Physician Compensation: Handling Declining Reimbursement and Managing Expectations
Reimbursement rates have been decreasing and that trend is going to continue. Hospitals that employ physicians must learn how to develop compensation models that allow them to operate in the current environment. Furthermore, they must adopt a philosophy that takes into account the psychology behind physician compensation into account. You’re going to have to learn how to have the “tough conversations” and this program will prepare you do so.
Learning Objectives
- Discuss the current landscape of employed physicians and compensation models
- Define key considerations that should be evaluated before implementing a compensation plan
a. Conversion factors
b. Productivity Measures
c. Market Factors- Explore strategies that address the psychology and philosophy behind compensation plans
a. How to inform physicians their value has decreased
b. Educate about “life in a system”
c. Have physicians help develop solutions to
culture-related issues
d. Determine expectations:
what are the physicians’ related to salary?
How can the hospital accommodate them,
in a mutually beneficial way?
Are they realistic expectations?
Intended Audience
- CEOs
- COOs
- CFOs
- Vice Presidents of Medical Affairs
- Vice Presidents of Physician Services
- Physician Recruiters
- Medical Directors
Speakers
Seminar Length: 1 ½ hours including Question and Answer Session with Participants
This program is available as a pre-recorded ON-DEMAND event.
Physician Compensation: Handling Declining Reimbursement and Managing Expectations: ON-DEMAND
- View at your convenience beginning seven days after the live web cast on Thurs., April 29, 2010
» $195.00
Registration fee includes presentation materials to be made accessible to participants prior to the ON-DEMAND event. Registration for ON-DEMAND gives the registrant 30 days during which to view the program once or multiple times.
Upon completion of the registration form for the selected event(s), you will receive a confirmation email which includes a link to the event materials and audio conference web site. This link will be active for 30 days.