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.

Provider Compensation in Rural Markets: Top 5 Lessons Learned

By Jon Morris, Manager | Coker Group

Over the past four years, I have worked with over a dozen provider compensation design and strategy projects for hospitals in rural markets. The smallest of these hospitals had one employed provider and the largest employed 50 providers. I learned many lessons through these engagements, but five primary […]

By |August 23rd, 2018|

Enhance Your Executive Compensation Model to Improve Retention and Recruitment

As the competition for experienced healthcare executives increases, the proper executive compensation model can help retain and recruit leaders. Though this statement may seem like common sense, you may be unsure of where to begin in assessing your organization’s plans, especially in contrast to others.

A strategic approach to executive compensation will help ensure the […]

By |August 21st, 2018|

3 Critical Elements for Building an Effective Human Firewall

As required by section 13402(e)(4) of the HITECH Act, the U.S. Department of Health and Human Services Office for Civil Rights (OCR) must post a list of breaches of unsecured protected health information (PHI) affecting 500 or more individuals. What can you do to protect your organization’s PHI? How can you ramp up your […]

By |August 20th, 2018|

Developing Management Services Organizations for Private Practices: The Newest Version of Strength in Numbers?

One reason providers seek alignment with a health system is their desire to step away from all non-medical business functions and focus solely on their clinical expertise. However, when providers pursue this alternative, they may not retain the same level of autonomy they historically enjoyed as they will in their new situation as an […]

By |August 15th, 2018|

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|