“You can’t manage what you don’t measure.” This is not a new business axiom. And, it rings particularly true for hospitals when it comes to physician administrative contracts.
I understand that not everyone is eager to delve into data. But, I like data. It tells fun stories and gives us useful information. It allows us to recognize and address problems that we wouldn’t otherwise be able to see. Auditing physician contracts is one major step in gathering data.
I know you get it. Of course you NEED to audit your physician contracts. It sounds obvious. But let me tell you why you WANT to make the effort: