The following is an excerpt from Becker’s Spine Review.
Rising overhead and decreasing reimbursements continue to challenge independent practices as consolidation continues to take hold across the healthcare industry.
Four surgeons discuss how independent practices can best position themselves to maintain autonomy and key partnerships they should consider.
Question: For spine practices wishing to stay independent, what strategic partnerships should they be considering?
Patrick Roth, MD. New Jersey Brain and Spine (Oradell): In order to remain independent, bundled contracts for episodes of care must be at least partially owned by surgeons. In order to negotiate such contracts, surgeons must be part of large groups of surgeons partnered with hospital systems that can form the contracts upstream of insurance companies.
Continue reading on Becker’s Spine Review.