Ochsner Health Systems, based in New Orleans, is one of the most successful group practices in the world. It was established by 5 former Tulane University surgeons and now employs more than 1,000 physicians. Warner Thomas, CEO of Oschner Health System, discusses the system in New Orleans.
Read MoreOn-boarding a new physician is definitely an investment. If the process goes wrong, the cost to recruit a new physician can cost between $25,000 and $50,000 (compounded by the loss of revenue while the position is empty).
Read MoreThe increase in mergers and acquisitions in the healthcare industry has caused fees to rise to about 59% for 2015. Goldman Sachs controls 11.8% of the healthcare fees, JP Morgan is responsible for 11.2%, and Morgan Stanley has about 6.9%. The industry has seen a record of deal making as larger companies are buying up smaller rivals, and drug makers of generic medicines are creating ties with insurers.
Read MoreInsurance costs and deductible amounts are becoming increasingly more expensive, forcing physicians to consider the financial burden of patients. Medical schools are now requiring their students to take a course in the cost and value of services.
Read MoreOver the past four years, Medicare has been fining hospitals if too many of their patients are returning within weeks of being released. However, many safety-net hospitals and academic teaching hospitals claim that the fining is unfair because they take of poorer and sicker patients.
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