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
RELATED THOUGHT LEADERSHIP
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.