Strategic alliances between physicians and hospitals in multihospital systems

D. Gregory

Research output: Contribution to journalArticle

Abstract

Regional consolidation is one of the most frequently prescribed remedies for the ills facing hospitals today. Overcapacity, net revenue erosion, poor financial positioning, and high costs are some of the factors driving consolidation. One of the greatest challenges for multihospital systems is to align the interests among physicians practicing at the member hospitals and the system's corporate strategy (Hospitals 1990). This article offers a framework for analyzing these problems based on the economics of agency relationships and applies the framework to two case studies of strategic alliances between hospitals and physicians in a multihospital system. Both are examples of the physician-multihospital organization.

Original languageEnglish (US)
Pages (from-to)247-258
Number of pages12
JournalHospital and Health Services Administration
Volume37
Issue number2
StatePublished - 1992
Externally publishedYes

Fingerprint

Multi-Institutional Systems
Physicians
Economics
Organizations
Costs and Cost Analysis
Strategic alliances

ASJC Scopus subject areas

  • Leadership and Management

Cite this

Strategic alliances between physicians and hospitals in multihospital systems. / Gregory, D.

In: Hospital and Health Services Administration, Vol. 37, No. 2, 1992, p. 247-258.

Research output: Contribution to journalArticle

@article{6c2c39f2918e4f6c9b2c889c2ae1039d,
title = "Strategic alliances between physicians and hospitals in multihospital systems",
abstract = "Regional consolidation is one of the most frequently prescribed remedies for the ills facing hospitals today. Overcapacity, net revenue erosion, poor financial positioning, and high costs are some of the factors driving consolidation. One of the greatest challenges for multihospital systems is to align the interests among physicians practicing at the member hospitals and the system's corporate strategy (Hospitals 1990). This article offers a framework for analyzing these problems based on the economics of agency relationships and applies the framework to two case studies of strategic alliances between hospitals and physicians in a multihospital system. Both are examples of the physician-multihospital organization.",
author = "D. Gregory",
year = "1992",
language = "English (US)",
volume = "37",
pages = "247--258",
journal = "Journal of Healthcare Management",
issn = "1096-9012",
publisher = "Foundation of the American College of Healthcare Executives",
number = "2",

}

TY - JOUR

T1 - Strategic alliances between physicians and hospitals in multihospital systems

AU - Gregory, D.

PY - 1992

Y1 - 1992

N2 - Regional consolidation is one of the most frequently prescribed remedies for the ills facing hospitals today. Overcapacity, net revenue erosion, poor financial positioning, and high costs are some of the factors driving consolidation. One of the greatest challenges for multihospital systems is to align the interests among physicians practicing at the member hospitals and the system's corporate strategy (Hospitals 1990). This article offers a framework for analyzing these problems based on the economics of agency relationships and applies the framework to two case studies of strategic alliances between hospitals and physicians in a multihospital system. Both are examples of the physician-multihospital organization.

AB - Regional consolidation is one of the most frequently prescribed remedies for the ills facing hospitals today. Overcapacity, net revenue erosion, poor financial positioning, and high costs are some of the factors driving consolidation. One of the greatest challenges for multihospital systems is to align the interests among physicians practicing at the member hospitals and the system's corporate strategy (Hospitals 1990). This article offers a framework for analyzing these problems based on the economics of agency relationships and applies the framework to two case studies of strategic alliances between hospitals and physicians in a multihospital system. Both are examples of the physician-multihospital organization.

UR - http://www.scopus.com/inward/record.url?scp=0026723723&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0026723723&partnerID=8YFLogxK

M3 - Article

VL - 37

SP - 247

EP - 258

JO - Journal of Healthcare Management

JF - Journal of Healthcare Management

SN - 1096-9012

IS - 2

ER -