In this episode of Captain Integrity, Bob Wade delves into the intricacies of employing hospital-based specialists alongside Joe Aguilar and Natalie Bell, seasoned Partners at HMS Valuation Partners. Together, they explore the pivotal concept of meeting in the middle to effectively share the risks involved. They emphasize the importance of crunching the numbers, highlighting the necessity of meticulous calculations in decision-making processes. Moreover, they elucidate why embracing risk-sharing strategies is paramount and delve into the ensuing outcomes once the plunge is taken.
The discussion extends to the critical aspect of determining the stipend, shedding light on the methodologies and considerations involved in this pivotal aspect of physician employment. Furthermore, the trio delves into the realm of revenue cycle management, unraveling the complexities and offering insights into optimizing revenue streams within hospital-based specialist employment frameworks. Through their expertise and experience, Aguilar, Bell, and Wade provide invaluable guidance and strategic perspectives for navigating the dynamic landscape of healthcare employment.