The Governance Institute | Academic Health Focus

Navigating Provider Compensation in a Competitive Landscape

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Recruiting and retaining both physician faculty and advanced practice providers (APPs) has emerged as a significant challenge for academic medical centers (AMCs) across the United States. The convergence of labor markets and care delivery models require more frequent updates to the principles and philosophies guiding physician faculty and APP compensation. AMCs are adopting a more strategic approach to physician faculty and APP compensation that supports recruitment and retention, enhances the AMC’s tripartite mission, and supports long-term sustainability. In an article written for The Governance Institute, SullivanCotter’s Jason Tackett, Managing Principal, and Zachary Hartsell, Principal, discusses the transformational strategies needed for a more proactive and sustainable approach to physician and APP compensation