SullivanCotter's Dave Hesselink recently sat down with Modern Healthcare to discuss how employers are getting more creative – beyond just increasing pay – to attract and retain physicians in a competitive marketplace.

Although median total cash compensation (TCC) continues to increase, it has returned to historical average growth of 3.5% following a year of significant increases in 2023. Learn more about changes in TCC, base salary, and wRVU productivity as reported in SullivanCotter's 2024 Physician Compensation and Productivity Survey.

Lear more about annual changes in physician total cash compensation and wRVU productivity by specialty area!

Maintain effective relationships and foster greater engagement with clinicians to support long-term system sustainability.

Fair market value (FMV) assessments aren't just about compliance – they also help to support a more holistic and well-rounded understanding of your physician workforce. Learn how to leverage these results more strategically!

As hospitals and health systems continue to address dynamic market, workforce, and operational challenges, ensuring financial sustainability is necessary. This can be found in the orchestrated confluence of strategically aligned and rationalized service portfolios, performance metric and incentive alignment, clinical workforce design, and performance optimization.

In this article, SullivanCotter provides initial guidance for health care organizations to consider – including an overview of the Final Rule, potential implications on employment arrangements, and steps to take as they develop action plans to move forward.

Health care organizations are under pressure to ensure proper staffing and continuity of care to support the communities they serve. In addition to determining the right number and type of clinicians, organizations must also monitor potential retirements and reductions in clinical productivity levels to help inform succession planning needs.

Without a stable and engaged workforce, health care organizations are limited in their ability to truly transform. Learn more from SullivanCotter's President and CEO, Ted Chien, on how organizations can address the ongoing labor crisis.

Learn how your academic medical center compares to national benchmarks with data-driven insight into pay levels, productivity, work effort allocation and more.

In an article published by the American Association of Provider Compensation Professionals, SullivanCotter outlines how health care organizations can effectively monitor, measure and achieve pay equity.

According to SullivanCotter’s 2023 Physician Compensation and Productivity Survey report, physician supply and demand imbalances have resulted in total cash compensation increases as well as increased pressure on physician employers to reduce annual work effort expectations in many shift-based specialties.

With over 280 participating organizations providing information on nearly 2,950 individual call contracts, the 2022 Provider On-Call Compensation Survey provides hospitals and health systems with the data they need to help address complex call pay issues, negotiate contracts and evaluate physician fair market value.

Featured in Fierce Healthcare, SullivanCotter’s President and CEO, Ted Chien, outlines the importance of utilizing robust data and benchmarks to build a more resilient workforce model that helps support the delivery of high-quality care and enhance financial sustainability.

Market pressures continue to test the financial sustainability of health care organizations nationwide. To succeed in a rapidly evolving marketplace, health systems, medical groups and physicians must work together to develop a more intentional and comprehensive affiliation strategy to help drive performance and improve outcomes.

Changes to the Physician Fee Schedule have materially impacted the most recent set of physician compensation and productivity benchmarks. As a result, year-over-year comparisons of survey benchmarks require special review and must be carefully considered when incorporating insights into workforce planning and compensation decision-making.

Struggling to understand the recent changes to split/shared billing and how it will affect physician and APP workflow? View a timeline of past and upcoming changes to help properly plan for and address the pending modifications.

Does your organization understand how changes to the 2023 Physician Fee Schedule may affect wRVU productivity in different specialties and settings - including hospital inpatient and observation, emergency services and skilled nursing facilities?

As health systems evaluate changes to the 2023 Physician Fee Schedule, they must be aware of the impact on Medicare reimbursement, reported wRVUs, and provider compensation plans forspecialties most likely to be affected.

Health care is in the midst of an ongoing workforce crisis as the demand for care is outpacing the supply of labor. To help fortify the nation's health care system by building a sustainable pipeline of future talent, Ted Chien, SullivanCotter's President and CEO, discusses how hospitals and health systems can meet this challenge through smarter technology, resilient teams, and excellence in leadership.