A flood of practice acquisitions and growing level of physician employment have resulted in hospitals recalibrating physician compensation in an effort to address rising investments.
Physician compensation—through the process of redesigning and implementing a new model—is often the perfect catalyst to achieve meaningful change in the health system.
As the industry shifts toward value-based care, more and more health systems and medical groups are realizing the long-term financial implications that a poorly designed compensation structure can have on financial performance as well as on the organization’s culture.
Connect with our team
How we help
Your Medical Group at the Epicenter
We believe that physician compensation can be used to reinforce your mission and desired culture. We recognize common physician concerns and work with your physicians throughout the engagement process to address their pain points.
We partner with clients to enable closer hospital-physician alignment, and to address all of the components and competencies required for success under the plan, including: examining the strength of existing compensation models, educating and recommending various models, equipping organizations with a financially sustainable compensation plan, and executing the plan by offering transition assistance and supporting tools.
Chairman, Advisory Board Consulting
John has over 24 years of senior management experience working at the intersection of the hospital/physician relationship. He has led engagements focused on interim management turnaround, strategic planning and restructuring of the employed physician enterprise, physician compensation model design and implementation, practice acquisition, and alternative models of physician alignment. More.
Josh helps physician practices, academic medical centers, and community hospitals developing financially sustainable relationships between hospitals, physicians, and payers. He provides clients with analysis, modeling and benchmarking, and budgeting and forecasting services, enabling them to identify and operationalize financial and strategic improvement opportunities. More.
Next, Check Out
Get the solution for physician compensation