Foundation model: best for both worlds: successful example shows one method of vertical integration

Article Abstract:

The partnership between Mercy Healthcare Sacramento and the Medical Clinic of Sacramento has proved to be an excellent model of vertical integration in medical care. The medical group now has 85 physician-members and expects to expand. It benefits from the hospitals' expertise in billing, collections and contract negotiations. The hospital system has become the predominant hospital in the area and has gone from a $20 million loss in 1987 to a $30 million profit in 1992. Mercy Healthcare is also pursuing mergers with other area hospitals and seeking associations with independent group practices.

Hospital and medical service plans, Management, Managed care plans (Medical care), Hospital administration, Hospital-physician joint ventures, Mercy Healthcare Sacramento

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Doctor, hospital create unusual group practice

Article Abstract:

Mt Sinai Medical Center lent staff physician Thomas Weisman the money to purchase the private medical practices of several older staff physicians, which he consolidated into one group practice and staffed with younger internists. The investment helped the hospital maintain its patient base when the older physicians retired. The older physicians were able to sell their practices before they started to decline in value. The younger internists were able build a practices within the security of a group practice.

Innovations, Investments, Group medical practice, Weisman, Thomas

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How to read a hospital's financial health: physicians can turn to several sources for data

Article Abstract:

Physicians need to judge the financial health of a hospital before entering into an agreement to join its staff. Sources of such information include Health Care Investments Analysts Inc of Baltimore, MD, and Healthcare Financial Management Assn, which furnishes financial data for all Medicare-certified hospitals. In addition, Standard & Poor's Corp and Moody's Investors Service publish bond ratings of hospitals.

Finance, Physicians, Medical professions, Information services

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