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Strategies for Value-based Physician Compensation

Strategies for Value-based Physician Compensation
Author: Jeffrey B. Milburn
Publisher: Medical Group Management Association/Center for Research in Ambulatory Health Care Administration
Total Pages: 249
Release: 2013
Genre:
ISBN: 9781568294346

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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.


Physician Compensation Plans

Physician Compensation Plans
Author: Bruce A. Johnson
Publisher: Medical Group Management Assn
Total Pages: 608
Release: 2006
Genre: Medical
ISBN: 9781568292755

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Navigating the maze of methods by which income for physicians is determined and paid in a wide variety of health care organizations, this step-by-step guide covers plan development and information on pay-for-performance programs, implementation methods, and more.


Physician Compensation Strategies

Physician Compensation Strategies
Author: J. Max Reiboldt
Publisher: Amer Medical Assn
Total Pages: 198
Release: 2004-01-01
Genre: Medical
ISBN: 9781579475659

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Provides numerous practical solutions and information for helping practice environments of all kinds reach agreement on appropriate forms of compensation. Includes discussions on base pay, incentive pay, and benefits. Also reviews potential equity arrangements. Previous edition: c1999. Softcover. DNLM: Physicians--economics,


Value-Based Healthcare and Payment Models

Value-Based Healthcare and Payment Models
Author: Grace E. Terrell
Publisher:
Total Pages: 290
Release: 2019-11-15
Genre: Medical
ISBN: 9780984831012

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NEW GUIDE DECODES VALUE-BASED CARE AND PAYMENT MODELS As value-based care is coming of age, deciding how to start can be an overwhelming task. Risks are high and success with the new models is challenging and time consuming. This book fills an important need by providing concrete and proven strategies to aid in an organization's successful transformation. The book is filled with practical, no-nonsense advice on the shift to value-based care in both the private and public healthcare sectors. This is the time when healthcare stakeholders need to rethink their own added-value strategies in a manner that best serves patients and providers alike. In the complicated world of payment and delivery system reform, this book deconstructs the most challenging concepts for the novice yet provides sophisticated insights for even the most seasoned executive. BONUS! The authors also lay out high-value strategies for 20 different subspecialties with specialty-specific changes in the way medicine is practiced and paid for.


Navigating to Value-Based Outcomes

Navigating to Value-Based Outcomes
Author: Thom Walsh
Publisher: Medical Group Management Association/Center for Research in Ambulatory Health Care Administration
Total Pages: 186
Release: 2019
Genre: Medical
ISBN: 9781568296715

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"How can an administrative team build a value-based outcome? While it is true that you can't improve what you don't measure, it is also true that you can't act on measurements you don't understand. Every healthcare system, form a single provider office up to a national chain, has to bridge administrative and clinical workflows to create better outcomes for the patient. Learn to rebuild an organization with tools already extant in the practice environment to listen to the patient and create a system to empower patients and staff alike. Create an environment where outcomes are: measured in a meaningful way, evaluated based on both the patient and the practice's needs, and acted upon to strengthen both the practice's community and bottom line. Dr. Walsh utilizes extensive clinical, business, and academic experience to demonstrate a proven methodology to identify and measure what matters most to patients. Learn to: capture the data the matters to the patients, create data governance and oversight structures, employ new cost-allocation techniques, evaluate the effectiveness of varied transformation techniques, implement shared decision making, and improve the patient experience with all levels of the practice. Gain a detailed roadmap to identifying actionable and effective improvement activities and strategies perfect for your organization"--


Redefining Health Care

Redefining Health Care
Author: Michael E. Porter
Publisher: Harvard Business Press
Total Pages: 540
Release: 2006-04-24
Genre: Business & Economics
ISBN: 1422133362

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The U.S. health care system is in crisis. At stake are the quality of care for millions of Americans and the financial well-being of individuals and employers squeezed by skyrocketing premiums—not to mention the stability of state and federal government budgets. In Redefining Health Care, internationally renowned strategy expert Michael Porter and innovation expert Elizabeth Teisberg reveal the underlying—and largely overlooked—causes of the problem, and provide a powerful prescription for change. The authors argue that competition currently takes place at the wrong level—among health plans, networks, and hospitals—rather than where it matters most, in the diagnosis, treatment, and prevention of specific health conditions. Participants in the system accumulate bargaining power and shift costs in a zero-sum competition, rather than creating value for patients. Based on an exhaustive study of the U.S. health care system, Redefining Health Care lays out a breakthrough framework for redefining the way competition in health care delivery takes place—and unleashing stunning improvements in quality and efficiency. With specific recommendations for hospitals, doctors, health plans, employers, and policy makers, this book shows how to move health care toward positive-sum competition that delivers lasting benefits for all.


BVR/AHLA Guide to Valuing Physician Compensation and Healthcare Service Arrangements

BVR/AHLA Guide to Valuing Physician Compensation and Healthcare Service Arrangements
Author: Timothy Smith
Publisher: BVResources
Total Pages:
Release: 2017-11-11
Genre:
ISBN: 9781621501404

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This new guide challenges and deconstructs the industry's current standard for the fair market value (FMV) of physician clinical compensation based on the exclusive use of survey data and certain percentile-based valuation methods. Itdebunks the current "survey says" paradigm and provides the foundation for a completely new standard for the FMV of physician clinical compensation.


Physician Compensation Arrangements

Physician Compensation Arrangements
Author: Dan Zismer
Publisher: Jones & Bartlett Learning
Total Pages: 248
Release: 1999
Genre: Physicians
ISBN: 9780834209930

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Consultants in the health-care industry offer advice on designing and managing a physician total rewards method in the context of integrated health care. They discuss such aspects as the effects of consolidation on physician compensation, issues across practice settings, equity as a component of tot


Physician Compensation

Physician Compensation
Author: Kenneth M. Hekman
Publisher: Medical Group Management Assn
Total Pages: 164
Release: 2002
Genre: Business & Economics
ISBN: 9781568291796

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Improving Healthcare Quality in Europe Characteristics, Effectiveness and Implementation of Different Strategies

Improving Healthcare Quality in Europe Characteristics, Effectiveness and Implementation of Different Strategies
Author: OECD
Publisher: OECD Publishing
Total Pages: 447
Release: 2019-10-17
Genre:
ISBN: 9264805907

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This volume, developed by the Observatory together with OECD, provides an overall conceptual framework for understanding and applying strategies aimed at improving quality of care. Crucially, it summarizes available evidence on different quality strategies and provides recommendations for their implementation. This book is intended to help policy-makers to understand concepts of quality and to support them to evaluate single strategies and combinations of strategies.