In 1997, Kingsdale Gynecologic Associates, Inc. and Northeast Obstetricians & Gynecologists, Inc. met to discuss the development of MaternOhio Management, Inc., a Physician Service Organization (PSO). The merging of the administrative functions and other services would create an organization large enough to enhance purchasing and negotiating power.
The PSO structure is the most appropriate and effective management structure for the participating physician practices. It allows the flexibility to combine information, decrease duplicate services, and improve operating efficiencies without individual practices losing their identity or independence.
In September 2014 MaternOhio Management, Inc. changed its name to Ascent Medical Management, Inc. (Ascent MMI). The implementation of the goals for Ascent MMI and the development of services rests on a streamlined administrative staff. One administrator is responsible for the oversight management of each core physician practice. Other corporate duties consist of addressing legal and/or regulatory issues involved with the organization’s formation. Core competencies of the organization include negotiation, practice management, and awareness of the physician practice industry.
AscentMMI’s goals for the PSO are to:
- Streamline costs
- Support administrative functions
- Improve negotiating power with payers and other vendors
Ascent MMI offers services that result in cost savings through long-term efficiencies, contract negotiations, and decreasing duplicate efforts. The transfer of such responsibilities allows the physicians to direct their focus on patient care.