Fair Play, Fair Pay: Assuring Provider Pay Equity

by Karin Chernoff Kaplan, Managing Director

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It’s not easy to determine if there is equity in provider compensation across your organization, given the many departments, specialties, and roles—but it’s essential. Consider the following hypothetical: A local news source reports a 30% pay discrepancy between your male and female maintenance employees performing the same work. Chances are you would rather not have […]

Why It’s Time to Update Your Physician Compensation Model

by Karin Chernoff Kaplan, Managing Director

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It’s time to stop playing “kick the can” when it comes to physician compensation in hospitals and health systems. When the 2021 Medicare Physician Fee Schedule (MPFS) sought to restructure physician reimbursement by increasing payment to cognitive care specialists such as primary care physicians and reducing reimbursement for procedure-based specialists, it was a move designed […]

Is Your Provider Compensation Program Comprehensive?

by Karin Chernoff Kaplan, Director

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As one of the largest health system cost centers and one with significant regulatory implications, physician compensation should be top priority. A comprehensive approach to physician compensation enables the organization to recruit and retain physician talent, align physician incentives with those of the organization to drive performance, and maintain an infrastructure to mitigate risk associated […]

Welcome News for Health Care Providers: It’s Not as Bad as You Thought – At Least for Now

by Karin Chernoff Kaplan, Director
and Richard Chasinoff, Principal

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In the final days of 2020, Congress passed, and the President signed into law, the latest coronavirus relief package. This additional round of COVID relief legislation contains welcome news for health care providers: a one-time, one-year increase to physician fee schedule payments for 2021. The legislation creates a 3.75 percent increase in Medicare Physician Fee […]

Hospital Physician Deals Now

by Jessica E. Stack, Senior Manager

What do you need to know about hospital physician deals now? How did this pandemic change the landscape? What are the specific valuation considerations in this post COVID environment that you need to be aware of for upcoming deals? Watch the video!

Different Economics, Different Payment: Call Coverage Stipends for Employed vs. Independent Physicians

by Stuart J. Schaff, Senior Manager & Matthew Raible, Senior Associate

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Physician employment agreements now commonly include compensation for services beyond basic clinical services; they may also provide compensation for medical directorships, teaching, on-call payments, and so on. We have found that physicians transitioning to hospital employment are generally accepting of clinical compensation models that include a base salary coupled with productivity and quality incentives. However, […]