Workforce Compensation and Performance Improvement Resources

As physician reimbursement shifts from a fee-for-service model to a value-based structure, expect to see changes in how compensation plans are drafted.

Managing Principal and National Physician Compensation Practice Leader Kim Mobley provides additional insight on physician pay initiatives.

The demand for advanced practice clinicians (APCs) has increased significantly, as have concerns about the impact of their base pay and incentives. Does your organization understand how APC compensation affects your bottom line?

According to SullivanCotter’s 2011 Physician Compensation and Productivity Survey, over half (59 percent) of survey participants have increased the size of their APC workforce within the past 12 months. Of these, the average increase was seven APCs. Sixty-one percent of survey participants indicated that they plan to increase the size of their APC workforce in the next 12 months. Of these, the average increase will be six APCs.

A key factor noted in the opinion is that, based on an independent valuation, the hospital certified that the per diem rates are commercially reasonable and fair market value for the services provided.

As more physicians are becoming hospital-employed, will cost reductions and physician alignment come at the expense of physician compensation?

SullivanCotter has opened its newest business location in Pittsburgh, Pennsylvania.