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Case Study: Compensation Planning for a Tertiary Hospital’s Employed Physician Group with Diverse Specialties
Background Our client is a 1000+ bed tertiary hospital on the Atlantic Seaboard, which features a children’s hospital, a level one trauma center, and one of the largest transplant centers […]
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Improving Hospital-Based Physician Contracts
Due to the nature of services hospital-based physicians provide, no group is more logical or simple to truly “align” with. Their quality is your quality. Their mistakes are your mistakes. […]
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Is it Time to Strategically Rethink Your Physician Compensation Plan?
We’re all familiar with healthcare’s new direction and jargon—”Fee for Value”; “Value-Based Purchasing”; “Patient Centered Medical Homes” and “Value-Based Care Organizations.” What these initiatives have in common are physicians. Employed […]
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Consistency Pays Off with Physician Transactions
Hospitals have been purchasing practices and employing physicians for several years, here are keys to successful physician transactions.
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Fair Market Value: Avoiding the Danger Zones
The IRS, OIG and valuation industry have set well-defined standards for FMV (Fair Market Value) in typical physician/hospital transactions. That said, in our consulting practice, we often encounter situations that […]
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How Not to Create a Mess Out of Call Pay
Are you feeling pressure from your physicians to pay for call coverage? You are not alone. Call coverage compensation has been an increasingly salient issue for many of our clients. […]
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Physician Compensation – The Secret Contributor To Why Your Employed Network Is Losing Money
In an era of declining reimbursement, decision makers have become more worried that their organizations cannot continue to sustain the losses in their employed physician network. This has lead to […]
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Transitioning to ACOs: Six Strategies To Implement NOW
“But what should I be doing NOW?” Several CEOs have asked us that question, as they struggle with how to make an effective transition from a market that incents volume […]