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Sound Physicians Business Model: Ensuring Optimal Care & Sustainability

Explore our business model focusing on meeting hospital partner expectations, demonstrating performance, and providing data & infrastructure. Learn how we balance physician workload, hospital investment, and patient care to sustain a successful practice.

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Sound Physicians Business Model: Ensuring Optimal Care & Sustainability

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  1. Our Business Model

  2. Points to Ponder • What do our hospital partners expect from our hospitalist teams? • How does Sound report to the hospital in order to demonstrate that these expectations are being met? • What data and infrastructure does Sound provide you in order to meet these expectations?

  3. Our Business Model • Each program has a design range that allows for manageable encounters of 12 – 15 patients at 7 am • Patients are at the center • Manageable encounters allows you to deliver optimal care (to both the hospital and patients) while preserving the viability of “the business” • Provides time for physicians to contribute to the service and quality within Sound Physicians and our Partner Hospitals • Physician career sustainability is key to our long-term success • This is our “value equation” - our hospital partners’ motivation to “invest” in the program

  4. The Hospital Payment Management Fee ~35% • The hospital’s payment is essential: • Supports our vision, mission and values • Hospital pays for us all to deliver on performance improvement • Hospital investment is 35-40% per hospitalist • This investment creates a manageable day for you Patient Care Revenue ~65%

  5. Sound Physicians Business Model • Hospital’s expectations in exchange for their investment • Physicians who care about the hospital’s well being • Alignment with goals • High-quality service • Efficiency, outcomes • Superior support • Remember our Vision • Be the unmatched leader in improving quality and reducing the cost of healthcare for patients in the communities we serve

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