tci Part B Insider - 2005 Issue 20
ANTITRUST: Doctors Should Join Together To Fix Patients, Not Prices
Your independent practice association should be truly integrated When physician practices join together to create a more efficient system, a beautiful synergy may result. But don't join forces just to wring more money out of payers.Two Cincinnati orthopedic groups, Wellington Orthopedics & Sports Medicine and Beacon Orthopedics & Sports Medicine, joined forces to create an independent practice association (IPA) called New Millennium Orthopedics. The new entity, NMO, wrote to managed care plans starting in August 2002, to negotiate pay rates on behalf of the two practices. NMO also suggested a bonus arrangement where the orthopedists would receive more...
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