{"id":5539,"date":"2018-07-03T11:44:13","date_gmt":"2018-07-03T16:44:13","guid":{"rendered":"http:\/\/kbicblog.com\/blog\/academic-medicine\/?p=5539"},"modified":"2020-04-22T17:34:51","modified_gmt":"2020-04-22T22:34:51","slug":"alter-physician-compensation-plans","status":"publish","type":"post","link":"https:\/\/kbicblog.com\/academic-medicine\/alter-physician-compensation-plans\/","title":{"rendered":"How to Alter Your Physician Compensation Plans to Meet Practice Goals"},"content":{"rendered":"<p>FOR IMMEDIATE RELEASE:<\/p>\n<h4><strong>Eric Dickerson, Kaye\/Bassman Managing Director Featured in Part B News, How to Alter Your Physician Compensation Plans to Meet Your Practice Goals<\/strong><\/h4>\n<p>By: Roy Edroso<\/p>\n<p>Plano, TX | 6\/30\/2018<\/p>\n<p><a href=\"http:\/\/kbicblog.com\/academic-medicine\/wp-content\/blogs.dir\/11\/wp-content\/blogs.dir\/11\/files\/2018\/06\/2016-Physician-Leadership-Compensation-Survey-Results.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft  wp-image-5541\" src=\"http:\/\/kbicblog.com\/academic-medicine\/wp-content\/blogs.dir\/11\/wp-content\/blogs.dir\/11\/files\/2018\/06\/2016-Physician-Leadership-Compensation-Survey-Results-300x201.png\" alt=\"How to Alter Your Physician Compensation Plans to Meet Practice Goals\" width=\"257\" height=\"175\" \/><\/a>As <a href=\"http:\/\/kbicblog.com\/academic-medicine\/blog\/industry-news\/2016-physician-leadership-compensation\/\">physician compensation<\/a> gets more varied \u2014 with metrics besides salary and productivity determining how much doctors get paid \u2014 you have more flexibility to shape your practice by rewarding behaviors you want to encourage. As a recent American Medical Association (AMA) study found, physician contracts \u2014 which have traditionally compensated employed physicians with a salary, payment based on personal productivity or both \u2014 now increasingly include other standards for payment, including key performance indicators (KPIs) such as quality and patient satisfaction and even \u201ccitizenship\u201d (PBN 5\/17\/18).<\/p>\n<p>Part B News talked to compensation experts about what combinations they\u2019re seeing and how you can alter them to effect change in your practice.<\/p>\n<p>\u201cThe smart hospitals and practices balance clinical productivity with quality outcomes and patient satisfaction,\u201d says <a href=\"http:\/\/kbicblog.com\/managing-partners\/eric-dickerson\/\">Eric Dickerson<\/a>, managing director, <a href=\"http:\/\/kbicblog.com\/academic-medicine\">academic medicine &amp; healthcare practice<\/a> at recruiting firm <a href=\"http:\/\/kbicblog.com\">Kaye\/Bassman International Corporation<\/a> in Plano, Texas. \u201cInstitutions that are totally focused on just RVU and not the other factors of quality outcomes and patient satisfaction will eventually get hit hard because increasingly [their own] reimbursement is directly tried to these additional outcomes.\u201d<\/p>\n<p><strong>Read more:<\/strong>&nbsp;<a href=\"http:\/\/kbicblog.com\/academic-medicine\/wp-content\/blogs.dir\/11\/wp-content\/blogs.dir\/11\/files\/2018\/06\/Part-B-News-_-How-to-alter-your-physician-compensation-plans-to-me.._.pdf\">http:\/\/kbicblog.com\/academic-medicine\/wp-content\/blogs.dir\/11\/wp-content\/blogs.dir\/11\/files\/2018\/06\/Part-B-News-_-How-to-alter-your-physician-compensation-plans-to-me.._.pdf<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FOR IMMEDIATE RELEASE: Eric Dickerson, Kaye\/Bassman Managing Director Featured in Part B News, How to Alter Your Physician Compensation Plans to Meet Your Practice Goals By: Roy Edroso Plano, TX | 6\/30\/2018 As physician compensation gets more varied \u2014 with metrics besides salary and productivity determining how much doctors get &#8230;<\/p>\n","protected":false},"author":26,"featured_media":5541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1750,446,576,929,579],"tags":[84,515,516,99,1398,1397,1396,526,1393,734],"class_list":["post-5539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-healthcare-administration","category-in-the-press","category-industry-news","category-kbic-publications","category-management","tag-academic-medicine","tag-academic-medicine-recruiting","tag-academic-medicine-team","tag-eric-dickerson","tag-eric-dickerson-kaye-bassman-managing-director-featured-in-part-b-news","tag-how-to-alter-your-physician-compensation-plans-to-meet-your-practice-goals","tag-kaye-bassman-academic-medicine","tag-kayebassman-international-corp","tag-part-b-news","tag-physician-compensation","column","threecol","has-thumbnail"],"yoast_head":"<!-- This site is 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