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Physician Compensation Design |
Physician compensation design is a growing issue for hospitals and health systems as they find themselves paying increasing numbers of physicians for responsibilities from full-time employment to part-time medical directorships to time spent on call.
DGA Partners helps healthcare organizations and their legal counsel to structure innovative approaches to compensation, maintaining regulatory compliance while meeting hospital goals and physician expectations. We guide you in the selection of compensation models that provide incentives for the physician behavior you seek. We build on our expert valuation services to assure that compensation will be consistent with fair market value requirements.
Our services also include:
- Developing position descriptions, productivity and level of effort agreements and monitoring systems
- Translating administrative, supervisory and teaching (AS&T) activities for faculty and administrators into fair and reasonable compensation ranges
- Determining service levels and fair market value for contracting hospital-based physician services
Our experience includes in-depth contract auditing and review for departments of diagnostic imaging, pathology, anesthesia, trauma, obstetrics and neonatology. We have designed compensation programs for existing and newly created medical directorships and other physician/administrator positions.
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