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We need a Whose Who list of the AMC (Anesthesia Management Companies). Some thing like Scutworks for the AMC.
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this is the group you need to keep your eye on... this is the model of the future...
http://www.napaanesthesia.org/
Interesting.
i am also personally familiar with their paradigm as, years ago (before even med school), i heard one of their senior managers (forget exactly who it was) speak at a conference. i, too, was impressed with their long vision and - most importantly - their adaptability.
i see this as the "wal-marting" of our business model, though. you can individually decide whether or not this is a good or bad thing. but, the fact is, we are for the most part a back-end service provider. (if you'd like me to explain what i mean by that, i will... and it doesn't have to do with proctology.) under that paradigm, napa is doing everything right... and they are growing.
i'll continue to argue that you're going to see an insurgence of these types of practice models, good or bad, and that the napa's of the world will gain dominance. they have a centralized management structure, they have capital, and their model is flexible and able to adapt.
again, this may not be a bad thing... provided they treat their employees equitably. they will have the power to collectively bargain with insurance companies, and will have the huge advantage of flexibility and manpower that, quite frankly, small groups will just not be able to compete with.
this type of practice is not a pure "practice management" company, in that they actually do have "partners" running the practice at the high end. what this model is akin to is a large law firm that has a few huge "partners" at the top who's job has become essentially to generate new business for the practice, and a boatload of "associates" who actually do the work.
again, there will always be room for the "small fry" practice in the rural area. and, there will always be room for the "hired gun" who wants to work independently. but, the small fry better watch out for the napas of the world who may be able to better negotiate services in your hospital. and, the hired gun will likely be working predominately for the napa-type group, even under locums.
napa has already figured this out... and they are WAY ahead of the curve.
I could go on with other games the AMC play. Redefining call, Redefining 401k plans, Redefining acces to the key financial records, Redefining the right to patient records, Redefining giving notice, and Redefining non compete clauses to name a few.
but, by your post are you suggesting that every PM company and none of the private practices do these things? come on, dude.
Practicing bare realy worries me with the new bankruptcy laws
PA is experiencing an insurance crisis. This is part of the reason why PA has so many anesthesia positions on gaswork. Many physicians are electing to leave the state to find a better Medical Malpractice environment.
The Medical Malpractice Crisis:
Recent Trends And The Impact
Of State Tort Reforms
Rate increases in other states, such as Pennsylvania, ranged from 26 to 73 percent in 2003
Reduced capacity. The structure of the insurance market has changed dramatically in some of the states facing the sharpest rise in premiums (such as Nevada, West Virginia, Pennsylvania, and Ohio).
AMA Declares War on Malpractice Crisis
Corlin says the situation is so bad that it has reached the critical stage in a dozen states -- Florida, Georgia, Mississippi, Nevada, New Jersey, New York, Ohio, Oregon, Pennsylvania, Texas, Washington, and West Virginia -- and 30 other states are reaching the breaking point.
The only reason one would use an offshore insurance company is so that they can claim to have the required capitalization but keep there money where they have total control over the money with little chance of it being taken away. You the physician being sued and the plaintiff have no guarantee of any coverage since you will have little or no legal recourse.
Heres how it could hurt you. You sign up for the Anesthesia Management company , then no thru no fault of your own you have a bad outcome. The Anesthesia Management Company fires you for cause citing negligence. Therefore you are liable to pay for the tail, which the contract most likely obligates you to purchase. They apply your last months salary any other money they owe you as a partial payment for the tail, and send you a bill for the rest of the cost of the tail.
The Anesthesia Management Company has the choice of the cost of the tail coverage it could be 40,000 or a years salary. You dip into your saving to pay the balance on the AMC Tail, since now you probably can not get a tail from any other carrier due to your bad outcome.
You bite the bullet and get the tail, then get sued. The offshore insurance company doesnt respond they refuse to represent you. Now you have to pay for you own lawyer to defend yourself. You sue the Anesthesia Management company pay a fortune but when you win you get nothing since you were employed by the local, LLC which the Parent Anesthesia Management Company closed and declared bankrupt as soon as you filed your lawsuit They still operate at that hospital just with a different LLC.
You are unable to find a lawyer willing to sue the offshore insurance company since you have no chance of collecting. You loose the malpractice lawsuit but have no assets left since you have spent everything on lawyers. You cant declare bankruptcy, due to the new bankruptcy laws so you are required to pay 75% of your after tax salary for the next 5 to 7 years to the Plaintiff and their lawyers.
there's one simple answer to your quandry: whatever you negotiate, get it in writing. then, they break the contract, just don't show up to work... and you be sure to let the hospital administrator know what they did to you. that goes for whomever your employer is.
With an entry in the physician database and the hospital giving you bad references you may have a tough time getting a good job elsewhere.
Practicing bare realy worries me with the new bankruptcy laws
PA is experiencing an insurance crisis. This is part of the reason why PA has so many anesthesia positions on gaswork. Many physicians are electing to leave the state to find a better Medical Malpractice environment.
The Medical Malpractice ‘Crisis':
Recent Trends And The Impact
Of State Tort Reforms
"Rate increases in other states, such as Pennsylvania, ranged from 26 to 73 percent in 2003"
"Reduced capacity. The structure of the insurance market has changed dramatically in some of the states facing the sharpest rise in premiums (such as Nevada, West Virginia, Pennsylvania, and Ohio)."
