I know of a hospital in my area that is currently under contract with an AMC. It's a small community hospital with mainly bread and butter stuff. About 8 years ago the care at the hospital was run by a nice group of anesthesiologists with a few CRNAs on staff. The group lost the contract to the AMC and long story short over five years the staff turnover has been high and they are constantly looking for suckers to fill their empty spots. What would be the likelihood of approaching the hospital with a business model and taking the contract back? Anyone heard of this happening?
AMC losing a contract
- Thread starter PainDrain
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whats AMC
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Yes. Especially if the AMC is no good. If it's the same group and the hospital wants out, your negotiating power is actually raised IF they want you back.
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It's a race to the bottom. Can you provide the service for cheap but at the same time maintain stable competent staff? What makes you think that administration is unhappy with the AMC?
You can certainly do that. What you don't know is the current terms of their contract. How long is it? What's the hospital's out from it? Would the hospital have to pay a penalty? What exactly does the contract cover? MDs? MDs + CRNAs? 24 hour OB coverage? etc. Also what is the case and payer mix? It doesn't do you any good to bid on the contract if you'd lose money doing so.
Is it possible? Of course. It's just not terribly likely. And remember, to take over you'd need to have a full staffing model in place to start on day 1. Depending on the contracts of the current AMC employees, they probably have non compete clauses that wouldn't let you use them.
