The AFFILIATED MEDICAL PRACTICE
Sometimes there is safety in numbers, and for solo medical practices this has proven to be true. Many independent practices wish to retain the autonomy of private ownership, while seeking the benefits of consolidation. These practices have banded together in Independent Physician Associations (IPAs), Physician Hospital Organizations (PHOs), Accountable Care Organizations (ACOs) or other legal frameworks that pool resources.
The benefits for the non-hospital owned but affiliated medical practice include a stronger negotiating position with payers and supply chain vendors, as well as risk-sharing, administrative support for credentialing and the ability to self-govern.
Independent physician associations and physician hospital organizations have seen a rise in development as many groups navigate toward achieving clinical integration requirements without the full risk sharing demands of ACOs or Medicare shared savings programs.
How V2V Can Help
Affiliated practice networks are often best served through an external resource that provides services not normally handled through shared administrative services. On demand educational resources, responsive access to subject matter experts, and on site interventional services to address specific operational concerns are just some of the services V2V has provided to IPAs, ACOs and other affiliated independent practice networks.
V2V has experience in both development and management of affiliated medical practice models. Our team can provide support in identifying opportunities for new collaboration, ensure your association has clear objectives, and remains financially sustainable.