title: How to break even on an acquired primary care network.
abstract: Challenged by declining revenues, hospitals are taking steps to improve the financial performance of hospital-owned primary care group practices. Although some hospitals are divesting themselves of their group practices, others are attempting turn-around strategies to help them break even on their investment. Ensuring that expenses do not exceed revenues in a primary care network can be achieved by implementing initiatives on network-wide and practice site levels and may require draconian measures. By setting a financial target of break-even, primary care practices can experience dramatic improvements.
authors.affiliation: Ambulatory Management Services, Inc., Westerville, Ohio, USA. mhalley@amsnetworks.com
authors.forename: M D
authors.initials: MD
authors.lastname: Halley
authors.forename: R L
authors.initials: RL
authors.lastname: Lloyd
mesh_terms: D003659:Decision Making, Organizational; D005375:Financial Audit; D005377:Financial Management, Hospital / Q000379:methods*; D006123:Group Practice / Q000191:economics*; D006801:Humans; D010067:Ownership / Q000191:economics; D020399:Practice Management / Q000191:economics*; D020443:Practice Valuation and Purchase / Q000191:economics; D011320:Primary Health Care / Q000191:economics*; D014481:United States