February 3, 2025
Is your anesthesia group struggling to meet coverage demands?
It may be time to reassess the terms of your professional services agreements (PSA) for this critical service line.
The demand for anesthesia coverage is greater than ever as staffing shortages persist and surgical procedures increase. Coupled with rising subsidies, many organizations are finding that their existing arrangements are not financially sustainable.
SullivanCotter recently partnered with a large not-for-profit health system in the Midwest to evaluate the terms and group performance under its PSA for anesthesiology at five acute care hospitals.
Discover how he worked with this client to:
- Stabilize coverage by renegotiating PSA terms to include clearer performance expectations and identifying the optimal number of anesthesiologists to satisfy current and future coverage needs, patient volumes, and staffing models.
- Improve financial performance by determining appropriate subsidy to support market-competitive and compliant compensation and identifying underperforming third-party billings/collections provider
- Enhance overall service line approach by developing a sustainable anesthesia strategy to best meet organizational goals and growth related to surgical services.
- …and more!
View the case study for greater insight into this organization’s challenges, our approach, and the outcomes!
