Strategies For Value Based Physician Compensation

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Strategies for Value-based Physician Compensation

Author : Jeffrey B. Milburn
Publisher : Medical Group Management Association/Center for Research in Ambulatory Health Care Administration
ISBN 13 : 9781568294346
Total Pages : 249 pages
Book Rating : 4.2/5 (943 download)

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Book Synopsis Strategies for Value-based Physician Compensation by : Jeffrey B. Milburn

Download or read book Strategies for Value-based Physician Compensation written by Jeffrey B. Milburn and published by Medical Group Management Association/Center for Research in Ambulatory Health Care Administration. This book was released on 2013 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designing an effective physician compensation plan is critical to recruiting and retaining physicians. It is also vitally important to aligning physician incentives with organizational goals. Factor in a complex legal environment and ever-changing payment programs, and the task of developing a fair and defensible compensation plan becomes quite daunting. The best compensation plans use a diligent, evidence-based approach that brings in the right information and stakeholders at the right time in the process. Learn a proven methodology that will help you make evidence- based physician compensation decisions. The book presents a step-by-step process for developing compensation plans - from defining and analyzing the current situation to evaluating the plan's efficacy - while revealing best practices and trends for designing a fair and equitable plan for your practice. New incentive plans based on quality versus quantity add a new dimension to physician compensation. You will find guidance on incorporating the new payment initiatives into your plan as well as dealing with the unique issues related to hospital-employed and academic physicians. In the final chapter you will read case studies on compensation plan development and implementation in a variety of settings to help you learn from your peers.

Physician Compensation Plans

Author : Bruce A. Johnson
Publisher : Medical Group Management Assn
ISBN 13 : 9781568292755
Total Pages : 608 pages
Book Rating : 4.2/5 (927 download)

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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.

Value-Based Healthcare and Payment Models

Author : Grace E. Terrell
Publisher :
ISBN 13 : 9780984831012
Total Pages : 290 pages
Book Rating : 4.8/5 (31 download)

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Book Synopsis Value-Based Healthcare and Payment Models by : Grace E. Terrell

Download or read book Value-Based Healthcare and Payment Models written by Grace E. Terrell and published by . This book was released on 2019-11-15 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW GUIDE DECODES VALUE-BASED CARE AND PAYMENT MODELS As value-based care is coming of age, deciding how to start can be an overwhelming task. Risks are high and success with the new models is challenging and time consuming. This book fills an important need by providing concrete and proven strategies to aid in an organization's successful transformation. The book is filled with practical, no-nonsense advice on the shift to value-based care in both the private and public healthcare sectors. This is the time when healthcare stakeholders need to rethink their own added-value strategies in a manner that best serves patients and providers alike. In the complicated world of payment and delivery system reform, this book deconstructs the most challenging concepts for the novice yet provides sophisticated insights for even the most seasoned executive. BONUS! The authors also lay out high-value strategies for 20 different subspecialties with specialty-specific changes in the way medicine is practiced and paid for.

Physician Compensation Strategies

Author : J. Max Reiboldt
Publisher : Amer Medical Assn
ISBN 13 : 9781579475659
Total Pages : 198 pages
Book Rating : 4.4/5 (756 download)

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Book Synopsis Physician Compensation Strategies by : J. Max Reiboldt

Download or read book Physician Compensation Strategies written by J. Max Reiboldt and published by Amer Medical Assn. This book was released on 2004-01-01 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides numerous practical solutions and information for helping practice environments of all kinds reach agreement on appropriate forms of compensation. Includes discussions on base pay, incentive pay, and benefits. Also reviews potential equity arrangements. Previous edition: c1999. Softcover. DNLM: Physicians--economics,

BVR/AHLA Guide to Valuing Physician Compensation and Healthcare Service Arrangements

Author : Timothy Smith
Publisher : BVResources
ISBN 13 : 9781621501404
Total Pages : pages
Book Rating : 4.5/5 (14 download)

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Book Synopsis BVR/AHLA Guide to Valuing Physician Compensation and Healthcare Service Arrangements by : Timothy Smith

Download or read book BVR/AHLA Guide to Valuing Physician Compensation and Healthcare Service Arrangements written by Timothy Smith and published by BVResources. This book was released on 2017-11-11 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This new guide challenges and deconstructs the industry's current standard for the fair market value (FMV) of physician clinical compensation based on the exclusive use of survey data and certain percentile-based valuation methods. Itdebunks the current "survey says" paradigm and provides the foundation for a completely new standard for the FMV of physician clinical compensation.

