Our History
Written by Stephen Hochschuler, M.D.
• Introduction • Lessons
Learned • Research
Foundation • New
Programs
• Clinical Trials/New Technology • New
Challenges
In recent years, physicians have had to deal with consistently
decreasing revenues and increasing costs of malpractice insurance
and health insurance for employees. They have had to become
HIPAA complaint, cope with the time required to get insurance
approval for various procedures and deal with other management
issues. This has driven an increased need to address the business
aspects of delivering quality spine care to patients.
One method of addressing the problem is the creation of boutique
hospitals in which physician group partner with hospitals to
create specialty hospitals. This allows the physicians more control,
reduces the amount of time wasted and provides revenue sharing.
Input from the owner/physicians can also improve the quality
of care for their patients in the hospital setting.
Other ways of improving care while cutting costs is the incorporation
of technology into all aspects of daily practice. New specialty
hospitals can be designed to incorporate an almost paperless
computer-based system. In the clinic, technology such as electronic
medical records and digital imaging systems can improve service
and greatly decrease costs by eliminating or significantly reducing
the need for record storage, record staff, transcription services
and the processing of radiographic images. Technology also can
help streamline processes related to coding and billing.
Throughout our history, our goal has been and continues to be
to perform as a center of excellence integrating the best of
science and education with the best business practices for the
well being of patients.
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