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MEDICAL GROUPS
Medical groups, both independent and employed, struggle with financial viability; the cost of recruiting and retaining providers is increasing, while reimbursement is decreasing. Lumina Health Partners create a plan for medical groups to improve their financial performance, while fostering a healthy culture and positioning the group for value-based care.
Benefits to the medical group
- Financial improvement
- Revenue cycle optimization
- Robust payer contracting
- Solid network development
- Aligned provider compensation models
- Better workforce retention
- Healthy organizational culture
Our Services
- Strategic Planning
- Medical Group Assessments (revenue cycle, provider productivity, and payer contracts)
- Leadership Development
- Network Growth Strategy (strategic partnerships and value-based performance)
- Clinical Service Line Development
Our MEDICAL GROUP Insights
CASE STUDY: Integrated Ambulatory Care: A Key Competitive Advantage for Health Systems
Many health systems, including tertiary and quaternary medical centers, historically have failed to focus on ambulatory care services as a strategic advantage. One provider, a renown academic medical center, benefitted from an integrated ambulatory strategy by establishing ambulatory suburban sites miles from the main campus. By expanding the network, this health system reaped market share growth by bringing world class care closer to where its patients live.
LUMINA INSIGHTS
Top 7 Healthcare Trends Include a Focus on Risk, Development of Physician Leaders
6 Actions for Physician Practices on Signing Risk-Based Contracts
Workforce Challenges? Focus on Improving Operational Processes
Talk With a Lumina Trusted Professional Advisor Today
For more information or to talk to one of our professional advisors who can help you with your medical group, please contact us at dmarino@luminahp.com or jpeters@luminahp.com.
