"It says a lot about the credibility and strength of our faculty practice plan, that we have the clinical engine capable of generating the monthly revenue needed to pay this bond back," said Joseph Jackson, executive director of the USF Physicians Group.
One-stop shopping Jackson
joined the medical practice in 1994, after spending the first part of his
career working at managed care companies.He was director of managed care and business development at the physicians group until June 2005, when he was named interim executive director, then named to the post permanently in February.
"We stagnated for a little while, but through a combination of things we've begun to take off," Jackson
said of the group's financial and business operations. He
said the late Dr. Ronald Kaufman, founder of what is now USF Health, was the first to treat the practice plan as a business.The medical group focused on employee retention and established a managed care committee made up of one faculty member from each clinical department to oversee contracting with third-party payers.
"It was a way to get faculty engaged in negotiating third-party contracts," Jackson