Rewarding Provider Performance

Author : Institute of Medicine
Publisher : National Academies Press
ISBN 13 : 0309102162
Total Pages : 273 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Rewarding Provider Performance by : Institute of Medicine

Download or read book Rewarding Provider Performance written by Institute of Medicine and published by National Academies Press. This book was released on 2007-02-17 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third installment in the Pathways to Quality Health Care series, Rewarding Provider Performance: Aligning Incentives in Medicare, continues to address the timely topic of the quality of health care in America. Each volume in the series effectively evaluates specific policy approaches within the context of improving the current operational framework of the health care system. The theme of this particular book is the staged introduction of pay for performance into Medicare. Pay for performance is a strategy that financially rewards health care providers for delivering high-quality care. Building on the findings and recommendations described in the two companion editions, Performance Measurement and Medicare's Quality Improvement Organization Program, this book offers options for implementing payment incentives to provide better value for America's health care investments. This book features conclusions and recommendations that will be useful to all stakeholders concerned with improving the quality and performance of the nation's health care system in both the public and private sectors.

Redefining Health Care

Author : Michael E. Porter
Publisher : Harvard Business Press
ISBN 13 : 1422133362
Total Pages : 540 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Redefining Health Care by : Michael E. Porter

Download or read book Redefining Health Care written by Michael E. Porter and published by Harvard Business Press. This book was released on 2006-04-24 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. health care system is in crisis. At stake are the quality of care for millions of Americans and the financial well-being of individuals and employers squeezed by skyrocketing premiums—not to mention the stability of state and federal government budgets. In Redefining Health Care, internationally renowned strategy expert Michael Porter and innovation expert Elizabeth Teisberg reveal the underlying—and largely overlooked—causes of the problem, and provide a powerful prescription for change. The authors argue that competition currently takes place at the wrong level—among health plans, networks, and hospitals—rather than where it matters most, in the diagnosis, treatment, and prevention of specific health conditions. Participants in the system accumulate bargaining power and shift costs in a zero-sum competition, rather than creating value for patients. Based on an exhaustive study of the U.S. health care system, Redefining Health Care lays out a breakthrough framework for redefining the way competition in health care delivery takes place—and unleashing stunning improvements in quality and efficiency. With specific recommendations for hospitals, doctors, health plans, employers, and policy makers, this book shows how to move health care toward positive-sum competition that delivers lasting benefits for all.

Physician Compensation Arrangements

Author : Dan Zismer
Publisher : Jones & Bartlett Learning
ISBN 13 : 9780834209930
Total Pages : 248 pages
Book Rating : 4.2/5 (99 download)

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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

Healing Physician Burnout

Author : Quint Studer
Publisher :
ISBN 13 : 9781622180202
Total Pages : 0 pages
Book Rating : 4.1/5 (82 download)

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Book Synopsis Healing Physician Burnout by : Quint Studer

Download or read book Healing Physician Burnout written by Quint Studer and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: To Get Health System Leaders and Physicians Working Together, We Must Tackle Physician BurnoutThis is a book about physician burnout. It's also a book about physician engagement. Why? Because these two concepts are deeply connected. When physicians team up with the organizations they work for to pursue mutual goals, they are far less likely to burn out. And when organizations seek to prevent and treat physician burnout, they go a long way toward getting everyone--physicians included--working together to meet the same goals.There has never been a better time for organizations and physicians to join forces to make sure this happens. High rates of physician burnout and a rapid push toward integration demand it. And while it will surely be challenging, together we can create the right environment to facilitate massive change while keeping physicians physically, mentally, and emotionally strong. Healing Physician Burnout--written by healthcare performance expert Quint Studer in collaboration with George Ford, MD--explains how. You'll find:Evidence on why burnout is so high in physicians and why organizations should careTactics health system leaders can use to partner with physicians to help them avoid burnout--and to ensure that everyone is working toward the same goalsBurnout "red flags" leaders and physicians should watch for so that help may be provided early onPersonal profiles that tell of physicians' triumphs over burnout and showcase the passion and purpose that keep them perseveringActions physicians can take to heal their own burnout and help others to do so as wellPhysicians need understanding and empathy for the massive changes they must endure. While no one can stop the shift our industry is undergoing, we can create the kind of positive, supportive work environments that help physicians cope and, ultimately, thrive.

