Integrated Compensation Plans to Enhance Physician Performance

Integrated Compensation Plans to Enhance Physician Performance

Webcast on CD or On-Demand

presented on May 13, 2010

Sponsored by The Hospital Executive's Guide to Physician Staffing

With the number of physicians seeking employment increasing, healthcare providers are looking for ways to effectively manage their physicians’ transitions from independent to institutional compensation models.

Join HealthLeaders Media for this 60-minute webcast, including Q&A, and get practical strategies to successfully drive the performance of your physicians through an integrated compensation model. Learn how Elmhurst Memorial Healthcare saw a 20% increase in the number of physicians performing at or above median levels after implementing an integrated compensation model that aligns the interests of physicians with the healthcare system, and encourages the entrepreneurial spirit of their affiliated physicians.

Purchasers will be able to:

Overcome the divide between hospitals and physicians over ancillary income

Align physician performance incentives with practice and system economics

Retain and incent high performing physicians

Understand the Elmhurst Memorial Healthcare’s tiered approach and methods to apply it to your compensation models

Support charitable purposes of institution and enhance physician satisfaction with patient interactions

PROGRAM AGENDA

1. Analysis of the broad issues and motivations of those involved in creating a compensation plan
2. Keys to a success
1. Fair compensation planning
2. Effective use of compensation models
3. Integrated compensation models and a look at Elmhurst Memorial Hospital’s approach, including:
   1. Events leading up to adoption
   2. Alternatives considered
   3. Design description
   4. On going operational issues
   5. Initial and subsequent results
   6. Physician and health system satisfaction
4. Live Q&A

SPEAKERS

James F. Doyle, Senior Vice President, Finance/CFO Elmhurst Memorial Healthcare, Elmhurst, IL Elmhurst is a vertically integrated, standalone community healthcare system.  Doyle’s responsibilities include in addition to financial areas, IT and physician integration.  Doyle has been directly involved in physician integration activities for the last 15 years.

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.

WHO SHOULD ATTEND?
Physicians, physician leaders, practice administrators, practice managers, CFOs, CEOs, medical directors, medical staff directors, chief medical officers, executive directors, Physician Network and Executive Administrator

New Purchase Option,–– WEBCAST ON–DEMAND
In addition to the regular CD purchase option for HealthLeaders Media Webcasts, we are pleased to offer a new option: webcast on–demand. When you purchase a webcast on–demand you will be able to view the program anywhere and anytime by logging into your account on www.HealthLeadersMedia.com. It's also a perfect training tool for new staff or as a refresher for veteran staff.

 

Publisher :  HealthLeadersMedia
 
Product Types :

• Webcasts

Departments :

• Other Executive Leadership Products
• Other Physician Practice Products