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Reinhardt’s plan for changing physician-management model

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* Develop ”five-year plans on the premise that the traditional, cost-plus reimbursement model will persist for very long is a bad idea. It probably won’t.”

* Consider ”the upfront losses {they} take on newly employed physicians as just another investment in the long-term future of your enterprise.”

* Don’t ”treat physicians as regular employees. Work to avoid their resentment against too distant and too opulent a C-suite. Instead, … make physicians feel part of the management team that jointly makes or breaks your enterprise. That includes regularly sharing managerial and financial data on your enterprise.”

* Consider “a workable alternative to employing physicians—e.g., the Kaiser Permanente model, the mother of all ACO’s.”

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