Reasons providers form PHOs.
According to a recent survey, providers form physician-hospital organizations (PHOs) to improve their contracting positions with managed care organizations, to facilitate collaborative efforts with physicians, and to enhance their abilities to accept and manage capitation. The survey also revealed that PHOs are still in their infancy and operate amid regulatory uncertainty as they develop the expertise and infrastructure necessary to successfully compete in a managed care environment.
Ernst & Young, Washington, DC, USA.
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D002204:Capitation Fee; D003284:Contract Services / Q000706:statistics & numerical data; D003363:Cost Control; D003625:Data Collection; D005377:Financial Management, Hospital / Q000379:methods*; D005544:Forecasting; D006279:Health Maintenance Organizations / Q000191:economics; D006740:Hospital Administrators / Q000523:psychology / Q000706:statistics & numerical data; D006759:Hospital-Physician Joint Ventures / Q000458:organization & administration / Q000706:statistics & numerical data* / Q000639:trends; D007343:Insurance Carriers; D017008:Negotiating; D009937:Organizational Objectives; D014481:United States