The Physician Compensation and Contracting Department can be an elusive, disorganized department in many healthcare organizations. It often has the reputation of being technical, political, nuanced and heavily regulated by the government. Consequently, organizing this department requires well-managed processes around fair market value, contract review, approval and execution, as well as firm understanding of different employment models and service agreements/arrangements. In this session, the speaker will demonstrate a successful workflow for this department, detailing each step of the process, and will touch on several types of physician compensation and contracting arrangements.
Learning Objectives:
Organize a Physician Compensation and Contracting Department based on a successful workflow model
Examine various aspects of fair market value as it pertains to physician compensation
Distinguish the various aspects of physician services and the correlative compensation structures
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