Physician Hospital Integration

Instructor: Frederick J. Wenzel
Webinar Id: 800464

Duration: 90 Minutes

  • Recorded
  • Only for one participant ?
  • Price $179.

Overview:

The integration of healthcare organizations into systems has been going on for decades especially among hospitals. It began principally with the religious orders organizing their freestanding hospitals into a single organization usually a holding company and has proceeded in the past 2 decades to integration between physician organizations and hospitals and hospital systems. Some of these integration efforts have been sponsored or led by physician organizations such as the Mayo Clinic and others have been organized principally by hospital systems like Ascension. Both large and small organizations have been involved in this process and there have been many different approaches especially those related to merger, acquisition, joint operating agreements and others.

Leaders and managers of both physician and hospital organizations must realize what they are getting into during these discussions and emphasis should be placed on due diligence and the understanding of the cultural differences that may occur between professional and hospital organizations. The pros and cons will be discussed.

Why should you attend: This presentation and discussion will deal with the history of integration towards large healthcare systems and that pace is rapidly increasing. It is important that leaders and managers should understand the pros and cons and the good and the bad and the ugly of integration.

Areas Covered in the Session:

  • The history of integration
  • Models of integration currently being established
  • The impact on governance
  • Management approaches to integration
  • The impact of culture on the integration process and future success of the system
  • Financial considerations
  • The future of integrated systems and who will drive the train
  • Summary and conclusions

Who Will Benefit:
  • Physicians
  • Chief Executive Officers
  • Chief Operating Officers
  • Physician Organizations
  • Health Insurance Companies

Speaker Profile
Frederick J. Wenzel MBA, FACMPE is Executive Fellow and Adjunct Professor at the Opus College of Business at the University of St. Thomas. (1996-to date) He holds a Visiting Professor appointment in Marketing at the Graduate School of Business of the University of Colorado. He is a graduate of the University of Wisconsin and the Graduate School of Business of the University of Chicago.

He served as Executive Director of the Marshfield Clinic Research and Education Foundation for sixteen years and then Executive Director of the Marshfield Clinic for seventeen years. He now serves on the Clinic's National Advisory Council and is Advisor to the President of the Clinic. He was Executive Vice President and CEO of the Medical Group Management Association of Englewood Colorado from 1993-1996 and continues to work with that organization on committees and task forces. He served on the Commission for Accreditation for Health management Education where he completed two years as chair of the Commission. He also serves on the Boards of The Marshfield Clinic Health System (Marshfield Wisconsin), University of Wisconsin Medical Foundation (Madison WI), Health Quality Partners Doylestown PA, and Fairview Physician Associates Minneapolis MN. He is on the Editorial Board of Medical Practice Management.


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