About Us

MedCBO

Empowering Independent Practices Through Innovation and Expertise

At MedCBO, we specialize in delivering business solutions that enable independent physician practices and their healthcare organization partners to achieve financial stability and operational excellence. We are deeply familiar with the complexities of the healthcare environment and focus on empowering you to navigate change, improve outcomes, and build stronger, more resilient practices.

Our Mission

Equipping independent physician practices with tailored financial and operational solutions to maximize financial solvency, enabling providers to thrive while focusing on exceptional patient care.

Our Vision

A healthcare ecosystem where independent physician practices thrive, driving innovation, improving patient outcomes, reducing costs, and fostering healthier communities.

Why Independent Practices Matter

Stronger Doctor-Patient Relationships: Patients tend to report higher satisfaction levels in independent practices, partly due to the more personalized attention and continuity of care. Higher patient satisfaction has been shown to correlate with better treatment adherence, which can improve overall health outcomes. A survey by Software Advice found that 78% of patients appreciate the more personal relationship with their provider in independent practices. The same survey indicated that 60% of patients feel a greater sense of trust and 57% believe the quality of care is higher in independent practices compared to corporate ones. – Medical Economics

Lower Readmission Rates: 8% Lower Readmission Rates with a Focus on Care Continuity. Research indicates that larger primary care practices, often associated with corporate ownership, may have higher readmission rates than smaller, independent practices. A study analyzing over 1,000 primary care practices found that hospital-owned groups had 6% more patient-centered medical home processes in place than private practices. Despite this, physician-owned groups had significantly lower admissions than hospital-owned practices. – Healthcare Dive

Better Collaboration and Tailored Resource Allocation: 15-20% More Collaboration with local hospitals and specialists. Independent Physicians have greater control over resource allocation, allowing them to tailor their practice to the specific needs of their patient population. By contrast, in Corporate-Owned Practices, Physicians may have less control over resource allocation, as decisions are often made at the organizational level. While this can lead to standardized practices and potentially more efficient resource use, it may also limit the ability to adapt resources to specific patient needs. – Tebra.

Independent practices often have more flexibility to implement preventive care and patient education, which can reduce the need for costly emergency visits, hospital readmissions, and specialist referrals. This focus on prevention and early intervention may result in better long-term health outcomes. MedCBO provides corporate-level services for aggregate resource allocation while allowing the Independent Practice to maintain its ability to customize care decisions and resource utilization to a specific population.

Reduced Referral Leakage: Independent physicians often establish long-term relationships with their patients, which can influence referral patterns. These relationships may increase the likelihood of referring patients to specialists within their own network or to those with whom they have a trusted history. Building and maintaining a strong referral network is crucial for sustaining practice independence and ensuring comprehensive patient care. Strategies include actively engaging with local specialists, participating in community health initiatives, and leveraging technology to streamline referral processes. – Physicians Practice

Lower Cost for Hospital Partners: 14% Lower Administrative Costs leading to better resource allocation. An American Medical Group Association (AMGA) survey revealed that system-affiliated groups experienced a median loss per physician exceeding $249,000, with total expenses per physician reaching $1,036,238. In contrast, independent medical groups reported a profit per provider of $12,434 in 2019, an increase from $5,200 in 2018. – Medical Economics

Higher Quality of Care: A 2023 survey indicated that 57% of patients believe the quality of care is higher in independent practices. In contrast, only 8% of patients prefer corporate-owned practices. – Medical Economics. Independent practices tend to provide better continuity of care because they are often smaller, and physicians build long-term relationships with their patients. These relationships can lead to a deeper understanding of patients’ health histories, preferences, and needs, which contributes to more personalized care. Studies show that continuity of care is associated with better health outcomes, including lower hospitalization rates and improved chronic disease management. – JAMA Internal Medicine

Increased Physician Satisfaction: A 2024 survey highlighted that nearly 90% of independent providers cited increased control over work conditions and work-life balance as primary reasons for choosing independent practices over hospitals and corporations. – Tebra. Research indicates that physician satisfaction (higher in independent settings) is linked to better patient care outcomes, as physicians are more engaged and invested in their patients’ well-being.

27% Higher Patient Satisfaction due to stronger patient-provider relationships.

8% Lower Readmission Rates with a focus on care continuity.

15-20% More Collaboration with local hospitals and specialists.

IPs are more likely to refer to local hospitals they have stronger ties

14% Lower Administrative Costs leading to better resource allocation.

Patients under IP care report 11% fewer non-emergent ED Visits.

How We Can Help

About Us

Empowering Independent Practices Through Innovation and Expertise

Our Mission

Our Vision

Why Independent Practices Matter

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