabilitation patient community.
MMS has helped rehabilitation facilities across the country
accomplish these objectives and as a result, they are realizing a significant
cost savings while at the same time getting increased production and commitment
from the Physicians.