The not-for-profit alternative to PPMCs.
Physician practice management companies (PPMCs) are very fashionable for physicians seeking long-term security. But not-for-profit alternatives to PPMCs, namely not-for-profit hospitals, can also provide needed revenue and management guidance without putting a medical group at the mercy of stockholders. Although the not-for-profit alternative has its drawbacks--as the fractured partnerships between some well-known hospitals and medical groups attest--administrators should not disregard the option.
Benedict
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Medimetrix Consulting, Cleveland, OH 44114, USA.
Feorene
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D000720:Ancillary Services, Hospital; D002202:Capital Financing; D003284:Contract Services / Q000191:economics / Q000458:organization & administration*; D003657:Decision Making; D006075:Governing Board; D006123:Group Practice / Q000191:economics / Q000458:organization & administration; D006788:Hospitals, Voluntary / Q000191:economics / Q000458:organization & administration*; D007449:Investments; D008329:Managed Care Programs / Q000191:economics / Q000458:organization & administration; D009937:Organizational Objectives; D011216:Practice Management, Medical / Q000191:economics / Q000458:organization & administration* / Q000592:standards; D014481:United States