Physician compensation is the largest cost in the practice. It must be used to align physician behavior with the actions needed to make the system successful. Controlling that evolution over time is and will remain a challenge, and requires active management and physician involvement. Tip 60: Compensation plans must reinforce the results required for success. […]
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Most of our clients learned to manage a hospital. Today, many of those clients believe their long-term success will center on how their employed physician group evolves. The viability of a health system or hospital is increasingly dependent on the group’s ability to attract the needed talent, respond to the imperatives to better manage care, […]