NC hospital turns practices around with productivity
Like many hospitals that owned physician practices or employed physicians in the mid-1990s, LexMedical, Inc., the physician practice arm of Lexington (NC) Memorial Hospital started out paying physicians fixed salaries-and got burned. After several years under the salary-based compensation model, operating performance dwindled to unacceptable levels, and physicians were underperforming on productivity measures compared to their peers in North Carolina and the rest of the country, says Anthony G. Mina, MBA, CMPE, executive director for LexMedical, Inc.
- ICD-10 Delay Alters Provider, Vendor Prep
- Providers Lag as Consumers Set Agenda
- Payment Reform Naysayers 'Better Wake Up'
- As Hospitalist Patient Loads Rise, So Do Hospital Costs
- HIT Leaders Want Flexibility, Transparency from Next HHS Chief
- Crisis Spurs Healthcare Payment Reform in Arkansas
- Esther Dyson Launches Population Health Challenge
- Reduce Readmissions by Activating Patients to Do 'Self-Care'
- Advance Directives: Let's Make a Law
- Hire Care Coordinators Strategically