Navigating Cardiovascular Employment Trends

Abstract

Section snippets

The Landscape of Cardiovascular Employment Models

There are roughly 6 distinct types of employment models in today’s cardiovascular practice landscape, spanning from the more traditional models of independent practice and academic medicine to newer integrated health system models and private equity-backed ventures.

Recognizing Nonclinical Competencies in Clinical Practice

Regardless of the chosen employment model, effective organizational management and leadership are essential to ensuring excellence in patient care, clinician satisfaction, and long-term financial viability. Independent practices have long recognized this by integrating clinicians into these nonclinical roles. Typically, lead clinicians in these practices take on key managerial and executive roles (often in a dyad relationship), ensuring that daily operations are run efficiently, and the right

A Way Forward

Health systems and corporate entities must recognize and reward the nonclinical work of physicians. Clinician insight is invaluable when shaping care delivery models, and failure to acknowledge this input not only undervalues the clinician's contribution but also imperils the quality of care. Compensation structures must account for the opportunity cost of nonclinical work, acknowledging that time spent on administrative or leadership duties is time taken away from direct patient care.Various