Physician Compensation Plans: State-of-the-Art Strategies
Bruce Johnson, JD, MPA and Deborah Walker Keegan, PhD, FACMPE
Hardcover Book: 566 pages
(click below for the very best available price for this resource)
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.
Recommended by the Medical Group Management Association (MGMA), this timely book is a practical guide 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)
It also includes exhibits, checklists and useful tools. You can view these samples of this book here:
"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, Boston
Harry E. Rubash, MD, is Chief of Orthopaedic Surgery, Massachusetts General Hospital, and Edith M. Ashley is Professor at Harvard Medical School in Boston.
Medical Group Management Association (MGMA), founded in 1926, is the nation’s principal voice for medical group practice. MGMA’s 19,000 members manage and lead more than 11,500 organizations in which more than 237,000 physicians practice. MGMA’s core purpose is to improve the effectiveness of medical group practices and the knowledge and skills of the individuals who manage and lead them. MGMA headquarters are in Englewood, Colorado.
(information about this publication has been provided by the publisher)
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