Aligning physician compensation with health system and employed network goals has never been more complicated. The transition to fee-for-value has increased the importance of quality and efficiency metrics, but the varied paced in which this transition occurs across markets complicates compensation planning. HSG’s resources can help you deal with challenges effectively, while avoiding critical mistakes.
For more information on physician compensation plan design or fair market value opinions, call Neal Barker at (502) 814-1189.
PHYSICIAN COMPENSATION SERVICE LINES
Engage physicians to design a compensation plan that fits your unique culture and objectives
Avoid unnecessary risks as physician compensation compliance is critical to all health systems
Commercial Reasonableness Opinions
Ensure your transactions with physicians are commercially reasonable and obtain the proper supporting documentation
RELATED THOUGHT LEADERSHIP
Employed Physician Networks – A Guide to Building Strategic Advantage, Value and Financial Sustainability
In December 2018, the American College of Healthcare Executives (ACHE) publishing arm Health Administration Press (HAP) published our book Employed[…]
Employed Provider Compensation: Strategies to Support Your Network’s Evolution
At HSG, we spend most of our time focusing on strategic and operational issues related to employed provider networks We work with clients to build culture,[…]
Physician Compensation Stacking—Impact on Fair Market Value and Commercial Reasonableness
Hospitals and health systems must be cognizant of the risks associated with “compensation stacking”, a term used to describe the cumulative effect on fair[…]
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.