5 Vital Business Signs for Medical Groups
Meanwhile, the growing prevalence of value-based reimbursement is driving medical groups’ emphasis on quality, says Scott Hayworth, MD, FACOG, president and CEO of CareMount Medical, PC, an independent multispecialty medical group in New York State, with 43 locations, including seven urgent care centers.
"We’re focused on quality and cost. And if we can provide patients with quality healthcare in a cost-effective way, that’s the key. That’s where many organizations are being driven, and that’s where we have been focused and will continue over the next five to 10 years," he says.
A Fifth Vital Sign
A healthy workforce is of prime importance for CareMount as well, says Hayworth, noting the symbiotic nature of many of the key areas medical groups track.
"We’re centered around our 550,000 patients; they are the primary responsibility of the organization," he says.
"On top of that, CareMount is focused on our employees and our physicians. In addition to patient satisfaction and quality, we are very interested in staff and physician morale—because if you don’t have engaged staff members, you’re not going to provide excellent care."