business
Specialists form Maine's largest IPA
NEWS IN BRIEF — Posted Feb. 14, 2011
Four physician groups announced Jan. 26 the formation of Maine Specialty IPA. With more than 250 physicians affiliated with Chest Medicine Associates, Portland Gastroenterology Associates, OA Centers for Orthopaedics and Spectrum Medical Group taking part, the independent practice association is the largest of its kind in the state.
The goal is to reduce administrative costs and improve contracting with insurers while maintaining independence.
"Collectively, we believe that by aligning and integrating, our groups will be able to improve clinical care coordination and delivery of specialty medical services for the benefit of our patients," said pulmonologist Robert McArdle, DO, president of Chest Medicine Associates in South Portland, Maine. "Simultaneously, we expect to improve efficiency and address the overall costs of health care services in a positive manner."
The organization is limited to the founding members, but the intention is to expand to include other practices.
The move comes as hospital employment of physicians is rising in Maine. About 15% of the state's physicians were employed by a hospital or federally qualified health center a decade ago, according to the Maine Medical Assn. That number has grown to 70%.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2011/02/14/bibf0214.htm.