Medical Group Positioning
Discover Your Competitive Edge with VMG Health
Medical group strategy has grown significantly more important as the healthcare landscape continuously evolves. VMG Health knows that growth in physician and advanced practice provider employment and in reimbursement and costs means positioning your medical group competitively is more important than ever. VMG Health’s Strategic Advisory team has decades of experience working with health system executives to develop and implement thoughtful strategic plans for medical groups inclusive of tactical steps.
Whether you’re looking to expand your market presence, enhance operational efficiencies, or optimize financial performance, our expert consultants are here to guide you every step of the way. In VMG Health’s experience, questions about medical group optimization are complicated and require several key considerations. Our experts understand that every medical group is unique. To fully grasp medical group performance, it is essential to evaluate across clinical, financial, operational, and community domains to ensure the group’s value is comprehensively realized and understood.
- Affordability
The affordability domain assesses whether the hospital or health system’s investment in the medical group is appropriate and sustainable based on the group’s size, performance, structure, and scope, as well as the parent organization’s financial health and market conditions.
- Engagement
The engagement domain assesses how medical group policies and infrastructure support accountability among physicians and between physicians and the group. It evaluates whether policies promote individual or collective accountability, governance structures’ effectiveness in fostering peer accountability, and the alignment of group values with health system goals.
- Data Reporting
A medical group’s ability to track, report, and act on data is essential. Effective data systems with actionable dashboards and reports for providers are increasingly used to enhance group practice utility. Without healthy data tracking, reporting, and management, medical groups face significant limitations.
- Care Models
Patient care delivery is shifting toward more non-traditional settings and being delivered by care teams rather than individual providers. What policies and models support care innovation, efficiency, and patient access? How advanced are virtual protocols, and how mature is the group’s approach to qualified healthcare provider utilization? Are remuneration systems for providers aligned with these innovations?
- Governance
The governance domain evaluates decision-making processes in medical group management and operations. It considers the structures and policies that support provider-led management. This domain also examines how well service line management and medical group operations are integrated to ensure efficiency and effectiveness, recognizing that there is no one-size-fits-all approach.
Allow VMG Health to guide your medical group strategy through its proprietary and robust process.
Contact our team to unlock new opportunities for growth, operational excellence, and long-term success.
Featured Insights
Contact Us
What’s your biggest business challenge? Reach out to an expert today.
NOTE: For technical support for membership programs, please visit this page.