Health systems and hospitals continue to seek both preservation and expansion of their referral base. As a result, many have chosen to develop their own "brand name" physician networks.
Some have been developed through practice acquisitions or new site development or a combination of the two. Some have been developed as primary care-only networks, geographically dispersed throughout the market, while others have been structured as multi-specialty physician networks designed to provide a full continuum of care.
Developing a physician network that more closely aligns the health system with its physicians necessarily requires a broad array of analyses to explore all potential opportunities.
Wipfli can assist in all aspects of network development including:
- Construction of the network's strategic business plan
- Definition of the legal structure and operating relationships of the various components
- Development of a practice acquisition strategy and/or site development plan
- Design of governance and management structures
- Development of operating and capital budgets
- Central business office design and development
- Delivery of alternative financing methods.
Having served in executive positions with medical groups, health systems, and hospitals, our consulting team has hands-on experience in physician network development.