SOURCE: BDC Advisors

BDC Advisors

December 01, 2014 11:30 ET

BDC Advisors Urges Revitalization of Medical Professionalism

In Recent Trustee Article, National Healthcare Consulting Firm Highlights How Competing on Professionalism Affords Local Health Systems Opportunity to Revitalize Medical Professionalism and Increase System Performance

MIAMI, FL--(Marketwired - December 01, 2014) - In the recently released Trustee Magazine article "Competing on Professionalism," BDC Advisors managing Director, Dale Anderson, MD, writes as market forces continue to draw physicians into health system employment or Accountable Care Organizations (ACO) the opportunity for local health systems to define, promote, measure, monitor and reward professional behavior grows; creating the possibility of revitalizing medical professionalism.

Health system boards of directors and executives are moving into position to have a profound effect on medical professionalism in the United States. Medical professionalism -- the ethics which govern how physicians relate to their patients, their profession, and society -- is a vital but sometimes overlooked component of the nation's health care system. Dr. Anderson's article challenges Health system leaders to seize the opportunity created by reform by incorporating the values of medical professionalism into their formal organizational value set, and taking accountability for advancing medical professionalism for their communities.

Health systems with large employed medical groups or ACOs can now organize and appoint new system-level multidisciplinary Professional Standards Committee (PSC) charged to advance local medical professionalism and develop integrated code of values for all members of their institution.

As a national healthcare consulting firm specializing in strategic business planning and business diversification for large integrated healthcare delivery systems, academic medical centers, and managed care organizations, BDC Advisors has been on the forefront of reform assisting more than twenty leading health systems organize successful clinically integrated networks and accountable care organizations for the new value-based market. Rick Wesslund, BDC Advisors Founder and Chairman, said, "Physician behaviors have an enormous impact on the cost, quality of care delivered and patient satisfaction. We predict that organizations advancing medical professionalism can spark a cultural transformation and create a competitive advantage in their market." Learn more about this topic by downloading the full article.

BDC Advisors is a national healthcare consulting firm headquartered in Miami, which specializes in strategic business planning and business diversification for large integrated healthcare delivery systems, academic medical centers, and managed care organizations. For more information visit www.bdcadvisors.com. Follow us on Twitter @BDCAdvisors.

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