This is the time of year when I’m on the road regularly talking with clients and other hospital professionals at different conferences. One of the things I’m constantly reminded of is how automation is really a must-have in the world of managing physician contracts. Why? Because paying doctors for the work they’re contracted to do for your organization is riddled with potential pitfalls, and automating this process can help you stay clear of them. Whether you’re managing physician time tracking and payments on paper still or not, here are the five potential errors to watch out for when you’re working diligently to get your doctors paid.
Avoid all these common errors by using automation to assist in operationally managing your agreements. The complexities of today’s agreements require it, especially considering all of the calculations involved and the importance of supporting HCO operators in managing these complexities. Best of all? When you pay your physician partners on-time and accurately, your physician partners are much more likely to stay happy with your organization and remain focused on delivering excellent patient care. Who could argue with that outcome?!