Blend contract management and practice management services to maximize the efficiency and productivity of physician practices.
Add substantial capital.
Cook up clear organizational vision and a strong business plan.
Balance physician, administrative and other interests in governance.
Whip up business by approaching third-party payers and employers for contracts; be first in the market.
Stir both independent practice associations and medical groups into the long-term strategy.
Let geographic coverage rise, which requires the ability to manage the delivery of care from a distance.
Marinate strategic partnerships over the long term, to the benefit of all parties.
Mind core compentencies, rejecting the option of creating an HMO.
Garnish contracting efforts with greater risk by assuming responsibility for a larger portion of the premium dollar.
MSOs studied by Policy Planning
Associates for the recipe:
Bonaventure Medical Foundation, Itasca, Ill.
Carolina Atlantic MSO, Charleston, S.C.
CHS Management, Los Angeles
HealthCap, San Diego
Managed Care Systems, Sacramento, Calif.
MedPartners/Mullikin, Birmingham, Ala.
PennMed Service Corp., Harrisburg, Pa.
Source: Policy Planning Associates