Physician Compensation Brochure
Model, Measure and Manage Your Operational Performance
Factors such as productivity, quality of care, patient satisfaction, and regulatory compliance must be considered when developing a physician compensation plan. The pandemic has highlighted the need for market-compliant physician compensation models that align physician incentives and compensation with these factors while considering the increasing reliance on technology in delivery of care.
Appropriately and effectively assessing, designing, implementing, and managing your Physician Compensation strategy is key to attracting and maintaining talent in alignment with your organizational mission.
- Assess the current state of your physician compensation policies.
- Design a program to capitalize on technologies and support a value-based care compensation plan.
- Implement according to an established plan for communication and technology improvements.
- Manage ongoing physician compensation policies through metrics and process optimization.
FTI Consulting has experience and expertise in assisting in the transformation from volume to value within each of five maturity stages, ranging from those at the beginning of their journey through those innovating in multiple arenas. Our blend of operational, financial, clinical and compliance expertise provides our clients with a comprehensive transformational approach. FTI Consulting’s industry experts can assess your current state of physician compensation and design an improved future state that considers FMV, compliance, ease of administration and automation of previous manual processes. Automating the physician compensation process enables organizations to accurately and efficiently pay providers according to their contracts, saving staff time and creating more transparency for physicians.