REIMAGINING OPERATING MODELS
Memphis, TN
RESULTS
Roadmap to reduce reliance on large national company hospitalists
New 100 bed hospital will be first pilot
Cost savings potential for pilot is over $800,000
Employed physicians will be evaluated on productivity as well as quality and patient experience
Joint contract discussions with national company in place
CHALLENGES
Auto renewal of hospitalist services contract with large national company system wide
Lack of annual joint contract discussions.
Performance incentives based solely on clinical productivity.
Incentives paid on “honor system”
Newly employed system hospitalists underutilized