A Whole New Ballgame: Value-Based Physician Compensation
Thursday, March 08, 2012
AMGA Annual Conference | San Diego, CA
As healthcare reimbursement transitions from volume- to value-based, provider organizations will need to eventually alter their physician compensation plans to mirror reimbursement. To this end, this case study presentation will provide attendees with key insights on developing a physician compensation system that incorporates elements such as patient satisfaction, quality, patient access, compliance, and citizenship.
Upon completion of this activity, participants should be able to describe major trends in non-productivity-based compensation, including the percentage of compensation that high-performing groups are allocating to these incentives (relative to productivity incentives or fixed components); discuss the relative strengths and weaknesses of the various non-productivity performance metrics that are utilized in physician compensation plans; identify the various methods for integrating non-productivity incentives into a market-based compensation plan; and describe best practices related to this topic from one of the nation’s high-performing medical groups.
Presented by:
Leonard J. Henzke, Principal, ECG
Steven J. Smith, MD, Chair-Compensation Committee, Sutter Medical Group
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