The Advisory Board Company is a “global research, technology and consulting firm helping hospital and university executives to better serve patients and students”. In addition they have Physician Practice Roundtable unit designed to serve the independent physician market. On June 1, 2012 this unit held their New Performance Standard Summit in Washington, DC. At that meeting they presented a new definition of “High-Performance” based on the premise that it is a “question of time, not direction” that the downward trajectory of provider payment of providers and medical groups based on fee-for –service models is an ongoing trend and that successful medical groups must “ready their organizations for success under value-based payment models”.
|The Advisory Board Company High Performance definition image|