2012 Practice Management Summit to Address Important Projections of Health Care Reform and Lessons in Hospital Employment Contracting

STS News, Winter 2012 -- Quality-based initiatives, data reporting, and reimbursement are linked more now than ever, and changes in health care policy and delivery are affecting physicians and hospitals alike. Incentives for health care alignment have resulted in cardiothoracic surgeons becoming employed by health systems with increasing frequency – now nearing 50 percent in the United States.

With a focus on these and other health care reform issues, the 2012 STS Practice Management Summit can provide help in understanding and interpreting health care trends that may directly impact cardiothoracic surgical practice. The Summit will also offer insights on how to navigate the unique challenges of hospital integration and provide alternate viewpoints to facilitate informed decision making.

Are you contemplating employment or in the midst of negotiations with a health system? There are many important questions about the complexities of health system engagement to consider. The Society neither advocates for nor opposes hospital employment; rather it supports whatever situation is best locally or regionally for patients, the specialty, and its members. To this end, the 2012 Practice Management Summit will provide thoughtful and practical input on such issues as how to keep a private practice “healthy”, how to test the hospital-employment waters without becoming completely employed, and how to progress positively once you are employed and need to consider contact renewal.

Given the increased Summit attendance in recent years, the content has been expanded for 2012. Topics will address current management issues that are of common interest to those in academic or private practice and practice managers/administrators. Practice administration colleagues are encouraged to attend; special registration provisions have been made to welcome their participation.

Details about this session can found in your Advance Program book or online. The Summit program will cover such important topics as:

  • Value-Based Purchasing
  • Projections for Cardiothoracic Surgical Reimbursement
  • Impact of Public Reporting Outcomes Data/Reimbursement Implication
  • Preparing for the TAVI Tsunami
  • Private Practice: Management Pearls to Stay Healthy
  • How to Implement a Co-Management Model
  • Critical Elements for a Successful Employment Contract
  • Advancement Within an Employment Model

As always, the goal of the Practice Management Summit is to provide valuable, practical information and facilitate a vibrant and open discussion with ample time set aside for questions. While on-site registration is possible, online pre-registration to this important ticketed STS event is strongly encouraged at www.sts.org/annualmeeting. We look forward to your participation and welcome your discussion.

The Practice Management Pearls column will return in the spring issue of STS News.

Vinay Badhwar, MD
Chair, Workforce on Practice Management