Physician Compensation

Author : Kenneth M. Hekman
Publisher : Medical Group Management Assn
ISBN 13 : 9781568291796
Total Pages : 164 pages
Book Rating : 4.2/5 (917 download)

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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:

Improving Healthcare Quality in Europe Characteristics, Effectiveness and Implementation of Different Strategies

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264805907
Total Pages : pages
Book Rating : 4.2/5 (648 download)

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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 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.

Understanding Value Based Healthcare

Author : Vineet Arora
Publisher : McGraw Hill Professional
ISBN 13 : 007181700X
Total Pages : 320 pages
Book Rating : 4.0/5 (718 download)

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Book Synopsis Understanding Value Based Healthcare by : Vineet Arora

Download or read book Understanding Value Based Healthcare written by Vineet Arora and published by McGraw Hill Professional. This book was released on 2015-04-03 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provide outstanding healthcare while keeping within budget with this comprehensive, engagingly written guide Understanding Value-Based Healthcare is a succinct, interestingly written primer on the core issues involved in maximizing the efficacy and outcomes of medical care when cost is a factor in the decision-making process. Written by internationally recognized experts on cost- and value-based healthcare, this timely book delivers practical and clinically focused guidance on one of the most debated topics in medicine and medicine administration today. Understanding Value-Based Healthcare is divided into three sections: Section 1 Introduction to Value in Healthcare lays the groundwork for understanding this complex topic. Coverage includes the current state of healthcare costs and waste in the USA, the challenges of understanding healthcare pricing, ethics of cost-conscious care, and more. Section 2 Causes of Waste covers important issues such as variation in resource utilization, the role of technology diffusion, lost opportunities to deliver value, and barriers to providing high-value care. Section 3 Solutions and Tools discusses teaching cost awareness and evidence-based medicine, the role of patients, high-value medication prescribing, screening and prevention, incentives, and implementing value-based initiatives. The authors include valuable case studies within each chapter to demonstrate how the material relates to real-world situations faced by clinicians on a daily basis. .

Population Health

Author : MD, MBA, George Mayzell
Publisher : CRC Press
ISBN 13 : 1040084508
Total Pages : 217 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Population Health by : MD, MBA, George Mayzell

Download or read book Population Health written by MD, MBA, George Mayzell and published by CRC Press. This book was released on 2015-11-18 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: As healthcare moves from volume to value, payment models and delivery systems will need to change their focus from the individual patient to a population orientation. This will move our economic model from that of a "sick system" to a system of care focused on prevention, boosting patient engagement, and reducing medical expenditures. This new focu

Rvus at Work

Author : Max Reiboldt
Publisher :
ISBN 13 : 9781732182301
Total Pages : 104 pages
Book Rating : 4.1/5 (823 download)

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Book Synopsis Rvus at Work by : Max Reiboldt

Download or read book Rvus at Work written by Max Reiboldt and published by . This book was released on 2018-05-18 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the latest information on RVUs (Relative Value Units) and applies working knowledge to executives who are tasked with measuring various areas of productivity in the medical practice within the current healthcare landscape.

The Future of Nursing 2020-2030

Author : National Academies of Sciences Engineering and Medicine
Publisher :
ISBN 13 : 9780309685061
Total Pages : pages
Book Rating : 4.6/5 (85 download)

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Book Synopsis The Future of Nursing 2020-2030 by : National Academies of Sciences Engineering and Medicine

