Medical Group Services

VMG Health’s health system employed medical group suite of services reflects our firm’s deep understanding of the critical importance of a high performing aligned medical group to overall health system success. This is a core focus of our services, and inclusive of the following skills and related expertise.

Group Strategy/Formation

Definition/confirmation of the “why” behind an employed provider model, and the “what” in terms of needed points of alignment with health system strategy.  Specific areas of focus include:

  • Quantification of strategic value proposition for employed medical group
  • Assessment of medical group contribution sufficiency to health system performance
  • Access/sizing and specialty composition appropriateness and opportunities
  • Identification of growth opportunities and timing
  • Geographic ambulatory distribution
  • Medical staff interface
  • Care model (virtual, team based, etc.) optimization
  • Community provider strategy and connectivity
  • Board education on medical group integration and value performance

Governance/Leadership

Definition/assessment of medical group leadership sufficiency and effectiveness. Specific areas of focus include:

  • Medical group governance role and structure (e.g., committees, ties to health system)
  • Multispecialty interdependencies
  • Provider compensation philosophy and model development/oversight
  • Physician leadership structure
  • Physician leadership development
  • Policies and procedures development

Compensation Model Assessment/Development

Assessment/development of provider compensation approach that provides equity across practices/subspecialties, is market competitive to attract and retain high value providers, is supportive of enterprise strategy, and is aligned with physicians’ unique goals/directives such as service line development, academic mission, leadership, etc.  Specific areas of focus include:

  • Definition of the “Why” for needed compensation design change
  • Planning collaborative facilitation
  • Compensation policies definition
  • Change management process definition and facilitation
  • Implementation support
  • Management support
  • Team based care delivery compensation considerations (use of APPs, APP compensation, etc.)

Group Practice Strategic Payer Positioning (CIN/ACO)

Assessment of medical group positioning strategy relative to local and state payer trends and dynamics. Specific areas of focus include:

  • Payer market assessments including ACO, Medicare Advantage, Managed Medicaid, and commercial product enrollments and trends
  • Market area/regional direct to employer activities
  • CIN/ACO performance and/or opportunity assessments including feasibility, growth, provider compensation, governance
  • Risk performance at enterprise and medical group level

Performance Assessment/Turnaround

Diagnostic assessment of medical group performance across key operational, enterprise and strategic domains. Specific areas of focus include:

  • User forum facilitation
  • Scorecard/standard tool development to gather consistent data

Administrative Support

Provision of tools and objective third-party services including but not necessarily limited to:

  • Compensation calculator and processor
  • Compliance automation– tools to automate annual review (under development)

Data Management

Work with independent third-party data vendors in timely, comprehensive and accurate capture, analysis and reporting of provider specific clinical and compensation related performance data.