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HSG Advisors

Building High-Performing Physician Networks

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Physician CompensationCompensation Plan Design

Physician compensation plans should reflect the culture and values of your healthcare organization along with financial models that are sustainable.

Compensation Plan Design

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

Articles
Physician Compensation Checklist

April 6, 2020

Becker’s – COVID-19 and Its Impact on Physician Compensation

Health systems and their associated employed provider networks are beset with immediate financial losses, and future financial uncertainty as elective care was essentially eliminated by the COVID-19 (coronavirus) pandemic in the United States.

Articles

January 20, 2020

Physician Compensation Models

Selecting the best physician compensation model for your organization is truly a journey, with progressive gains and beneficial outcomes.

Articles

August 9, 2019

Work RVU Compensation Models: Best Rate Determination

Small changes to wRVU rates have a big impact on providers’ paychecks, organizations’ income statements, and potential compliance risks.

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

Neal Barker

For more information, contact:

Neal D. Barker
Partner

(502) 814-1189 nbarker@hsgadvisors.com

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Learn More About Compensation Plan Design

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Physician Compensation Services

  • Compensation Plan Design
  • Fair Market Value and Commercial Reasonableness Opinions
  • Advanced Practice Provider (APP) Compensation

Recent Thought Leadership

  • Why Are We Reluctant to Embrace APPs?

  • Webinar: HSG Physician Network Integrity Analytics – Patient Share of Care

  • Webinar: MIPS – What’s New in 2019

  • Webinar: MACRA – What’s New in 2019

  • Webinar: How to Build The Right Management Infrastructure for Your Physician Network

Recent Thought Leadership

  • Why Are We Reluctant to Embrace APPs?

  • Assessing and Reducing Losses in Employed Physician Networks

  • Physician Manpower Planning

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  • Case Study – Evaluating The Potential Benefits Of Purchasing An Independent Cardiology Group

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(502) 814-1180

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