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Integrated Physician Advantages And Disadvantages

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An integrated physician model is consists of a series of developed relationships between hospitals and physicians over a period of time. Through joint ventures, both parties are united through a common purpose and goal. An organization formatted into an integrated physician model may include acute care hospitals, nursing homes, affiliated medical groups, primary care clinics, employed physicians, and independent medical groups. Physicians play a crucial part in this partnership because they are accountable for directing clinical services, determining the appropriate care for the patients; performing procedures, and determine when to use medications or medical supplies. Healthcare organizations have transitioned to models of physician integration …show more content…

The medical foundation model is an arrangement in which independent physicians vend their practices to a medical establishment. The physician will then be under a contractual agreement to provide medical treatment services at the foundation’s sites. Under this model, hospitals and health systems are able to create legal nonprofit organizations to directly employ physicians. It also gives physicians more independence and strengthens physician and hospital affairs. Hospital-owned group practices are medical practices that have been contracted under a hospital network. This model can be advantageous because it can improve integration, increase access to care and nurture better relationships with the patient’s physician. Joint ventures are when two businesses create a legal entity to share its profits (Harrison, …show more content…

Physicians, nurses, and other clinical healthcare providers could become the primary source of clinical innovation given their clinical judgment and skill involve patients in the decision-making process. This improvement in patient satisfaction and healthcare service value will result in joint ventures that will increase profits . There are possible drawbacks of joint ventures such as lack of trust, inequitable contribution of capital, and conflict on overall control. Collaboration between hospitals and physicians is necessary in order for the healthcare system to move in the correct

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