Thursday, January 7, 2016 | Larry Sobal
“Yesterday, all my troubles seemed so far away . . . ” That iconic opening line sung by Paul McCartney seems to sum up the first few days of the New Year; 2015 is in the past and 2016 is too new to know what types of challenges (or opportunities) it will bring. As promised, today I will talk about the key questions that CVSL programs should be asking themselves to assess their current status and potential going forward.
Although MedAxiom works with hundreds of heart programs across the country, the organization is rooted in its original principle of the CVSL community helping one another—we get to see many common and uncommon themes. That being said, the questions below are typical in the sense that answering “Yes” to most or all will generally have a correlation with successful and progressive heart programs. Answering “No” to many of these will usually be correlated with heart programs that are spending most of their energy overcoming daily challenges vs. being focused on advancement.
For purposes of this list, the questions apply to both heart programs as well as individual cardiology and/or cardiothoracic surgery practices, which may be independent or embedded into a CV service line through some form of contractual alignment or employment.
Here are the 16 questions to ask yourself now.
Organizational. Mike Carlson, an attorney who has helped hundreds of cardiology practices align with their respective hospital/system partners over the past decade said it best: “When your governance isn’t right, you’re likely to be miserable every day.”
Operations. It’s been said that “Culture eats strategy for lunch.” Aside from ineffective governance, the other thing most likely to determine whether you have joy or misery each day is how well your operations function. Nothing drags down morale as fast as when people spend all day battling broken processes and ineffective systems.
Clinical. If there were one area that you can't afford to be less than stellar, it's in the clinical arena. While various sources of external data suggest there is a wide range of clinical performance across the U.S., I've rarely been to a heart program that didn't think it was performing well. Can everybody be above average?
Transformational. Martin Luther King Jr. offered these inspirational and transformational words: “If you can't fly then run, if you can't run then walk, if you can't walk then crawl. But whatever you do, you have to keep moving forward.” These final questions can help you assess whether you are moving forward or stagnating.
There you have it, my sweet 16. Obviously, there are hundreds of possible questions that can be used to study your program/practice performance, but these should be a good start. If you are already MedAxiom member, are you taking full advantage of the many resources MedAxiom offers to help you address any areas where you are not an emphatic “Yes”? And if you are not a MedAxiom member, why not? Our community is very willing to share its successes; we can help you access the information you need to learn how to be better.
What are your biggest challenges for 2016? What keeps you from moving forward? Let me know and I’ll see how we can help.
P.S. Back to yesterday . . . over the holidays I read the book No Easy Day by former Navy Seal Mark Owen. In the book, he points out the Navy Seal motto, “The Only Easy Day Was Yesterday.” In this era of health care, I couldn't agree more.
Larry Sobal is Executive Vice President of Business Development at MedAxiom. He has a 35-year background as a senior executive in medical group leadership, hospital leadership and insurance. As part of his current role, Larry consults, writes and presents on topics relevant to transforming physician practices and health systems.
Larry Sobal, MBA, MHA, is CEO of a yet-to-be-named cardiology practice which is transitioning from employment to an independent physician group effective January 1, 2019. He has a 37-year background as a senior executive in physician practices, consulting, medical group leadership, hospital leadership and health insurance.
To contact, email: [email protected]
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