Exclusive physician contracts: their benefits and drawbacks.
Hospital CEOs are mandated to ensure services of high quality at the same time that they control costs and limit malpractice exposure. Especially in resource-intensive specialties such as anesthesia and diagnostic imaging, use of exclusive contracts with physician groups may increase the CEO's ability to realize these objectives. However, exclusive contracts carry some risk; CEOs should know what these are and how to minimize them.
D003284:Contract Services / Q000331:legislation & jurisprudence*; D004465:Economic Competition / Q000331:legislation & jurisprudence*; D004467:Economics / Q000331:legislation & jurisprudence*; D005376:Financial Management / Q000331:legislation & jurisprudence*; D005377:Financial Management, Hospital; D007325:Institutional Practice / Q000331:legislation & jurisprudence; D008505:Medical Staff, Hospital / Q000331:legislation & jurisprudence*; D012306:Risk; D014481:United States