HealthLeaders Media PhysicianLeaders - April 16, 2009 | The Price of Physician Leadership View as a Webpage | Subscribe for Free
The Price of Physician Leadership
Elyas Bakhtiari, Managing Editor

Physician leaders are more valuable than ever. At least, that's what hospital and practice leaders keep telling me. While leadership in general is a point of emphasis in difficult times, executives realize that there are limits to what an administrator with an MBA can accomplish when it comes to working with doctors on quality improvement, joint ventures, call coverage, and a whole host of other pressing issues. [Read More]
  April 16, 2009
 
Editor's Picks
Lawsuit Demands Payment Parity
A class action lawsuit in California seeks to have Medicare revise its formula for determining geographic differences in physician payment, alleging that Medicare is underpaying between 10% and 25% in 175 higher-cost counties across the nation. The antiquated calculation is just another example of the flaws in the current payment system. While the formula intends to account for regional variations in the cost of living and practicing, it is often inaccurate, and officials can't increase compensation to one region without lowering it in another. [Read More]
Pills cut into pay for cancer docs
This is an interesting glimpse into the business of medicine. Oncologists have traditionally made money from cancer drugs that they buy wholesale and administer in their offices. However, as new pills are being developed to treat certain cancers, patients can simply pick up the medication from the pharmacy, cutting out a revenue source for the physicians. Some doctors say the trend is raising operating expenses. But the way forward is to change with the times: Some oncology practices are opening pharmacies as an ancillary revenue stream to capture profits from oral cancer drugs. [Read More]
FTC Approves TriState's Clinical Integration
TriState Health Partners, Inc.'s clinical integration program cleared a major hurdle this week when the FTC issued an advisory opinion that the innovative program does not pose an antitrust threat. The physician-hospital organization owned by 212 physicians and the Washington County (MD) Hospital became the third group in the country to receive a favorable FTC advisory opinion for its clinical integration program. These types of arrangements are becoming more common, and the FTC seems interested in letting doctors and hospitals pursue them as long as the drivers are clinical integration and better care delivery, rather than just capturing market share. [Read More]
Broadcast your brand
This piece from American Medical News offers some good tips for doctors about how to brand themselves to attract the types of patients they want. It is not a topic that is always front-of-mind for physicians, but if you're in private practice and essentially running your own business, marketing is very important. Doctors that don't like the idea of marketing themselves might find a better home in a large group or at a hospital that has institutional brand recognition. [Read More]
Are You Part of a Top Leadership Team?
HealthLeaders Media is gearing up for its fifth year of the Top Leadership Teams in Healthcare program that recognizes the best in senior leadership teamwork at hospitals, health plans, and medical group practices. This year's winners will be honored during HealthLeaders Media '09: The Hospital of the Future Now, an event planned for October 15-16 at The Palmer House in Chicago. If you and your organization have an outstanding teamwork story to share, go to the Top Leadership Teams site to learn more about the six categories, download an entry form, and submit your entry. The deadline to submit is April 30. [Learn More]
Business Rx
Determine the Fair Market Value of Your Practice
Increasingly, health systems are acquiring private practices. Accordingly, it's more important than ever for physicians to understand what their practice is worth. That means they must understand the concept of fair market value. [Read More]
Physician News
Study author in medical journal disclosure flap has his say
Wall Street Journal Health Blog - April 16, 2009
Vermont doctors get $2.9 million cash, gifts from drugmakers
AP/Boston Globe - April 16, 2009
ACEP: Health Reform for EDs, Too
HealthLeaders Media - April 15, 2009
The doctor will see you: Log on now
Minneapolis Star Tribune - April 13, 2009

Audio Conferences/Webcasts
May 12, 2009: Service Lines Strategies Workshop: Cardiovascular Physician Alignment
April 29, 2009: Marketing Neurosciences: Service Line Strategies for Marketers
April 28, 2009: Compensation Packages to Recruit and Retain Physicians in Today's Economy
April 20, 2009: Service Lines Strategies Workshop 2009: Joint Replacement
From HealthLeaders Magazine
Jump . . . or Get Pushed
HealthLeaders March 2009
The tough decisions you don't want to make now—but may have to. [Read More]
Service Line Management
Redefining Cardio
The cardiovascular service line remains a dependable revenue generator for many hospitals across the country. But a shifting market full of new options for patients means organizations must find ways to differentiate themselves to keep it that way. [Read More]
PhysicianLeaders Forum

Physicians as Leaders: What's Missing? Charles Saunders, MD, of St. Luke's Health Network in Bethlehem, PA, and Bonnie Hagemann, CEO of Executive Development Associates, Inc. discuss the growing importance of physician leadership development. [Read More]
Audio Feature

Replacing Joints: Marshall Steele, MD, discusses trends in total joint care and offers a preview of the upcoming HealthLeaders Media Webcast, Service Line Strategies 2009: Joint Replacement. [Listen Now]
Sponsor PhysicianLeaders

Contact Lisa Brown, Director of Integrated Sales, at lbrown@healthleadersmedia.com or call 781.639.1872.
Resources From HealthLeaders Media

Improve patient satisfaction, CAHPS scores, and quality with the strategies and tools in Physician Entrepreneurs: The Quality Patient Experience.
Learn how to harness the power of a large organization, either by expanding the practice or partnering with hospitals, private investors, or other physician groups, with Physician Entrepreneurs: Strength in Numbers.
Read about the latest business strategies to help you grow beyond traditional practice models in Physician Entrepreneurs: Going Retail.
Start marketing your practice or refine your existing marketing program with Physician Entrepreneurs: Marketing Toolkit, a new HealthLeaders Media book that combines expert tips with marketing samples, tools, forms, and checklists that will help grow your practice.
MAGAZINE   |   NEWS   |   TERMS OF SERVICE   |   PRIVACY POLICY © 2009 HealthLeaders Media
If you prefer not to receive this email newsletter, you can unsubscribe here
HealthLeaders Media PhysicianLeaders is a division of HealthLeaders Media ©2009
HEALTHLEADERSMEDIA
5115 Maryland Way
Brentwood, TN 21027
Serving the business information needs of healthcare executives and professionals.