In order to stay abreast of the latest news and trends in this fast changing environment, we decided to start a blog. The Coker Group Report allows our consultants the opportunity to share postings on their thoughts and insights on topics relevant to everyone who is interested in healthcare.

Does Your HIT Vendor Contract Leave Your Organization Exposed and at Risk?

While no practice, hospital, or health system can ever be wholly guarded against cybersecurity threats or risks, health information technology (HIT) vendors represent one of the highest risk areas in an organization’s cybersecurity structure. Vendor contracts are an appropriate place to address cybersecurity and establish requirements for vendors to reduce the risk of exposure.

Performing […]

By |July 20th, 2018|

Assess the Health of Your Practice Operations

By Jeff Gorke, Senior Vice President | Coker Group

Whether you are “concerned, yet cruising” (e.g., maintaining healthy margins), or you suspect significant fissures within your physician organization, an assessment of your operations is beneficial. Operational assessments provide a baseline determining areas of operational inefficiencies and their cause(s) while offering quantifiable results.

Coker provides both full […]

By |July 19th, 2018|

Key Points About Risk Adjustment of Quality and Cost Data

Almost every provider I’ve ever known claims that their patients are more complex and challenging to manage than others. This perspective is especially true when providers review quality or cost efficiency data that shows them performing lower than their peers.

The good news is that CMS has a system to account for clinical complexity and […]

By |July 18th, 2018|

Is Your Healthcare IT Up To Par? Why IT Assessments are Beneficial

Information technology (IT) assessments are critical in healthcare for several reasons. Since the widespread implementation of electronic medical record (EMR) systems over the past few years, many health organizations need to ensure their current technologic bandwidth can handle such an increase of usage. Assessments provide windows to help identify processes, user (Front Office/Back Office […]

By |July 17th, 2018|

Comprehensive Executive Search Should Include Leadership Cultural Assessment

An adage in the search world goes something like this: “Candidates are hired for skills and experience but fired for fit.” Seldom do you hear that a leader didn’t work out because they lacked the skills or experience needed to do the job. Rather, you may frequently hear comments like:

“She just didn’t fit […]

By |July 16th, 2018|

MACRA Implementation: Have you Established a Plan to Succeed?

By now, most organizations participating in The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), the groundbreaking CMS payment model, have reported their first year of data. They are awaiting their results to see how Medicare provider payments will be adjusted once MACRA fully kicks in, as of January 2018.

The most foresighted organizations, […]

By |July 13th, 2018|

Is Your Talent Pipeline Full, Half Empty, or Totally Dry? Developing Internal and External Talent

As healthcare organizations continue to deal with the increasing speed of change, one constant is the need to create sustainability within the organization. A critical component of stability and ongoing success is the talent level of the organization’s future leaders. It is vital, therefore, to develop a steady pipeline of capable employees to ensure […]

By |July 12th, 2018|

Hospital-Physician Disengagement – Say that Again?

Over the last few decades, conversations relative to alignment between physicians and hospitals have become increasingly more common, with providers seeking new and alternative ways to partner. While the dialogue has shifted from discussions solely about employment (i.e., the 1990s to early 2000s) to more innovative models (common in the most recent decade), the […]

By |July 11th, 2018|

Post-Merger Integration: The Key to Value Creation in Healthcare Transactions

Mergers and acquisitions (M&A) is not a new concept for hospitals and other healthcare industry organizations, particularly during the era of hospital-physician alignment. Making M&A transactions work, however, is an entirely different exercise and increasingly challenging in today’s marketplace.

The foundation of this discussion is to first define what we mean by “making a transaction […]

By |July 10th, 2018|

Direct to Employer Contracting Arrangements: A Response to Rising Premiums and Compromised Care

An increasing number of self-insured employers face rising premiums and real, or perceived, cutbacks in quality of care from their health insurance carriers. In response, providers are stepping into the breach and offering direct-to-employer (DTE) contracting for the delivery of healthcare services.

Hospitals, health systems, and clinically integrated networks (CINs) of providers are offering the […]

By |July 9th, 2018|