Physician Compensation Plans: State-of-the-Art Strategies
Bruce Johnson, JD, MPA
Deborah Walker Keegan, PhD, FACMPE
Find innovative approaches, plans, and a step-by-step guide to assess or modify an existing physician compensation plan or develop a new state-of-the-art plan for your practice. This comprehensive resource covers all the bases - presenting a guide to plan analysis, development, and implementation. Learn industry trends and methods to determine physician income in a wide variety of health care organizations, including group practices, academic medical centers, hospitals, and integrated delivery systems.
This book covers:
- How to diagnose your current compensation plan
- How to align compensation with reimbursement (including pay-for-performance)
- Plan architectures and technical dimensions - with more than 85 case examples
- Legal and regulatory compliance issues
- Methods to achieve physician buy-in
- How to compensate physicians in transition (e.g. work slowdown, retirement)
What they're saying about this book:
"This book is absolutely outstanding. It not only captures the dynamics of the formation and mechanics of a compensation plan, but more importantly, the development of the philosophical aspects that form the foundation of a plan...and that are so important to the longevity of the program. The authors give you an accurate sense of how practices work today, describing the compensation program as a “living organism” that creates a symbiotic relationship with the members of the organization, reflecting their goals, ideals and working relationships. This organizational approach is exactly what you need to understand when developing a successful compensation program."
Harry E. Rubash, MD, Chief of Orthopaedic Surgery, Massachusetts General Hospital, Edith M. Ashley Professor, Harvard Medical School, Bostonè
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