Physician-Hospital Organizations
A Physician-Hospital Organization (PHO) is a partnership between hospitals and physicians aimed at improving healthcare delivery. This collaboration allows hospitals and doctors to work together more effectively, sharing resources and information to enhance patient care. PHOs often negotiate contracts with insurance companies, which can lead to better reimbursement rates for both parties.
By combining their strengths, PHOs can streamline services, reduce costs, and improve patient outcomes. They may also focus on preventive care and chronic disease management, ensuring that patients receive comprehensive treatment. Overall, PHOs play a crucial role in the evolving landscape of healthcare.