Infographic: Building a Million-Dollar Physician Relationship

Monday, August 1st, 2016
This post was written by Melanie Matthews

In today’s competitive healthcare environment, hospitals and health systems are looking to drive patient volume and attract and retain physicians, according to a new infographic by Evariant.

According to Evariant, the financial results of physician relationship management are compelling: A single physician, whether in primary care or a specialty, can generate more than $1.5 million in revenue each year, so it’s a heavy price when referrals and procedures are lost to competitors.

The infographic drills down on how to build an effective physician relationship management strategy.

A profitable by-product of CMS’s aggressive pursuit of value-based healthcare delivery is a menu of revenue opportunities associated with care management of the Medicare population.

Physician Reimbursement in 2016: 4 Billable Medicare Events to Maximize Care Management Revenue and Results details the ways in which Bon Secours Medical Group (BSMG) leverages a team-based care approach, expanded care access and technology to capitalize on four Medicare billing events: transitional care management, chronic care management, Medicare annual wellness visits and advance care planning.

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