Download or read book The Future of Nursing 2020-2030 written by National Academies of Sciences Engineering and Medicine and published by . This book was released on 2021-09-30 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The decade ahead will test the nation's nearly 4 million nurses in new and complex ways. Nurses live and work at the intersection of health, education, and communities. Nurses work in a wide array of settings and practice at a range of professional levels. They are often the first and most frequent line of contact with people of all backgrounds and experiences seeking care and they represent the largest of the health care professions. A nation cannot fully thrive until everyone - no matter who they are, where they live, or how much money they make - can live their healthiest possible life, and helping people live their healthiest life is and has always been the essential role of nurses. Nurses have a critical role to play in achieving the goal of health equity, but they need robust education, supportive work environments, and autonomy. Accordingly, at the request of the Robert Wood Johnson Foundation, on behalf of the National Academy of Medicine, an ad hoc committee under the auspices of the National Academies of Sciences, Engineering, and Medicine conducted a study aimed at envisioning and charting a path forward for the nursing profession to help reduce inequities in people's ability to achieve their full health potential. The ultimate goal is the achievement of health equity in the United States built on strengthened nursing capacity and expertise. By leveraging these attributes, nursing will help to create and contribute comprehensively to equitable public health and health care systems that are designed to work for everyone. The Future of Nursing 2020-2030: Charting a Path to Achieve Health Equity explores how nurses can work to reduce health disparities and promote equity, while keeping costs at bay, utilizing technology, and maintaining patient and family-focused care into 2030. This work builds on the foundation set out by The Future of Nursing: Leading Change, Advancing Health (2011) report.

Crossing the Quality Chasm

Author : Institute of Medicine
Publisher : National Academies Press
ISBN 13 : 0309072808
Total Pages : 360 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Crossing the Quality Chasm by : Institute of Medicine

Download or read book Crossing the Quality Chasm written by Institute of Medicine and published by National Academies Press. This book was released on 2001-08-19 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Second in a series of publications from the Institute of Medicine's Quality of Health Care in America project Today's health care providers have more research findings and more technology available to them than ever before. Yet recent reports have raised serious doubts about the quality of health care in America. Crossing the Quality Chasm makes an urgent call for fundamental change to close the quality gap. This book recommends a sweeping redesign of the American health care system and provides overarching principles for specific direction for policymakers, health care leaders, clinicians, regulators, purchasers, and others. In this comprehensive volume the committee offers: A set of performance expectations for the 21st century health care system. A set of 10 new rules to guide patient-clinician relationships. A suggested organizing framework to better align the incentives inherent in payment and accountability with improvements in quality. Key steps to promote evidence-based practice and strengthen clinical information systems. Analyzing health care organizations as complex systems, Crossing the Quality Chasm also documents the causes of the quality gap, identifies current practices that impede quality care, and explores how systems approaches can be used to implement change.

Best Care at Lower Cost

Author : Institute of Medicine
Publisher : National Academies Press
ISBN 13 : 0309282810
Total Pages : 437 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis Best Care at Lower Cost by : Institute of Medicine

Download or read book Best Care at Lower Cost written by Institute of Medicine and published by National Academies Press. This book was released on 2013-05-10 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's health care system has become too complex and costly to continue business as usual. Best Care at Lower Cost explains that inefficiencies, an overwhelming amount of data, and other economic and quality barriers hinder progress in improving health and threaten the nation's economic stability and global competitiveness. According to this report, the knowledge and tools exist to put the health system on the right course to achieve continuous improvement and better quality care at a lower cost. The costs of the system's current inefficiency underscore the urgent need for a systemwide transformation. About 30 percent of health spending in 2009-roughly $750 billion-was wasted on unnecessary services, excessive administrative costs, fraud, and other problems. Moreover, inefficiencies cause needless suffering. By one estimate, roughly 75,000 deaths might have been averted in 2005 if every state had delivered care at the quality level of the best performing state. This report states that the way health care providers currently train, practice, and learn new information cannot keep pace with the flood of research discoveries and technological advances. About 75 million Americans have more than one chronic condition, requiring coordination among multiple specialists and therapies, which can increase the potential for miscommunication, misdiagnosis, potentially conflicting interventions, and dangerous drug interactions. Best Care at Lower Cost emphasizes that a better use of data is a critical element of a continuously improving health system, such as mobile technologies and electronic health records that offer significant potential to capture and share health data better. In order for this to occur, the National Coordinator for Health Information Technology, IT developers, and standard-setting organizations should ensure that these systems are robust and interoperable. Clinicians and care organizations should fully adopt these technologies, and patients should be encouraged to use tools, such as personal health information portals, to actively engage in their care. This book is a call to action that will guide health care providers; administrators; caregivers; policy makers; health professionals; federal, state, and local government agencies; private and public health organizations; and educational institutions.