HospitalMD (HMD) Unique Practice Model

HMD UNIQUE PRACTICE MODEL

Hospital-based medical practices typically present difficult challenges to hospitals. The separate financial motivation and interests of the hospital and physician are often in conflict, which can lead to a fragmented and dysfunctional continuum of care and an adversarial relationship. The unique structure of our H2MD practice model contributes to our success by addressing these dysfunctional conditions and constraints.

PRACTICE STRUCTURE

The H2MD practice structure has 2 components: (a) our proprietary practice management methodology and (b) the quality and competence of our physicians. Read More Below

INTEGRATION OF BUSINESS
AND MEDICINE

INTEGRATION OF THE SPECIALTIES OF EMERGENCY MEDICINE AND INTERNAL MEDICINE

An effective balance between medicine and business continues to be of paramount importance for hospitals and their hospital-based medical practices. Physicians typically have no training in business practices on the scale of a community hospital. Performing complex medical services in a “financial” vacuum is risky. And given this risk, the goals of hospitals and physicians are not mutually aligned. HMD’s practice model brings these separate sets of goals and needs into alignment to ensue that both the hospital and physicians are mutually successful and that physicians’ decisions are beneficial to both parties.

The traditional models of emergency medicine and inpatient medicine are medically and financially separate and independent. As a result, the separate interface of the two specialties within the hospital is often fragmented and dysfunctional leading to admission decisions that are made based on conflicting financial motives or convenience. Integrating both specialties into a single practice can reduce these barriers and help assure the best decision for the patient and the hospital, and permit an improved continuity of care.

PHYSICIAN SELECTION, RETENTION, AND DEVELOPMENT

INDEPENDENT PRACTICE AUDITS

We employ objective evaluation methods to select and retain physicians with the appropriate attributes of customer service and medical skills which help to ensure success.

Independent audits are an integral part of maintaining the quality and integrity of any business. The technical and financial complexity of the practice of medicine yield an even greater challenge in providing quality and integrity. Therefore, we employ specialized medical and financial professionals to conduct independent audits of the quality of our medical and financial practices and documentation.