OGME Development Initiative - American Osteopathic Association

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Transcript OGME Development Initiative - American Osteopathic Association

Why an Osteopathic
Residency in Your
Hospital
OGME Development Initiative
Benefits to Your Hospital
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Physician Recruitment
Revenue Stream
In-House Physician Coverage
Education and Technical Expertise
Enhanced Community Relations
Status in the Community = Competitive Advantage
Benefits to Your Medical
Staff
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Expanded Referral Network
Environment of Life-Long Learning
Prestige in the Community
Loyal Cadre of Graduates
Tighter Bonds between Attendings, House Staff and
Nursing
• Enhanced CME Opportunity for all Medical Staff
• Opportunity to Mentor and Mold Future Physicians
Recruiting Benefits
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Grow Your Own Medical Staff
Reduced Recruiting Expenses
Known Caliber of Training
Physicians Already Known and at home in
the Community
Patient Care Benefits
• Enhanced Quality of Care
• Increased Ability to Serve Unmet Community
Healthcare Needs
• Opportunity to Expand Scope of Services
• Presence of Residents 24/7
• More Contact with Physicians
• Increased Comfort Level for Nursing
Financial Benefits
• Medicare Direct and Indirect GME Payments
• Presence of Residents May Reduce Medical Staff
Coverage Expenses
• Potential Increase in Physician Referral Base
• Funding also may be available from Medicaid, the
Veterans Administration, the Health Resources and
Services Administration or other federal or state
programs
Trends Affecting Your
Hospital
• Physician Workforce Shortage
• New Colleges of Osteopathic Medicine
• Increasing Interest in Becoming an Osteopathic
Teaching Hospital
• Increasing Number of Osteopathic Graduates
= Opportunities and Options for Your
Hospital
Estimating Your
Hospital’s Medicare
Payments
• Figuring DGME Payment
• Calculating the IME Adjustment
• Change in IME with Teaching Intensity
DGME Payment
• Medicare’s share of costs directly related to resident
training
• Includes residents’ stipends and fringe benefits,
supervisory physician salaries and benefits, and
program administration and overhead costs
• Product of the hospital’s per resident amount
(PRA), Medicare utilization rate, and number of full
time equivalent (FTE) residents
IME Payment
• Recognizes a teaching hospital has higher patient
care costs due to the presence of a teaching program
• Includes the costs of treating sicker patients,
offering more services and technology, and training
residents who order more tests and are inherently
less efficient in providing patient care
• Product of a hospital’s teaching intensity, DRG
payments, and the IME adjustment factor for the
current fiscal year
Resources
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Local Champion(s)
Physician Leadership
Medical Staff
Hospital Administration
The Hospital Board
The Community
Your OPTI
The AOA
For Further Information
OGME Development Initiative
(800) 621-1773, ext. 8010
[email protected]