AMA Declares War on Malpractice Crisis
Corlin says the situation is so bad that it has reached the critical stage in a dozen states -- Florida, Georgia, Mississippi, Nevada, New Jersey, New York, Ohio, Oregon, Pennsylvania, Texas, Washington, and West Virginia -- and 30 other states are reaching the breaking point.
The only reason one would use an offshore insurance company is so that they can claim to have the required capitalization but keep there money where they have total control over the money with little chance of it being taken away. You the physician being sued and the plaintiff have no guarantee of any coverage since you will have little or no legal recourse.
Heres how it could hurt you. You sign up for the Anesthesia Management company , then no thru no fault of your own you have a bad outcome. The Anesthesia Management Company fires you for cause citing "negligence". Therefore you are liable to pay for the tail, which the contract most likely obligates you to purchase. They apply your last month's salary any other money they owe you as a partial payment for the tail, and send you a bill for the rest of the cost of the tail.
The Anesthesia Management Company has the choice of the cost of the tail coverage it could be 40,000 or a year's salary. You dip into your saving to pay the balance on the AMC Tail, since now you probably can not get a tail from any other carrier due to your bad outcome.
You bite the bullet and get the tail, then get sued. The offshore insurance company doesn't respond they refuse to represent you. Now you have to pay for you own lawyer to defend yourself. You sue the Anesthesia Management company pay a fortune but when you win you get nothing since you were employed by the local, LLC which the Parent Anesthesia Management Company closed and declared bankrupt as soon as you filed your lawsuit They still operate at that hospital just with a different LLC.
You are unable to find a lawyer willing to sue the offshore insurance company since you have no chance of collecting. You loose the malpractice lawsuit but have no assets left since you have spent everything on lawyers. You can't declare bankruptcy, due to the new bankruptcy laws so you are required to pay 75% of your after tax salary for the next 5 to 7 years to the Plaintiff and their lawyers.
good points indeed. but, the fact is that they have to work to the letter of the contract, if you are smart enough to get a contract. sure, they can say "just this one time" time and time again. but, i'd argue that you're more likely to get screwed by a private practice group that has no intention of offering you a spot when your two-year contract is up. the difference is, they bait you with the "you'll be a partner if you hang in there" attitude that makes you take it. whereas, there are no such false pretenses in a PM group.
or, you can just call in sick. again and again and again. what are they going to do? nothing. and, during those "sick" days look for another job.
i'm not necessarily saying one is better or worse than the other. different jobs offer different tracks, and different compensation packages to reflect that. some people just want to work their hours for a salary. you can get such a job in a PM group. much harder in a private practice where you are a "partner" (or on that track). PM groups also have a larger pool to cover you if/when you don't show up.
bottom line: get it in writing... and have a good lawyer (which every physician should). likewise, have a good accountant too.
This is the difference between an AMC and a private group. Most private groups would quickly see the costs and the benefits and show you the records or comply with the letter of the contract because 100k is something to them. The AMC that runs a continuous scam ripping off dozens to hundreds of doctors has the resources to fight longer than you can afford to fight any contract issues. Plus they have the motivation since if you prevail they will have to pay the rest of the dozens of people they have screwed.
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can you explain why anes. are "back door providers?" i confess i don't understand exactly what you mean by that.
Anesthesia is a commodity. A hospital can replace every MD/CRNA it has and patients won't know or care. Much like the physical therapists ... or the brand of beds the hospital uses. Most other docs, in contrast, have their own practice and bring revenue (i.e. patients) to the hospital. A hospital would not want to replace all their OB's, for instance, because a large portion of the OB business would follow the expelled physicians.
yes, exactly. as back-end providers, we simply provide a service to a customer that's been brought to us. we do not generate new customers. (interesting when you use the word "customer" instead of "patient", isn't it?)
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this is why i believe that the predominate model of the future will be the napa-type practice, especially with the lack of effecient, collective, and cohesive practice models that are able to effectively lobby washington and, perhaps more importantly, managed healtcare systems to maximize their profits. right now, we are essentially taking what we're given. these large management-type practices are going to be what small practices are competing against in the future. again, it's the home depot vs. the mom&pop hardware store.
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it doesn't matter whether you like this or not. this is the direction in which we are moving.
is this the direction that other "back-end providers," (radiologists, pathologists, hospitalists, em) are taking as well, or is it mainly anesthesiology?
Anesthesia is a commodity. A hospital can replace every MD/CRNA it has and patients won't know or care. Much like the physical therapists ... or the brand of beds the hospital uses. Most other docs, in contrast, have their own practice and bring revenue (i.e. patients) to the hospital. A hospital would not want to replace all their OB's, for instance, because a large portion of the OB business would follow the expelled physicians.
is this the way it has to be? maybe we should be in partnership with the surgeons? has anyone ever tried that and had it work? rather than work for the hospital, the surgeon and anes bring the patient to the hospital. probably would work if there weren't crna's as many surgeons would just hire them instead...you think?
do you think there might be an upside to AMC's... I mean what if they get enough power to fight for better compensation... If it is all about the bottom line wouldn't that be in the AMC's best interest to band together to fight for the way it used to be and get better compensation for doc's...which they would then get a bigger part of.... just trying to figure out if there could be an upside to walmarting. after all isn't that how unions started?