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Physician Wellness Program Decision Brief September 1, 2015

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Presentation on theme: "Physician Wellness Program Decision Brief September 1, 2015"— Presentation transcript:

1 Physician Wellness Program Decision Brief September 1, 2015
Lexington Medical Society Physician Wellness Program Decision Brief September 1, 2015

2 LMS Physician Wellness Program
Decision Brief Purpose Agenda Gain the LMS Executive Board’s approval of the Physician Wellness Program for implementation beginning on January 1, 2016. Intent & Concept Contracted Group Cost Analysis Budget Timeline Decision LMS Physician Wellness Program Decision Brief, Sept. 1, 2015

3 Intent & Concept Intent Concept
Help physicians take care of their patients by taking care of themselves Encourage physicians to seek help by offering a safe harbor Member vetted psychologist group Confidentiality Endorsed by LMS, KMA LMS contracts with the Woodland Group, a Lexington-based psychologist group 6 Visits per calendar year $130 per visit Physician contacts the Woodland Group directly for appointment, urgent appointment upon request Woodland will report numbers, not names Woodland verifies membership on the LMS website Members sign statement of understanding, kept at Woodland Group LMS Physician Wellness Program Decision Brief, Sept. 1, 2015

4 Contracted Psychologist Group: The Woodland Group
Six PhDs and One M.S. Based in Lexington, can later do a Louisville option through them Located in private setting Charge $130 per visit Members call their office line directly 8:00 to 4:00 p.m. Mon-Fri Urgent service available Vetted personally by LMS PWP Steering Committee on June 15th Woodland Group 535 W 2nd St #207 Lexington, KY 40508 LMS Physician Wellness Program Decision Brief, Sept. 1, 2015

5 Cost Analysis Facts: 500 active members $130 per session Assumptions
Estimate 4% of membership utilization Estimate 2 visit average 4% 7% 10% # Clients 20 35 50 1 Visit $2,600 $4,550 $6,500 2 Visits $5,200 $9,100 $13,000 3 Visits $7,800 $13,650 $19,500 4 Visits $10,400 $18,200 $26,000 5 Visits $22,750 $32,500 6 Visits $15,6oo $27,300 $39,000 LMS Physician Wellness Program Decision Brief, Sept. 1, 2015

6 Budget First Year: Counseling: $5,200 Legal: $3,000 Marketing: $1,500
Total: $9,700 Subsequent Years: Marketing: $500 Total: $5,700 LMS Physician Wellness Program Decision Brief, Sept. 1, 2015

7 Timeline Board Decision: September 1, 2015
Marketing Promotion: September – December 2015 PWP Starts: January 1, 2016 LMS Physician Wellness Program Decision Brief, Sept. 1, 2015

8 Decision Recommendation:
LMS Executive Board approve a Physician Wellness Program for implementation beginning on January 1, 2016. LMS Physician Wellness Program Decision Brief, Sept. 1, 2015


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