October 06, 2014 | By Lee Ferber, CPA
As the transition from fee-for-service to pay-for-performance type payment models continues to gain traction, and the concept of “population health” management continues to evolve, consolidation in the healthcare market will likely remain active. Hospitals have historically been the key players in this consolidation because they’ve had the capital required to build integrated delivery systems and offer attractive employment agreements to physicians.
While hospitals have been grabbing most of the front-page headlines, consolidations among physician-led groups, commonly referred to as “mega-groups,” have also seen significant growth.
The following are some of the advantages of joining a physician-owned mega-group, specifically those with broad ownership and governance shared by the group at-large: