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March 2012 - Vol 12, Issue 3
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| Need a Speaker? | |
Let Coker Group speak at your upcoming event!
For more information on the educational programs Coker can facilitate, please email us or call 678-280-9690. |
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Management Development: Building Bench Strength
By: Chip Nagle |
At the beginning of a new assignment, many  of our clients express concern over a lack of internal "bench strength" in a particular area or throughout their organization. One charge is to look for leadership ability in potential candidates; another is a demonstrated ability to "raise the bar" by further developing internal resources. For a variety of reasons, organizations are focusing less on human resource development than previously when, in fact, it holds the key to achieving competitive advantage.
The ultimate success or failure of an organization hinges on the ability of senior management to drive the implementation of strategy. Yet it appears the obvious development of leaders at all levels of the organization with the right skills to enact those strategies is often omitted from the management equation. This fundamental omission is especially dangerous when pursuing a new strategic course. A commitment to management development ensures that key players have the right skills to achieve ever-evolving operational and strategic objectives.
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New White Paper... Now Available!
Employment Lite: One Option for Integration and Alignment | |
Integration.....alignment....words that are a part of the everyday healthcare jargon-but what is the best way to achieve the goals of physicians and hospitals in this challenged industry? "Employment Lite" is one option to consider. Coker Group presents its innovative response to the integration dilemma that works like employment, but maintains a measure of independence to meet the needs of physicians and hospitals alike.
Read an excerpt:
Recent changes to the healthcare delivery system have forced radical adjustments upon providers, both private practices and health systems. Very few specialties are left unscathed by the government's intervention in payment systems and burdensome regulations, particularly those crafted by the Centers for Medicare and Medicaid Services (CMS). With the current payment structure for medical services, most players will benefit by the integration of hospitals and physicians.
The words integration and alignment have become part of the every-day healthcare vernacular recently, particularly as consolidation becomes more prevalent. While there are a number of ways to define these terms, within this paper we use them synonymously to refer to any relationship between physicians and health systems.
To download your complimentary copy of this report, visit www.cokergroup.com/whitepapers
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Coffee with Coker - a FREE monthly webinar! | |
 Join Us in April!
Date: Friday, April 6, 2012
Time: 11:30 a.m. EST
Designing Sustainable Physician Compensation Models
Developing a reasonable and sustainable compensation model for employed physicians, along with an effective transition plan, is a key challenge for hospitals that employ physicians. This session will examine critical success factors for building productivity-based models, the basic questions to consider when designing physician compensation, and the positives and negatives of an RVU-structured model. Attendees will hear typical mistakes and learn how to avoid them.
Participants in this webinar will:
- Review industry trends and how they affect compensation planning now and in the future
- Discuss varying compensation frameworks and how to implement a redesign of your existing model
- Evaluate non-productivity incentives, including key considerations and differing structures
REGISTER TODAY!
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**COMING SOON**
Coker's Latest Book:The Healthcare Executive's Guide to ACO Strategy | |
The Healthcare Executive's Guide to ACO Strategy is the first comprehensive book dissecting the integral components of ACOs from physician, provider, and payer views, including analysis of the CMS final regulations.
In the wake of healthcare reform, ACOs continue to emerge as the care delivery and reimbursement model of the future. Get the book that provides specifics on incorporating accountable care structure and strategy into your organization so you can enter the ACO era prepared and positioned to succeed.
Get expert advice on ACOs and the elements for success, including how to:
- Participate in the CMS Shared Savings program
- Distinguish the various characteristics of an ACO and its operations
- Understand how ACO reimbursement structure will work
- Evaluate the process of forming an ACO-including the legal, financial, IT, and governance requirements
- Fulfill important quality measures for an ACO
- Reshape and refine hospital-physician alignment strategies
ORDER YOUR COPY TODAY! |
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About Coker Group
Coker Group, a leader in healthcare consulting, helps physicians, hospitals, and other providers find answers and solve problems in management and business operations. Our consulting team members are proficient, trustworthy professionals with experience and strengths in various areas. Coker's staff includes seasoned individuals in finance, administration, management, operations, compliance, and information systems. Coker integrity is unquestionable.
The CokerConnection© 2012 is an electronic newsletter published monthly by Coker Group, copyedited by Kay Stanley and compiled for the internet by Trish Hutcherson. The articles and viewpoints presented in the CokerConnection© are for informational purposes only and not intended to constitute legal or financial advice. If legal, financial, or other professional advice is required, the services of a competent professional should be sought. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. |
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