Aligning physician compensation with the health system’s strategic goals requires a strong compensation strategy. It’s imperative for organizations to clearly understand how to provide an optimal experience for their physicians. This will lead to increased physician performance and patient retention. HSG provides industry-leading resources and tools to help you improve your health system’s compensation strategy effectively while avoiding critical mistakes.
PHYSICIAN COMPENSATION CONSULTING
Create a compensation plan that fits your unique culture and objectives to keep physicians engaged.
Fair Market Value and Commercial Reasonableness
Avoid unnecessary risks as physician compensation compliance is critical to all health systems.
Advanced Practice Provider (APP) Compensation
Many organizations overlook this vital part of their compensation plan. Become an industry leader by maximizing APP Compensation.
Why HSG?
With over 20 years of success in healthcare consulting, we’re committed to helping medical groups achieve success through optimizing their physician compensation strategy. Our ongoing research allows us to stay ahead of industry trends and help organizations reach their goals.
Get started with one of our consultants to optimize your network strategy.
RELATED THOUGHT LEADERSHIP
Overcoming Challenges in Provider Compensation
This whitepaper outlines upcoming challenges in provider compensation as a result of the COVID-19 pandemic and 2021 MPFS changes.
Misusing Provider Compensation Survey Data in 2021 and Beyond
This article provides and example of how misuse of provider compensation survey data can result in a primary care physician earnings 44% higher compensation for constant patient volume.
AHLA – Anesthesia Subsidy Assessment: Fair Market Value and Beyond
This article will discuss the central focus of a typical anesthesia subsidy assessment and appraisal—fair market value for provider salaries and benefits.
OUR EXPERTS
Although there are many issues that affect providers, few are more impactful than compensation. That is why most successful provider organizations make the development and execution of compensation strategy a top priority.
When physician and advance practitioner incentives are aligned with health system goals, high levels of productivity, provider engagement, customer satisfaction, and efficient practice operations can be achieved.
Most people do not think of creativity when they think of fair market value. Truth is, fair market value assessment and determination often requires creativity to meet the specific needs and circumstances based on current provider and market dynamics.
