Physician Spend: The New Financial Category Critical to Your Hospital's Bottomline

Thursday April 25th, 2019 | 1:00pm - 2:00pm CT

Many hospitals and health systems continue to overlook a key aspect in their financials called, “physician spend” – the total dollar amount an organization spends on their physician contracts. This often-hidden data point is becoming more crucial these days though, as many hospitals face razor-thin margins. And understanding physician spend is the antidote.

Learning Points:

  • Develop a consistent definition of “physician spend,” learn how to calculate it for your organization and what it says about your physician-contract strategy
  • Understand how to leverage your physician spend data to improve the way you manage payments to your physicians
  • Hear a case study from a hospital executive that leveraged physician spend to cut costs and improve their reimbursement on the Medicare Wage Index

 

Presenters:

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