In this article by Len Strazewski, contributing news writer for the American Medical Association (AMA), the transformation of physician private practices toward value-based care is highlighted. Unlike the portrayal of the traditional solo country doctor seen in old movies, today's healthcare landscape has shifted significantly. Even practices deeply rooted in fee-for-service models are adapting to embrace value-based care, which offers new opportunities.
One such example is Mississippi’s Hattiesburg Clinic, PA, which originated in 1963 and has since grown to become the state’s largest privately owned multispecialty clinic. Under the leadership of CEO Bryan N. Batson, MD, the clinic embarked on a journey toward value-based care in 2007. By prioritizing independence and aligning with the AMA Health System Program, they've steadily enhanced patient experiences, reduced costs, improved population health, and fostered a better work life for healthcare professionals.
Through participation in Medicare Advantage programs, quality reporting systems, and forging partnerships, Hattiesburg Clinic has not only weathered the transition but also reported significant savings to Medicare, demonstrating the efficacy of their approach.
#ValueBasedCare #PrivatePractice #HealthcareEvolution
System Vice President, Pharmacy Enterprise; Chief Pharmacy Officer @ CommonSpirit Health
1 个月I appreciate this opportunity to share my career journey and the great work our pharmacy team do.