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In the United States, an independent practice association (IPA) is an association of independent physicians, or other organizations that contracts with independent care delivery organizations, and provides services to managed care organizations on a negotiated per capita rate, flat retainer fee, or negotiated fee-for-service basis.
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[12] [13] In 1921, the Illinois Masonic Hospital Association purchased Chicago Union Hospital [9] for $100,000. [10] By the end of the 1930s, the hospital had more than 150 beds. [11] In November 2000, Illinois Masonic Medical Center became a hospital member of Advocate Health Care.
This model is an example of a closed-panel HMO, meaning that contracted physicians may only see HMO patients. Previously this type of HMO was common, although currently it is nearly inactive. [7] In the group model, the HMO does not employ the physicians directly, but contracts with a multi-specialty physician group practice. Individual ...
The company's physicians practice preventive medicine and personalized primary-care medicine. The national network consists of 1,100 physicians serving over 380,000 patients in 45 states and the District of Columbia. [1] Each physician cares for up to 600 patients as opposed to the average 2,500-3,500 patients in a traditional primary-care ...
Medicare reimbursements for physicians, meanwhile, have dropped nearly 30% relative to inflation over the past quarter-century. In some communities, hospital-based care is cancer patients' only ...