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Non Financial Performance Measures And Physician Compensation
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Book Synopsis Non-Financial Performance Measures and Physician Compensation by : John Evans
Download or read book Non-Financial Performance Measures and Physician Compensation written by John Evans and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study utilizes a national survey of physicians in the United States, administered four times between 1996 and 2005, to examine the use of non-financial performance measures in physician compensation contracts. Consistent with agency theory, we find that non-financial measures are used more frequently when the measures are more informative, when alternative control mechanisms are complements rather than substitutes, and when external pressures for quality of care and cost-containment are greater. Further, we find that contractual relationships in the healthcare value chain are inter-related; non-financial measures are more likely to be used to evaluate physician performance when the physicians' practice is compensated based on fixed rate payments (i.e., capitation). We also find that physicians' compensation contracts are more likely to incorporate non-financial performance measures when productivity in revenue generation is also used to evaluate performance. Taken together, the results suggest that non-financial performance measures play a significant role in physician compensation, acting to balance incentives tied to individual physician productivity.
Book Synopsis Physician Compensation by : Kenneth M. Hekman
Download or read book Physician Compensation written by Kenneth M. Hekman and published by Medical Group Management Assn. This book was released on 2002 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Impact of Compensation, Performance Measures and Other Organizational Characteristics on Physicians' Acceptance of New Medicaid Patients by : Christina Bradbury
Download or read book Impact of Compensation, Performance Measures and Other Organizational Characteristics on Physicians' Acceptance of New Medicaid Patients written by Christina Bradbury and published by . This book was released on 2013 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medicaid plays a vital role in the U.S. health care system and the importance of office-based physician practices to the care of Americans served cannot be overstated. Despite increases in program enrollment, a number of sources report that the proportion of U.S. office-based physicians willing to accept new Medicaid patients is decreasing. This discovery is significant. This managerial accounting study utilizes a national survey of practicing physicians to explore this conundrum from the physicians' perspective. Specifically, the impact of organizational-related determinants including (1) practice characteristics, (2) compensation and (3) performance measures is examined on physicians' propensity to accept new Medicaid patients. With an empirical analysis using the cumulative odds ordinal logit model, this study breaks new ground in several significant venues. Only a limited number of studies have yet examined physician practice characteristics relative to physician acceptance of Medicaid, but these were far more limited in scope. In addition, this study offers a first look at how financial and non-financial incentives collectively impact patients' access to Medicaid. Finally, it is important to point out that this study provides for a comprehensive look at understanding what organizational characteristics help to determine the probability of physician acceptance of new Medicaid patients.The most significant factors found to be associated with diminished propensity for Medicaid access include: operating as a primary care doctor, physician ownership in the practice, practice size, low relative geographic reimbursement, supportive clinical IT and gender. Knowing what factors are associated with physicians' decisions should provide opportunities for potential public policy solutions.
Book Synopsis Performance Measurement by : Institute of Medicine
Download or read book Performance Measurement written by Institute of Medicine and published by National Academies Press. This book was released on 2006-07-09 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Performance Measurement is the first in a new series of an ongoing effort by the Institute of Medicine (IOM) to improve health care quality. Performance Measurement offers a comprehensive review of available measures and introduces a new framework to examine these measures against the six aims of the health care system: health care should be safe, effective, patient-centered, timely, efficient, and equitable. This new book also addresses the gaps in performance measurement and introduces the need for measures that are longitudinal, comprehensive, population-based, and patient-centered. This book is directed toward all concerned with improving the quality and performance of the nation's health care system in its multiple dimensions and in both the public and private sectors.
Book Synopsis Physician Compensation by : Paul Campbell
Download or read book Physician Compensation written by Paul Campbell and published by . This book was released on 1992 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Role of Non-Financial Performance Measures in Compensation Contracts in the Curtailment of Earnings Management by : Salma Ibrahim
Download or read book The Role of Non-Financial Performance Measures in Compensation Contracts in the Curtailment of Earnings Management written by Salma Ibrahim and published by . This book was released on 2013 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most executive compensation contracts (specifically bonuses) are based on accounting-related measures such as earnings per share (EPS), growth in revenue, return on stockholders' equity. However, the recent trend of account manipulation and earnings management documented in the literature may lead to inequitable bonus payments to the managers or executives. Alternative performance measures that may be used to motivate managers are stock prices or market returns and non-financial measures. In this paper, I examine firms in the Samp;P 500 index and examine the type of performance measures they use in their short-term compensation. I expect that firms that use non-financial performance measures will have a lower prevalence of earnings management, since these measures are harder to manipulate. The findings are opposite to expectations. The firms that use both financial and non-financial performance measures actually have higher discretionary accruals, specifically accounts receivable accruals, than the firms that only use financial performance measures. The interpretation of these results is that these firms suffer from low earning s quality which makes the accounting numbers less meaningful.
Book Synopsis On the Use of Nonfinancial Performance Measures in Management Compensation by : Dirk Sliwka
Download or read book On the Use of Nonfinancial Performance Measures in Management Compensation written by Dirk Sliwka and published by . This book was released on 2001 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Pay for Performance in Health Care by : Jerry Cromwell
Download or read book Pay for Performance in Health Care written by Jerry Cromwell and published by RTI Press. This book was released on 2011-02-28 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a balanced assessment of pay for performance (P4P), addressing both its promise and its shortcomings. P4P programs have become widespread in health care in just the past decade and have generated a great deal of enthusiasm in health policy circles and among legislators, despite limited evidence of their effectiveness. On a positive note, this movement has developed and tested many new types of health care payment systems and has stimulated much new thinking about how to improve quality of care and reduce the costs of health care. The current interest in P4P echoes earlier enthusiasms in health policy—such as those for capitation and managed care in the 1990s—that failed to live up to their early promise. The fate of P4P is not yet certain, but we can learn a number of lessons from experiences with P4P to date, and ways to improve the designs of P4P programs are becoming apparent. We anticipate that a “second generation” of P4P programs can now be developed that can have greater impact and be better integrated with other interventions to improve the quality of care and reduce costs.
