Speech The Impact of Payment Reform on Pediatric Subspecialties:  Compensation Trends and Emerging Practices

The Impact of Payment Reform on Pediatric Subspecialties: Compensation Trends and Emerging Practices

Regardless of your beliefs about the long-term effectiveness of payment reform, physician organizations within children’s hospitals will need to adapt to a payment environment that rewards value over volume. As payment models shift toward a focus on value and reimbursement becomes increasingly linked to measurements of quality and efficiency, physician organizations within children’s hospitals will need to ensure this new focus is incorporated in the day-to-day actions of their physicians. The most effective mechanism to accomplish this goal is to modify today’s physician compensation structures to better align with organizational goals in a value-based payment environment. This presentation addresses, and is intended to stimulate discussion about, a variety of questions related to performance-based physician compensation.