Demand for cosmetic and elective procedures has grown exponentially, with no sign of slowing down. Recognizing the need to meet patient demand and capitalize on the opportunity for a new, predictable revenue stream, provider organizations are increasingly contracting with specialists to offer these services.

While there is a strong case for cash-based procedures, such as their ability to generate additional funds that can be reinvested in a system’s mission-driven programs, leaders must be mindful of how these contracts are designed to avoid compliance issues.

In this article, our provider compensation experts explore:

• Advantages of offering cash-based and elective procedures.
• Key regulatory and compliance considerations.
• Common models being used to successfully compensate providers today.

Edited by Emily Johnson