Envisioning the future of the medical field practice
Memo
Name:
Professor
Institution:
Course
Date
MEMO
TO: Group Practice Physicians
FROM: Chair of Board of Directors
DATE: August 16th, 2011
SUBJECT: Envisioning the future of the medical field practice
There are a lot of issues revolving around the physician group practice future. Those who practice in small groups are the ones, who will be affected in massive way. The future does not seem to be opportunistic, but this can be controlled through following the right procedures. Many of the existing health plans want to ensure that medical care is financed and delivered, in the most appropriate manner. Calculations are being done to ensure that group practice physicians are able to benefit from insurance, which exists in the health care market (Robinson, 2001). They need to obtain a sufficient share, since they are the ones, who deliver the medical care. The medical care program by Kaiser Permanente was responsible for ensuring that physician panels were dominant. This is because Americans are in great need of doctors, who will cater for their different needs. They also need plans with wide networks to ensure that they benefit.
In the future, the organization, which is care and managed based, will have to expand. The role of the health care organization needs to be known in the future. Large organizations are engaging in acts of capitation .This means that management will have to come up with ways they can ensure that responsible leadership is taking place. As a result of acquisitions and mergers, a lot of money is made and this amounts to billions (Robinson, 2001). There is a position, which is intermediate in the distribution and production chain. Two teams exist and they are at conflict with each other. Team A, is made up of hospitals, providers and physicians, while the other team, is made up of consumers, government agencies, as well as managers.
The economy plays a vital role in shaping the outcome of the organizational models of the health care system. This will in turn affect physician practice management. The economy influences aspects such as financial access, employment, health outcomes, among others. Physician group practice should be aware of the existing physician collegiality locus. This will bring about efficiency during practice, as well as the physicians being informed .Consumers will also benefit as the existing polices, ensure that they have a wide variety of choices to choose from (Draper & Hurley, 2002).
Advocates of group practice should keep up with their work, in order for there to be a promising future. In order to effectively manage competition, a framework based on the market has to exist. It contains elements such as health insurance, regulatory and tax mixes. These policies ensure that growth takes place in physician practice management. Vertical integration is best suited in this industry, as it brings about many benefits. Private and public sponsors should engage in coverage of health insurance .This means that there will be an insurer of single indemnity, who possesses a contract that is exclusive (Draper & Hurley, 2002).
Expansion has been taking place for many decades, and thus focus needs to be on activities as well as restrictions. National and regional organizations should be formed by those in the sector of physician practice management. In order to achieve benefits, which are economical and clinical, physician group practices must exist (Draper & Hurley, 2002). These medical groups must ensure that they attain a dominant position. In the future, it seems that people will mostly depend on the culture of seeking services of local physicians. Thus a solution needs to be found out, to ensure that group physicians acquire a majority share in the health care system.
References
Draper, A. & Hurley, E. (2002). “The Changing Face of Managed Care,” Health Affairs, 21, 1, 11–23.
Robinson, J. (2001). “The End of Managed Care,” Journal of the American Medical Association, 285, 2622–2628.
