Published on Forbes on Jan 10, 2024
Written by Darrell Moon, Forbes Councils Member
CEO of Orriant. Helping CEOs lower costs and increase productivity by aligning healthcare to work for them instead of against them.
Having managed 10 different hospitals in my career, I am very much aware of misalignments in healthcare. But I was still stunned at a recent healthcare leadership conference to see a slide presented by a large healthcare system.
The slide showed that healthcare systems own physician practices to be a funnel source into hospitals. A 2019 article by KFF Health News described a lawsuit against a hospital that lost money from the practices it owned but made loads of money from the patients funneling into its facilities. This trend in hospital-owned physician practices has increased in recent years, and the shift of services being delivered at the hospital versus in the physician office setting certainly impacts healthcare spending.