Compensation Plan Redesign

How We Work

Employed Provider Compensation Model Design is among the most critical aspects to achieving true alignment with physicians and advanced practice professionals (APPs).  In today’s environment, many organizations find themselves working to standardize the array of agreements they have signed over the last 15 years as the network has grown; other health systems are seeking to transition their models to incorporate more focus on outcomes and clinical practice models.  Whatever the goal, Employed Provider Compensation Model Design cannot be done in a vacuum- it must be inexorably linked to a health system’s organizational objectives, its culture, and its operational and financial objectives, as well as incorporate risk contracting tenets to ensuring regulatory compliance. 

HSG’s Compensation Leadership team brings together significant experience and thought leadership in the area of Employed Provider Networks and Employed Provider Compensation.  This allows HSG to understand your individual health system and employed network’s culture and structure, and anticipate practicing clinician perspectives and nuances, such as:

• APP Provider Mix and Utilization and Performance by Specialty and by Practice  
• Compensation Plan Incentives for Physicians and APPs in both Individual and Team-Based Care Compensation Models  
• APP Administrative and Collegial Onboarding  
• APP Participation and Integration into Practice, Service Line and Network Leadership Structures 

Discover, Develop, and Implement

HSG’s “Discovery, Design, and Implementation” Provider Compensation Strategy development structure brings internal stakeholders up to a consistent level of understanding regarding current state of provider compensation dynamics, evaluates the potential approaches to the evolution of organizational Provider Compensation philosophy, structure and incentives, and evaluates the financial impact of shifting models. 

HSG’s proposed compensation models focus on being:

• Market competitive
• Attractive to talent, and
• Progressive in nature to reward workforce retention

Models include implementation and management programs or tools for timely, error resistant management and reporting and communication to leadership and individual providers. HSG’s consultant-led process ensures providers and administrative leadership build consensus on an organizational philosophy that runs throughout the organization, with warranted specialty-specific variation.  This type of collaborative involvement ensures that when final recommended compensation philosophy and models are produced, there will be organizational awareness and buy-in, and that the model will be successfully implemented.