Background A community hospital in the Northeast was struggling to manage its contractual relationships with employed and independent physicians. Hospital leadership did not have a systematic approach to creating or managing physician deals, and as a result, faced the following problems: Contract terms were highly inconsistent across deals, with several executives engaged in physician deal […]
Thinking about changing your physician compensation plans for value-based reimbursement? In this webinar, HSG discusses: Why it’s necessary to redesign your provider compensation plan; What types of compensation plans will be required for success; and How to design and implement a new compensation plan that works with value-based reimbursement. [bsmdw_content content_id=’284′]
Contemplating adding value to your physician compensation plans? Physician involvement in the planning process is crucial. The two essential elements of that involvement: physician education and a collaborative process. Physician Education “This is my compensation. Why are you tinkering with it?” Those were some of the first words uttered by a physician leader during […]
Background The client was a nine-hospital health system with 14 clinics serving communities in a multi-state market with very limited access to care, poor economic conditions, high unemployment, and a heavy Medicare/Medicaid/uninsured payer mix. For most of these communities, the system was the sole source of care. Though the clinics were of substantial size (they employed […]
Physician compensation is an important component of physician aligment. In the drive to build clinically integrated networks, one obstacle hospitals and healthcare systems must overcome is ensuring that ALL participating providers are working toward the same goals. During this 45-minute webinar, HSG discusses: The basic structure of clinically integrated networks; The operating and payment structure of common network […]
Payment and insurance reform have driven hospital/physician alignment over the past few years. With hospitals and physicians increasingly being held accountable for each other’s actions, the need for tighter integration has grown. The result: a spike in Physician-Hospital Organization (PHO) activity, with hospitals and health systems reviving PHOs that have languished since the ‘90s or […]
Healthcare is a highly regulated industry, particularly where transactions between physicians and hospitals are concerned. As a physician, whether you’re employed by a hospital, independent, or independent and considering becoming employed, you should be familiar with the legal constraints that govern hospital-physician transactions. The main regulations that impact hospital-physician relationships include: Anti-Kickback Statute: This statute […]
As reimbursement shifts to value, is your physician compensation plan keeping up with the changes? Programs like Value-Based Purchasing, Readmission Penalties, and Hospital Acquired Conditions Penalties are holding hospitals accountable for quality, satisfaction, and outcome measures. To be successful under programs today, hospitals must engage physicians to manage and improve the processes that influence these […]
