Physician Compensation: Measurement, Benchmarking, and Implementation

How to compensate physicians is a critical issue for any healthcare or managed care organization if it is to succeed in healthcare delivery. This controversial decision includes a wide range of complicating factors such as personal goals, individual perceptions, profitability, patient care, reimbursement methodology, and the need for timely and accurate information. This book approaches the physician compensation issue from a logical and functional viewpoint. It serves as a guide to understanding the complete process of evaluating and developing a physician compensation system which will keep physicians motivated and support the organizations’ goals and objectives. The book includes detailed discussion of information needed to create physician compensation models with examples on how to approach these issues; and explores the motivational and fiscal challenges as they relate to operational transformation.