547 - Policies and Procedures for a Successful Medical Practice

Policies and Procedures for a Successful Medical Practice

130 - Physician Productivity & Evaluation- e-Booklet

Physician Productivity & Evaluation- e-Booklet

Strategies for Value Based Physician Compensation

This book presents a step-by-step process for developing compensation plans - from defining and analyzing the current situation to evaluating the plan's efficacy - while revealing best practices and trends for designing a fair and equitable plan for your practice.

$111.00
In stock
SKU
5570

Designing an effective physician compensation plan is critical to recruiting and retaining physicians. It is also vitally important to aligning physician incentives with organizational goals.

Factor in a complex legal environment and ever-changing payment programs, and the task of developing a fair and defensible compensation plan becomes quite daunting. The best compensation plans use a diligent, evidence-based approach that brings in the right information and stakeholders at the right time in the process.

Learn a proven methodology that will help you make evidence-based physician compensation decisions. The book presents a step-by-step process for developing compensation plans - from defining and analyzing the current situation to evaluating the plan's efficacy - while revealing best practices and trends for designing a fair and equitable plan for your practice.

New incentive plans based on quality versus quantity add a new dimension to physician compensation. You will find guidance on incorporating the new payment initiatives into your plan as well as dealing with the unique issues related to hospital-employed and academic physicians.

In the final chapter you will read case studies on compensation plan development and implementation in a variety of settings to help you learn from your peers.

This book is intended to help medical practice and hospital executives develop and implement physician compensation plans by:

  • Introducing an evidence-based approach to compensation planning
  • Determining the right stakeholders to involve in the planning process
  • Identifying best practices for plan implementation and evaluation
  • Identifying various compensation options
  • Exploring the advantages and disadvantages of different models
  • Introducing ideas to prepare for changing reimbursement models
  • Addressing practice-specific issues
More Information
Author MGMA
Write Your Own Review
Only registered users can write reviews. Please Sign in or create an account