Though I enjoyed Bob Cook's PSO article, (April, page 6), I am concerned that this type of article encourages physician groups to dismiss the full spectrum of opportunities PSOs offer.
It is true that most physician groups will not be able to obtain the capital necessary to develop a PSO and still retain a majority financial interest in the entity. Even so, physician organizations may have opportunities to provide select healthcare services to Medicare beneficiaries through contractual arrangements with PSOs.
Like managed care organizations, a PSO is only going to be as good as its network of providers and its success in managing the care provided by such providers. Realizing this, physician organizations have the opportunity to facilitate and contribute to the success of PSOs-even if they are not the sole owners of the entity. Most importantly, they have the opportunity to benefit from such contributions as a stand-alone entity.
Sally J. Sjobeck, Consultant Sidus LLC Nashville, Tenn.