Pursuing Value? High-Performing Physician Enterprise Needed

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Description

For more than a decade, there has been a low hum in the background of every healthcare stakeholder’s mind tied to value-based care (VBC). While this low hum has turned into a blasting horn for many who have chosen to dive into the deep end, for others this low hum has remained. As health systems face pressures on many fronts, this low hum is likely to become a blasting horn for most. However, finding success is not guaranteed. In this session, we will explore the pressures facing those in the healthcare market, how true VBC can alleviate some of the challenges, and what is needed to get healthcare organizations to that point. We will specifically analyze the physician enterprise, considering key changes necessary for performance improvement.

Learning Objectives
This 60-minute webinar will provide you with the knowledge to:

Survey the current healthcare market realities, including financial pressures and what is truly occurring with respect to VBC
Compare organizations that have already implemented VBC and their results and those that have continued to live with the “low hum”
Examine the physician enterprise, and how a handful of areas with tangible results can be a catalyst for success in the VBC realm

Contributors

Justin Chamblee, CPA

President, Coker

In his consulting capacity, Justin provides strategic and financial counsel to hospitals/health systems, medical groups, private equity-backed PPMs, ancillary healthcare entities, healthcare attorneys, and other healthcare organizations throughout the country, dealing primarily with physician compensation. He is heavily involved in physician compensation strategy matters, working with organizations to transition their compensation models to adopt industry best practices, adapt to the current value-based landscape, and align with the mission/vision/values of the organization. Justin’s work also includes compensation valuation, helping healthcare organizations ensure that their financial arrangements comply with the requirements of fair market value and commercial reasonableness. His work involves the most basic hospital-physician agreements, such as call pay and medical directorships, to more complex mechanisms, such as the distribution of funds from ACO/CINs and other novel value-based structures. Other areas of expertise include transaction due diligence, value-based reimbursement strategy, and business valuation.

As a recognized thought leader, Mr. Chamblee frequently presents at national conferences where physician leaders, healthcare legal counsel, and healthcare executives gather to gain knowledge in physician compensation and hospital-physician integration. He is the author of several books and professional publications in collaboration with the American Association for Physician Leadership, the Healthcare Financial Management Association, the American Medical Association, and HealthLeaders Media.

In addition to his consulting practice, as president of Coker, Justin leads the day-to-day functions of the company, providing strategic direction and leadership to all internal functions and service lines.

He is also on the board of ProCare Portal, a leading physician compensation automation platform revolutionizing the management of physician compensation models.

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Description

Contributors

Justin Chamblee, CPA