Economic credentialing in the news
Credentialing Resource Center Connection, December 2, 2010
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Economic credentialing has never been very popular with medical staffs. Some say it’s because it favors the aggressive business practices of hospitals and demotes the importance of competency and competition for practitioners. But is economic credentialing a battle that’s not worth fighting anymore?
Advocates say yes, the economic credentialing battles of yesterday are on their way out, replaced by discussions about accountable care organizations (ACO) and the importance of teamwork.
“It makes this issue less likely to be as important in the future as it is right now,” says David Simon, Esq., a partner with Foley & Lardner, LLP, in Milwaukee.
A recent Arkansas Supreme Court ruling, Baptist Health v. Murphy, shines the spotlight on the economic credentialing argument that’s alive and well in some hospitals.
“Baptist wasn’t alone in having a policy that really had the purpose of eliminating competition and increasing business for them,” says Robert Iwrey, Esq., founding partner at The Health Partners, PC, in Southfield, MI.
No one knows what the future may hold, but as for today, hospitals and medical staffs need to understand the principles of economic credentialing before deciding whether to resign it to the history books.
Learn more about this issue in “Future of economic credentialing in doubt: Arkansas court ruling attracts attention, but will healthcare reform take it away?” in Briefings on Credentialing, December 2010, available at www.CredentialingResourceCenter.com.
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