105H - Developing a Practice Plan in an Academic Medical Center: Lessons Learned and Objectives Achieved in the First Two Years
Wednesday, March 22
Balancing the clinical, teaching, research and community service aspects of an academic medical center is best achieved through the implementation of a robust team-based practice plan. The inaugural years of a practice plan require a strong communication plan, reliable performance-based data, well-equipped leadership teams and the ability to adapt to support desired outcomes.
This session will share the balanced team-based approach developed to strategically support individual provider career growth, retention and professional well-being; identify importance of tying the practice plan outcome data back to the mission, vision, values and strategic plan of the organization; provide outcome data by organizational mission for the first two years of the practice plan; share process and outcomes of reinvesting in faculty through margin improvement; outline the necessity of education for physician and administrative leaders to implement a practice plan; and provide a roadmap for practice plan stability in future years. The use of a two-year case scenario from Children’s Mercy Kansas City will provide tangible details for participants in the way of practice plan metrics, outline the benefits of a team-based incentive approach, identify challenges encountered in the first two years and offer an overview of the plan’s performance-based outcomes.
- Provide mission-focused metrics and performance-based outcomes from first two years of practice plan implementation and demonstrate relationship to organizational health.
- Explain the relationship between an investment in a team-based practice plan and the growth in individual faculty members’ career development, retention and well-being.
Robert Lane, MD
Executive Vice President/Physician-in-Chief
Stacy Doyle, PhD, RN, FACHE, CPN, NEA-BC
Senior Vice President, Ambulatory and Physician Practice Operations
Sommer Hatfield, JD
Vice President Provider Administration