Advanced Practice Provider (APP) compensation model alignment is strategically important, but often overlooked or simply not addressed. Although APP compensation may be able to mirror the physician compensation model by specialty, the process often requires a concomitant review of related business operations.
HGS can help engineer practical, sustainable, and well-accepted APP compensation models and associated business practices that promote team-based care and support organizational goals and objectives.
ADDITIONAL PHYSICIAN COMPENSATION SERVICES
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.
Why HSG?
With over 20 years of success in healthcare consulting, we’re committed to helping medical groups achieve success through optimizing their APP 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
Advanced Practice Providers (APPs): Employment, Compensation, and Utilization Models (Webinar)
This webinar explores Advanced Practice Providers employment vehicles, addresses comprehensive compensation models, and promotes effective utilization.
APP Collaboration and Physician Compensation
Advanced Practice Provider (APP) collaboration presents a spectrum of physician involvement that varies according to experience. The effort required to fulfill these expectations should be appropriately recognized in the physician compensation model.
APP Employment and Compensation Models to Optimize Alignment
Advanced Practice Provider (APP) employment methodologies and compensation philosophies should be reviewed to maximize alignment with organizational goals and objectives.
TESTIMONIALS
“HSG’s expert assistance was invaluable in our work to successfully revise our physician and Advance Practice Provider (APP) compensation models. Proactively involving direct physician and APP participation in model development generated understanding, acceptance, and ownership of the proposed changes. In addition, HSG identified specific operational items impacting our ability to effectively convert our primary care APPs from a straight salary to a model that parallels the physicians. Even after the project ended, they unhesitatingly provided clarification and further assistance when questions arose. We would not have been able to achieve these timely results without HSG’s support.”
Jim Snider – Vice President, St. Luke’s Medical Group of St. Luke’s Hospital
