Performance improvement and optimization efforts will remain an ongoing focus for many organizations

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Last year, hospitals and health systems experienced some of the most significant financial challenges since the start of the pandemic. Hospital margins are still tracking low into 2023 and, with declining reimbursement and lower patient volumes, this is likely to continue for the foreseeable future. As a result, many organizations are considering how to effectively evaluate performance across all of their assets and especially within the medical group.

Medical group performance can greatly influence the success of a hospital or health system and is critical to maintaining financial sustainability as market pressures continue to mount. In this article, published by the American Association of Provider Compensation Professionals (AAPCP), SullivanCotter highlights:

• The key characteristics of a successful medical group
• Best practices in measuring, assessing, and improving performance across the care continuum
• How compensation serves as an important component of this process

Originally published by the American Association of Provider Compensation Professionals