HSG’s approach to developing compensation plans for physicians will give you a solution that fits your culture and your objectives. We will combine strong physician engagement, the building of a compensation philosophy, metrics from the value based purchasing environment, implementation support, legal oversight, and extensive financial modeling to create a phased plan that will drive success.
For more information on physician compensation plan design, call Neal Barker at (502) 814-1189.
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.
Building a Sustainable Provider Compensation Strategy: Best Practices for Employed Compensation (MGMA)
Two MGMA webinar educational sessions presented by HSG subject matter experts on Building Sustainable Provider Compensation Strategies
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
