Incentive-Based Compensation Plans to Enhance Physician Performance
Audio Conference on CD or Audio On-Demand: Incentive-Based Compensation Plans to Enhance Physician Performance
Sponsored by: HealthLeaders Magazine
Presented on February 12, 2009
Learn how to create and implement a fair compensation plan that fosters high performance and quality
Listen to HealthLeaders Media for this 60-minute audio conference, Incentive-Based Compensation Plans to Enhance Physician Performance, to help you enhance your incentive package by using a broader set of performance measures and determine which compensation model is right for your organization.
At the conclusion of this audio conference, you will be able to:
- Create and implement a fair compensation plan that fosters high performance and quality
- Enhance your incentive package by utilizing a broader set of performance measures
- Determine what type of compensation incentive model is right for your organization and use that in future planning
Purchasers will leave this program with many helpful tools, including various articles that demonstrate well-designed compensation plans, and executive briefings from ECG Management Consultants.
- Effective performance categories and measures
- Relative value units (RVUs)
- Patient satisfaction
- Measure of access, quality performance, efficiency
- Effective performance modifiers
- What is the incentive?
- Conditional terms
- Evolution of potential compensation models
- Types of compensation models
- Controls over utilization
- Keys to success
- Fair compensation planning
- Effective use of compensation models
- Questions and answer session
James W. Lord is principal and head of ECG Management Consultants, Inc.’s Midwest Healthcare practice, based in St. Louis, MO. His practice focuses on physician/hospital business relationships, strategy, operations, organizational development, and incentive design. Within ECG’s Midwest practice, ECG conducts proprietary research on physician compensation, benefits, and production trends, culminating in the most comprehensive database of available physician standards. ECG is particularly known for specialized expertise regarding hospital and physician relationships, strategic and business planning, information technology, and the complexities of the academic healthcare enterprise.
Craig E. Samitt, M.D., MBA, is president and chief executive officer of Dean Health System, Inc., in Madison, WI, a position he has held since September 2006. Dr. Samitt is responsible for executive leadership and strategic planning of the health system, as well as the financial, operational, and clinical performance of the company’s 500 doctors, 3000 staff, and 60 facilities. Dr. Samitt is a recognized leader in healthcare strategy, operations, and customer service. He has also served as an executive mentor and strategy and operations consultant to many health care institutions throughout the United States. Prior to joining Dean, Dr. Samitt served as the chief operating officer at Fallon Clinic, Inc., in Massachusetts, where he led the turnaround of the corporation’s financial and operational performance.
WHO SHOULD ATTEND
Physicians, physician leaders, practice administrators, practice managers, CFOs, CEOs, medical directors, medical staff directors, chief medical officers, executive directors
AUDIO ON-DEMAND PURCHASE OPTION
In addition to the regular CD purchase option for HealthLeaders Media audio conferences, we are pleased to offer audio on-demand. Audio on-demand allows you to download the program and play it back at your convenience through your computer or MP3 player. Purchase a CD or audio on-demand of the program and listen when you can. It's also a perfect training tool for new staff or a refresher for veteran staff.
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