Book Synopsis Physician Compensation Arrangements by : Dan Zismer
Download or read book Physician Compensation Arrangements written by Dan Zismer and published by Jones & Bartlett Learning. This book was released on 1999 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consultants in the health-care industry offer advice on designing and managing a physician total rewards method in the context of integrated health care. They discuss such aspects as the effects of consolidation on physician compensation, issues across practice settings, equity as a component of tot
Book Synopsis Physician Compensation Plans by : Bruce A. Johnson
Download or read book Physician Compensation Plans written by Bruce A. Johnson and published by Medical Group Management Assn. This book was released on 2006 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: Navigating the maze of methods by which income for physicians is determined and paid in a wide variety of health care organizations, this step-by-step guide covers plan development and information on pay-for-performance programs, implementation methods, and more.
Download or read book Sustainability and Governance written by and published by Emerald Group Publishing. This book was released on 2015-09-07 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines social life increasingly marked out by global inequality, giving a voice to the marginalized. The researchers of this volume lead the way in probing accounting's participation in significant struggles of our times by examining contemporary rhetoric, governance, politics and strategies.
Book Synopsis Impact of Compensation, Performance Measures and Other Organizational Characteristics on Physicians' Acceptance of New Medicare and Medicaid by : Christina Jean Bradbury
Download or read book Impact of Compensation, Performance Measures and Other Organizational Characteristics on Physicians' Acceptance of New Medicare and Medicaid written by Christina Jean Bradbury and published by . This book was released on 2013 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Physician's Compensation by : Lucy R. Carter
Download or read book Physician's Compensation written by Lucy R. Carter and published by Wiley. This book was released on 2000-10-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Physician Compensation Means More Than Money Physician compensation planning and methodology is a complex area that is influenced by many key factors. It takes experience and sharp analytical skills to manage. This invaluable handbook will serve as a guide for the physician compensation process and provide the medical practice industry with various alternatives, as there are no simple solutions to physician compensation modeling. This volume: Provides the foundation to build compensation plans that are easily understood and accepted by physicians Covers compliance with government regulations Includes models addressing Stark, cost allocations, departing physicians, and new recruits Discusses hospital-owned practices Includes production measurements covering relative value units, charges, and collections CPAs and health care management consultants and administrators, physician management companies, hospital CEOs and CFOs, attorneys, and actuaries will find the information in Physiciannull;s Compensation indispensable to designing effective, equitable, and appropriate compensation plans. www.wiley.com/accounting
Book Synopsis Use of Non-Financial Performance Measures in Managers' Compensation Contracts as Earnings Management Constraints by : Mohamed Chakib Kolsi
Download or read book Use of Non-Financial Performance Measures in Managers' Compensation Contracts as Earnings Management Constraints written by Mohamed Chakib Kolsi and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Earnings management literature argues that managers' compensation contracts are based on Financial Performance Measures (FPM). Indeed, the accounting earnings have been the subject of several studies. A few of them have attempted to check whether to introduce the Non-Financial Performance Measures (NFPM) as a constraint on earnings management. The aim of this paper is to empirically test the impact of NFPM on earnings management behavior. Our sample consists of 89 Canadian listed firms pertaining to three sectors for the period, 1997-2006. The results are conclusive and showed that there is a negative relationship between Discretionary Accruals (DA) as a proxy for earning management and the relative importance of NFPM in managers' compensation contracts, suggesting that NFPM acts as an additional earnings management constraint.
Author :United States. Congress. House. Committee on Education and the Workforce. Subcommittee on Employer-Employee Relations Publisher : ISBN 13 : Total Pages :68 pages Book Rating :4.F/5 ( download)
Book Synopsis Examining Pay-for-performance Measures and Other Trends in Employer-sponsored Healthcare by : United States. Congress. House. Committee on Education and the Workforce. Subcommittee on Employer-Employee Relations
Download or read book Examining Pay-for-performance Measures and Other Trends in Employer-sponsored Healthcare written by United States. Congress. House. Committee on Education and the Workforce. Subcommittee on Employer-Employee Relations and published by . This book was released on 2005 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Primary Care Provider's Guide to Compensation and Quality by : Carolyn Buppert
Download or read book The Primary Care Provider's Guide to Compensation and Quality written by Carolyn Buppert and published by Jones & Bartlett Learning. This book was released on 2005 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book links quality and reimbursement issues, using a systems approach that clinicians may incorporate into their practice. Updated to provide practical advice for primary care providers (PCPs) about major trends that have emerged over the past five years, such as growing patient enrollment in managed care health plans, performance evaluation of PCPs by outside agencies, and the dramatic increase in billing being audited.Includes a free CD-ROM with customizable forms and checklists.
Book Synopsis Improving Healthcare Quality in Europe Characteristics, Effectiveness and Implementation of Different Strategies by : OECD
Download or read book Improving Healthcare Quality in Europe Characteristics, Effectiveness and Implementation of Different Strategies written by OECD and published by OECD Publishing. This book was released on 2019-10-17 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, developed by the Observatory together with OECD, provides an overall conceptual framework for understanding and applying strategies aimed at improving quality of care. Crucially, it summarizes available evidence on different quality strategies and provides recommendations for their implementation. This book is intended to help policy-makers to understand concepts of quality and to support them to evaluate single strategies and combinations of strategies.
