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MSO - Frequently Asked
Questions
The following document answers
some of the questions that are frequently raised regarding MSOs.
- What is the overall goal of
the MSO?
To provide an array of
services coordinated through a local and independent entity which
will be monitored and augmented by the health system to assist
targeted physicians or physician groups with the efficient operation
of their practices. The overall goal is to help enhance and improve
those practices which contribute to the strength of the institution
and assist it in fulfilling its mission. The MSO can strengthen
all the components of the health care community by allowing them
to remain viable.
- What will this entity be? How
will physicians have input?
The actual entity will be a new
corporation which will have the support of the health system
but which will also maintain its independence and autonomy.
Essentially, it will be a consulting and service group which
will provide services under the guidance of a physician advisory
council. The physicians on the advisory council will also be
clients or customers of the MSO to assure the highest compliance
with practice needs. The program will be developed by the health
system, consultants and a physician advisory council.
- How can a physician become involved
in this process?
The MSO will be a service agency
with a client base comprised of physician practices. Any physician
on the medical staff who wishes to be a client can contact the
physician support office or, after it has been established,
the MSO office directly. A practice review will take place which
will result in a report to the physician regarding the services
most likely to complement the practice, their cost and the manner
of implementation. The physician will then determine whether
to proceed.
- What types of services will
be available?
The service listing will change
with the needs of the practices and with the environment. Initially,
the MSO will offer practice analysis and evaluation, accounting
services, billing and collection, group purchasing, staff support
and training, coordinated benefit programs, payroll services,
coding analysis, market analysis, promotional assistance, recruiting
support, physical plant maintenance, financial systems review,
financial planning services, assistance with capital or equity
reorganization, equipment leasing programs, etc.
The services, their design and
pricing, will be under the review and management of a physician
advisory council composed of practice owners who are also clients
of the MSO. Additional services will be designed, or the original
list will be modified, according to the needs defined by the
physicians who comprise this panel.
- Will the MSO manage physician
practices?
The MSO will have the capabilities
to manage individual practices if that is a necessary and desired
service. The goal, however, is to assist in the management of
certain key functions related to the practice to allow the physician
to maintain independence and to establish a support service
which allows each practice to select only those services which
assist it in operating most efficiently.
- What will be the cost of these
services?
The cost of the services will
be determined by the market rates for similar services in the
area. The goal in pricing these services, with the health system's
assistance, is to develop a pricing level which is advantageous
to the practitioner without compromising the hospital's status
as a nonprofit institution. Coordination and collaboration will
assure that the services will be accessible to the physicians
and that the MSO will primarily focus on the unique needs of
the health system and its medical staff.
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