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Faculty Practice Plan Development

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Decentralized models and complex hierarchies often create performance pitfalls for faculty practice plans, impacting their strategy, finance, and operations.

Chartis helps organizations move toward a more efficient model to create a better experience for patients, strengthen financial performance, and deliver consistent operational standards across departments. 

Break down silos to drive medical group performance

Medical groups often face the hurdle of departmental silos, where customized processes and legacy staffing models create friction across sites.  

  • Disjointed operating standards: Without central oversight, departments often set individual expectations for faculty effort, such as clinical hours and protected research time. 
  • Inconsistent patient experience: Patients often encounter different protocols—from copay collection to how they are greeted. That variability limits satisfaction, loyalty, and growth.  
  • Infrastructure gaps: The lack of standardized IT, compliance, and group purchasing functions can leave significant savings on the table. Limited enterprise data integration can also restrict the organization’s ability to identify improvement opportunities. 

Building integrated faculty practice plans for transformative results

We partner with your leadership to analyze your operations through financial data and stakeholder input. We then align faculty effort and management infrastructure to your mission-informed goals, delivering a clearer operating model, stronger accountability, and measurable improvements in performance and physician alignment. 

  • Practice plan financial review: We conduct a comprehensive assessment of your operating model, combining stakeholder feedback with benchmarking data and performance analytics to show you what is working, what isn’t, and why. We help translate these insights into clear priorities that improve operational performance and guide smarter investments.
  • Faculty effort optimization: We work side-by-side with your clinical and administrative leaders to define how faculty time is spent today, then realign effort across clinical care, research, and administration to reflect your strategic priorities.  
  • Mission-based management infrastructure: We help turn strategy into a clear performance model that aligns incentives, governance, and decision-making across clinical, research, and educational missions.  
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Our perspective:

Transformation happens when you connect strategy, operations, and finance, and put real accountability behind them. That’s how faculty practice plans move from incremental gains to sustained performance. ”

– Lisa Keane, Senior Partner

Frequently Asked Questions

How can faculty practice plan development improve financial performance in an academic health system? 

Faculty practice plan development can improve financial performance by identifying decentralized operating inefficiencies, infrastructure gaps, and inconsistent standards across departments.  

How does standardization improve patient experience in faculty practice plans?

Standardization aligns protocols across academic health system sites—from check-in and copay collection to patient greeting—so patients encounter a consistent, low-friction experience that strengthens satisfaction, loyalty, and growth. 

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Creating sustainable economics for health system-owned medical groups: Five levers for transformation

Many medical group leaders have pursued financial improvement, yet few have gained significant long-term success. We share five key levers and examples of groups that have created sustainable models. 

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