Aligning Physician Compensation With Strategic Goals
Authored by MCHS and SullivanCotter, the article “Aligning Physician Compensation with Strategic Goals” provides an in-depth look at the challenges MCHS experienced. By executing strategies that included dual leadership, shared services and automated data management and reporting, MCHS was able to implement a centrally administered, system-wide plan with consistent compensation metrics. “The new model incorporates quality metrics, provides physicians with regular reports of their performance, and already has resulted in greater physician attention to outcomes, safety, and patient experience.” The article was authored by:
- Brian Bunkers, MD, site CEO for the Faribault, Northfield, and Owatonna, Minn., clinics as well as the Mayo Clinic Health System, and Chair of the MCHS Physician Compensation Standardization Advisory Group.
- Mark Koch is Chief Administrative Officer, Mayo Clinic Health System, Rochester, Minn.
- Becky McDonough is Director, Provider Performance Management Technology, SullivanCotter
- Brian Whited, MD, is Vice Chair, Operations, Mayo Clinic Health System, Rochester, Minn., and Chair of the MCHS Quality Oversight Committee.
Read The Full Article