I am privileged to serve on the board of and be an investor
in Medical Management, Inc., known as MedMan (http://www.medman.com/).
In light of the theme of this issue of the Business Insider, I thought it might
be interesting to the readers if I were to discuss this company.
MedMan is a medical group management company. What that
means is that physicians and hospitals outsource the management of their
clinics to us. The providers take care of the medicine; we take care of the everything
else. Administrators of the
clinics are our employees. All the
non-medical staff in a clinic work under the direction of our
administrator, who in turn reports to the physician or hospital owners.
We manage 25 clinics throughout the NW including Idaho,
Washington, Wyoming, Oregon and Alaska.
About half are physician-owned clinics and half are hospital-owned
clinics. Collectively the clinics we manage take care of about one million
patients. We believe we are the largest medical clinic management company in
the Pacific Northwest.
Why would clinic owners want to outsource their
management? Because they are
experts at the practice of health care; we’re experts at managing medical
clinics. We also provide strategic
planning and other consulting services for medical clinics, and interim clinic
management for those between administrators.
As America’s first medical group management company, we
bring more than 35 years of experience to our clients. And we bring the collective wisdom of
our administrators to each. The
administrators meet together virtually each week to discuss and solve problems
and twice a year they gather at MedMan University to be updated on the current
trends in clinic administration.
These are interesting times to be in the business of health
care management. Our clinics are
working to embrace the concepts in the Affordable Care Act including the notions
of medical homes and accountable care organizations, two of the important
mandates in the act. But while we
as a society are reinventing the delivery of health care, patients must continue
to be served.
We believe at all times, but especially in times of
turbulence and change, a successful business must be grounded in a strong and
enduring philosophy. Otherwise it
is easy to lose your way as the environment constantly changes.
We are values and purpose driven. This has allowed us to continue to grow our business in
spite of the tremendous uncertainty in the health care environment.
Our purpose is to “create access through clinics that work.”
By that we mean that efficient and effective health care providers best serve
patients. Our company is employee
owned with virtually every employee (and all board members) having a stake in the
success of the company. Every one
of our employees shares our values of integrity, respect, loyalty and
information sharing.
These are extremely challenging times for health care
providers. I am honored and proud
to be associated with a values-driven company that continues to do the
important but unglamorous work of providing access to health care.
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Dr. Kevin Learned is the director of the Venture College at Boise State University and a member of the board of directors of the Boise Angel Alliance. This blog post was originally published in Business Insider, a business magazine of the Idaho Statesman on February 19, 2014.
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