Shifting reimbursement models are forcing hospital executives to rethink their approach to physician relationships. New cost and quality demands require hospitals to explore all alternatives—including tighter alignment with physicians. This book provides expert advice on structuring and sustaining hospital-physician relationships in the post-reform environment.

This comprehensive guide discusses:

• Strategies for successful acquisition and integration of physician practices, including advice on managing the transaction, governance and management structures, sustainable physician compensation models, and optimized revenue cycle operations
• Alternative alignment strategies for physician practices that remain a separate legal entity, such as joint ventures, clinical comanagement arrangements, accountable care organizations, and the use of information technology
• Special considerations for physician practice acquisitions, including fair market value compliance and the implications of payment reform