Employed Provider Compensation: Strategies to Support Your Network’s Evolution

At HSG, we spend most of our time focusing on strategic and operational issues related to employed provider networks. We work with clients to build culture, improve operations, and reduce losses. Central to these activities, and foundational to the very existence of every employed group, are the providers themselves. In fact, a group’s long-term success is incredibly dependent on having productive, engaged, and satisfied physicians and advanced practitioners (APs). Although there are many issues that affect providers, few are more impactful than compensation. That is why the most successful provider organizations make the development and execution of compensation strategy a top priority. In this white paper, we introduce the concept of an evolving provider compensation plan as well as best practices for its strategy, design, and implementation.

Provider Compensation Strategy is integral to a high-performing physician network's evolution