Oliver Wyman October 16, 2024
Greater operational rigor can help medical groups drive improvement in health system finances, clinical performance, and patient and provider satisfaction.
This is the second article in a series examining how health systems can improve the performance of their medical groups. The first article detailed how to overcome some sizeable financial constraints.
It sounds good in theory: build up your system-owned medical group to produce more coordinated and integrated care. It would stand to reason that with 77% of physicians now employed by hospitals or other corporate entities, achieving that goal would be well within reach. But theory and reality are different things. As we highlighted in the first article of this series, most system-based medical groups lose money and appear...