BackTable / VI / Podcast / Episode #133

MSOs and Value-Based Care: What You Need to Know

with Dr. Chris Pittman

We talk with Dr. Christopher Pittman to better understand Management Services Organizations (MSOs) and what they can do for your practice. We also get the 101 on Value-Based Care payment models.

Sponsored by:

Medtronic VenaSeal
MSOs and Value-Based Care: What You Need to Know with Dr. Chris Pittman on the BackTable VI Podcast)
Ep 133 MSOs and Value-Based Care: What You Need to Know with Dr. Chris Pittman
00:00 / 01:04

BackTable, LLC (Producer). (2021, June 18). Ep. 133 – MSOs and Value-Based Care: What You Need to Know [Audio podcast]. Retrieved from https://www.backtable.com

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Podcast Contributors

Dr. Chris Pittman discusses MSOs and Value-Based Care: What You Need to Know on the BackTable 133 Podcast

Dr. Chris Pittman

Dr. Chris Pittman is a practicing Interventional Radiologist, CEO, and CMO with Vein 911 in Tampa, Florida.

Dr. Aaron Fritts discusses MSOs and Value-Based Care: What You Need to Know on the BackTable 133 Podcast

Dr. Aaron Fritts

Dr. Aaron Fritts is a Co-Founder of BackTable and a practicing interventional radiologist in Dallas, TX.

Show Notes

In this episode, interventional radiologist and vein treatment expert Dr. Chris Pittman and our host Dr. Aaron Fritts discuss the structure and benefits of management services organizations (MSOs).

As healthcare moves from a fee-for-service model to a fee-for-value model, MSOs have become increasingly popular. Dr. Pittman gives a brief overview of the services that these organizations can provide to independent physicians. These services can encompass billing, human resources, scheduling, contract negotiation, marketing, and any aspect of practice management outside of direct medical care. We discuss the benefits of joining an MSO, which include sharing resources within the network, offloading non-medical functions, controlling costs, learning best business practices, and ultimately, having more time and energy to deliver quality patient care. Additionally, having a network of practices allows each physician to have access to industry data and benchmark themself from operational, clinical, and patient satisfaction standpoints.

Dr. Pittman advises all physicians to have due diligence when deciding to join an MSO. He emphasizes the importance of determining the amount of physician autonomy that will be retained, evaluating the organization based on outcomes of past clients, and having an attorney look over agreements. In general, he believes that the most well-run MSO’s are the ones that focus on a single specialty and have physicians on their leadership teams.

Resources

Health Performance Specialists (HSP): https://www.healthperformancespecialists.com/

Disclaimer: The Materials available on BackTable.com are for informational and educational purposes only and are not a substitute for the professional judgment of a healthcare professional in diagnosing and treating patients. The opinions expressed by participants of the BackTable Podcast belong solely to the participants, and do not necessarily reflect the views of BackTable.

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