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Providing Physician Compensation expertise to all Healthcare Organizations
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The most relevant data within the various physician compensation surveys is the data from participants which most closely resemble your particular circumstances or that data cut that represents the competitive market for the physician specialty. Answering the question, “Where could this physician or specialty obtain a position if they did not work at your institution?” [...]
How often should a facility revisit its compensation plan/formula, and what should it look for (or what should the process be)? An organization should revisit their compensation plan/formula at least annually. Additionally, a projection of the impact on the compensation plan/formula should be conducted prior to embarking on any project that significantly impacts the organization [...]
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