Overview
Redesign Provider Compensation for Compliance, Sustainability, and Strategic Alignment
Hospitals and health systems face mounting pressure to balance provider compensation with financial sustainability, regulatory compliance, and strategic objectives in a rapidly evolving healthcare environment.
HSG guides hospitals and health systems through a structured, consensus-driven compensation plan redesign process—covering discovery, development, implementation, and ongoing support—to ensure provider compensation is market competitive, financially sustainable, compliant, and strategically aligned with organizational goals.
How We Work
The Challenge: Outdated, Unrealistic Compensation Plans
When your compensation plan is based on legacy rather than reality, your plans run the risk of:
- Lacking alignment with organizational goals
- Failing to incorporate value-based incentives
- Not being competitive or adaptable enough to attract and retain top talent
Without a structured, data-driven approach to compensation plan redesign, organizations risk misalignment, provider dissatisfaction, and exposure to compliance risks.
Discover, Develop, and Implement
HSG Advisors delivers a comprehensive, consensus-driven approach to compensation plan redesign for hospital and health system employed providers, guiding organizations through every phase of the process. This structure ensures that compensation plans are market competitive, financially sustainable, compliant, and strategically aligned—driving provider engagement, retention, and organizational success.
Discovery
Conducts a thorough review and benchmarking of current compensation plans, analyzes wRVU productivity, reviews provider contracts, distributes provider compensation surveys, and interviews key stakeholders to build a foundation of understanding and trust.
Development
Facilitates the selection of compensation frameworks and parameters, designs nonproductivity metrics and targets, and models financial impacts to ensure alignment with organizational goals and market benchmarks.
Implementation
Support roll-out and communication strategies, provide ongoing provider-level modeling and adjustment, create plan documents and individual provider reports, and deliver FMV and CR opinions as warranted.
Ongoing Support
Offers specialty-specific implementation, regular plan performance evaluation, and adjustment of nonproductivity measures to ensure continued alignment and effectiveness.
Related Resources
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Provider Compensation: Creating Value-Based Incentive Options to Drive Results
Redesign Your Model for Success
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Creating a Professional Services Coding and Documentation Audit and Education Program
Enhance your healthcare practice and improve coding accuracy, provider productivity, and financial sustainability.
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Ensuring FMV Compliance in Provider Compensation
Identifying, understanding, and mitigating risks across the health system.
