Tips for Revising Your Physician Compensation Plan - Recorded Webinar

Health Care

March 20, 2013
by Jeff Bramschreiber, CPA

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Jeff Bramschreiber Jeff Bramschreiber, CPA

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This webinar was recorded March 20, 2013
With the shift from fee-for-service reimbursement models to value-based structures, payers are beginning to reward accountability for clinical quality, population health, cost reduction, and patient experience. Similarly, physician compensation plans that pay clinicians exclusively for volume are evolving to incorporate incentives for improved outcomes and exceptional patient experience. Failure to make the changes necessary to move from volume to value could jeopardize the viability of health care organizations.
A solid compensation plan should incentivize physicians to redirect their efforts toward patient centricity and the shared goals for the practice beyond mere volume. Join us for this webinar as we discuss both the value and potential risks of transitioning your compensation model to meet the market demands of health care reform. Learning objectives include:
  • How to transition from volume- to value-driven compensation models, taking into consideration regulatory and compliance issues
  • How to view physician compensation plans as a strategic tool to improve the performance of the organization
  • How to incorporate quality metrics and patient satisfaction to guide physician payment incentives
  • How to build financial incentives to recognize and encourage productivity as well as active participation in administration, strategy and operational improvement initiatives
  • How to incorporate lessons learned from health systems and hospitals who use health care reform-minded models already

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