September 25, 2015
How a Physician-Owned Hospital Works – And How it Benefits You
Physician-owned hospitals can provide certain advantages to patients that traditional hospitals cannot. 67% of physician-owned hospitals were awarded the highest possible ratings in a nationwide patient satisfaction survey.*
When you need surgery, it is important to choose the right hospital. You should consider its reputation for quality as well as whether the hospital is physician-owned. Looking at how a physician-owned hospital works shows the superior benefits it offers compared to a traditional hospital structure.
Hospitals owned by physicians tend to be more efficient because they have fewer decision-makers. Having fewer gatekeepers makes it easier to institute positive changes meant to benefit you as the patient. Unlike traditional hospital administrators, who do not work directly with patients, physicians offer solutions based on direct patient contact. This means that patient feedback and physician concerns directly influence hospital policy.
In traditional hospital settings, doctors are more restricted by budget decisions whereas physician-owned hospitals give their doctors more control over how they treat their patients. Doctors make their own decisions, which helps them provide better care to patients.
Perspective on Care
Physician-owned models focus on providing high-quality care to patients instead of seeing as many patients as possible. The majority of physician-owned hospitals also provide specialized medical care and tend to give patients more power over their medical decisions because they have time to make sure their patients are well-informed.
Arkansas Surgical Hospital specializes in orthopedic and spine surgeries with cutting-edge technology, well-planned operating rooms, and comfortable patient suites with an adjoining room for family to stay overnight.
While the administration in traditional hospitals often focuses extensively on the bottom line, our surgeon-owners run the hospital with more focus on care, experience, and safety for our patients.
Benefits of Physician-Owned Hospitals
The benefits of physician-owned hospitals directly reward you, the patient. Compared to traditional hospitals, physician-owned hospitals tend to have the same or better:
- Satisfaction ratings from patients and their family members
- Readmission rates
- Problem prevention
- Care as a whole
Physician-owned hospitals provide higher quality of care by specializing in a smaller number of procedures than a traditional hospital, cutting down on bureaucratic procedures and creating a sustainable cycle of patients who return because of their high satisfaction level. Physician-owned hospitals also benefit the local economy by paying taxes that traditional hospitals are exempt from paying.
When the Centers for Medicare & Medicaid Services began its Hospital Value-Based Purchasing Program in 2012, nine of the top 10 hospitals rewarded for providing top-notch care were owned by physicians.
If you are looking for a high degree of patient satisfaction and high quality care and outcomes, contact Arkansas Surgical Hospital at (877) 918-7020 and schedule your consultation with one of our renowned surgeons or pain management specialists. We’re one of the best physician-owned hospitals in Arkansas.