• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
HSG Advisors

HSG Advisors

Building High-Performing Physician Networks

MENUMENU
  • Home
  • About HSG
    • About HSG
      • Shared Vision
      • Leadership Team
    • Careers
  • Healthcare Consulting
    • Physician Strategy
      • Health System Strategic Plans
      • Employed Physician Network Strategy
      • Physician Growth Strategy
      • Shared Vision and Culture Development
      • Physician Manpower Plans
      • Service Line Strategy
      • Physician Co-Management
    • Physician Leadership
      • Shared Vision and Culture Development
      • Physician Burnout
      • Physician Governance and Leadership
    • Performance Improvement
      • Network Performance Improvement
      • Performance Improvement Implementation
      • Network Revenue Cycle
      • Practice Care Model Transformation
      • Practice Acquisitions
      • Advanced Practice Provider (APP) Utilization
      • Virtual Health
    • Network Integrity
      • Patient Share of Care
      • Patient Flow
      • Provider Service Location Analysis
      • Market Insight
      • Physician Network Intelligence
    • Physician Compensation
      • Compensation Plan Design
      • Fair Market Value and Commercial Reasonableness Opinions
      • Advanced Practice Provider (APP) Compensation
      • Medicare Physician Fee Schedule
  • Thought Leadership
  • Contact Us
  • Medicare Changes
  • Client Log-In
Client Log-In LinkedIn LinkedIn

Contact Us

Becker’s Hospital Review: You Can’t Wait Forever – Provider Compensation and the CMS Physician Fee Schedule

Organizations should shortly transition to using wRVUs from the current CMS Physician Fee Schedule for provider compensation.

December 22, 2021 by D.J. Sullivan

You Can’t Wait Forever – Provider Compensation and the CMS Physician Fee Schedule

Read the full article as originally posted by Becker’s Hospital Review

Organizations that have not already transitioned to using wRVUs from the current CMS Physician Fee Schedule (MPFS) should plan to make the switch sooner rather than later.

Due to the complexity surrounding this issue, many organizations continued to utilize the 2020 MPFS to calculate wRVUs for production-based provider compensation plans in 2021. In the short term, this ensured providers would continue to earn at historic compensation levels for similar volume. This also gave organizations time to conduct analysis and develop strategies for adjusting compensation parameters to coincide with the MPFS transition.

This was an effective approach last year and allowed many organizations to successfully transition to the new fee schedule. Based on our survey of 68 clients and colleagues, 58% of organizations implemented or planned to implement the new wRVU values by the end of 2021. (Figure 1) This leaves 42% of organizations who have pushed off implementation to 2022 or beyond.

Medicare Physician Fee Schedule

For organizations still operating under the 2020 CMS Physician Fee Schedule wRVU values, MPFS transition should be a 2022 priority. While maintaining 2020 wRVU values was a useful temporary measure, it is not a viable long-term strategy.

This article was originally published by Becker’s Hospital Review on December 21, 2021.
Read the full length article here.

Related Thought Leadership

2022 CMS Physician Fee Schedule Split/Shared Visit Rules and Impacts
AHLA: Health Law Connections Magazine Article – Challenges in Using National Survey Compensation Data

Category iconArticles,  Physician Compensation Tag iconCompensation Planning,  compensation plans,  compensation redesign,  COVID-19,  Physician Compensation,  physician compensation and incentives

Primary Sidebar

CMS Physician Fee Schedule

Receive Physician Strategy News

  • This field is for validation purposes and should be left unchanged.

Recent Thought Leadership

  • Service Line Growth and Patient Leakage Reduction
  • Essentials of Effective Physician and APP Onboarding
  • Building Support for a Health System Strategy
  • Interim Practice Management
  • Enhancing Health System Performance with Effective Practice Management Dashboards (MGMA Educational Session)

Insights for Confident Leaders

Sign Up for HSG's Physician Strategy News™ and Notifications on New Thought Leadership
  • This field is for validation purposes and should be left unchanged.

Footer

9850 Von Allmen Court
Suite 201
Louisville, Kentucky 40241

(502) 814-1180

info@HSGadvisors.com

  • Physician Strategy
  • Physician Leadership
  • Performance Improvement
  • Network Integrity
  • Physician Compensation
  • About HSG
  • Purchase HSG’s Book
  • Leadership Team
  • Careers at HSG
  • Thought Leadership
  • Privacy Policy

Take HSG’s Physician Network Evaluation Survey
Get Started Here

  • LinkedIn
  • Vimeo

© 2022 HSG Advisors. Website managed by SiteCare.com