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Physician Compensation Design |
Hospitals and health systems are paying more physicians for responsibilities from full-time employment to part-time medical directorships to time spent on-call. The increasing number of physicians involved make it important for hospitals to optimize the performance of their physician enterprises. They also need to structure compensation so that physicians will behave in the ways that are needed for success with payment innovations and provider risk management.
DGA Partners helps healthcare organizations to structure innovative, effective and affordable approaches to compensation that improve performance and align physician and hospital interests.
We keep you in regulatory compliance while meeting hospital goals and physician expectations. We guide you in establishing incentives that go beyond productivity to address quality of care, patient satisfaction and hospital shared savings opportunities. We apply our expert valuation services to assure that compensation will be consistent with fair market value requirements.
Our services also include:
- Designing and simulating new compensation models and addressing transition considerations
- Quality management and reporting, including outcome metrics
- 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, primary care physicians, obstetrics, cardiology, hematology/oncology, trauma, neonatology and more. We have designed compensation programs for existing and newly created medical directorships and other physician/administrator positions.
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