Business of EP: EP Business 101: Winning the EP Practice Superbowl-Business of EP: EP Business 101: Winning the EP Practice Superbowl

Video Transcription

Video Summary

The session on the Business of Electrophysiology was led by Thomas Dearing and Melissa Middeldorp and comprised multiple speakers discussing various aspects of managing electrophysiology care in contemporary healthcare settings. The presentations addressed the evolving business landscape of electrophysiology, including the development of allied professional teams to enhance efficiency and patient care, as articulated by Brynne Decker-Crooks. Dominic Abrams discussed optimizing team performance and mental skill development, drawing parallels between successful healthcare teams and sports teams. Christopher Liu explored the complexities of the reimbursement landscape, highlighting the discrepancies between physician and facility payments and discussing future directions in value-based care. He touched upon the influence of government regulations and the role of alternative payment models. Victor Cotton discussed negotiation strategies for healthcare professionals to enhance their resource access and professional satisfaction, urging electrophysiologists to recognize the different mindsets of hospital administrators. The session also included a Q&A where attendees interacted with the panel to discuss practical challenges and opportunities in electrophysiology practice management. Topics included the utilization of nurse practitioners, the concept of physicians as stakeholders, and potential shifts towards using Ambulatory Surgical Centers (ASCs). Overall, the session highlighted the importance of balancing clinical practice with business acumen to help electrophysiologists navigate the complexities of modern healthcare ecosystems effectively.

Keywords

Electrophysiology

Healthcare management

Allied professional teams

Team performance

Reimbursement landscape

Value-based care

Negotiation strategies

Ambulatory Surgical Centers

Physician stakeholders

Healthcare ecosystems