Market Analysis
There are many sources of physician compensation surveys available to you today. Which one is truly reflective of data that corresponds to your entity? How do you interpret the reports? Your consultant assists you with understanding the nuances of the various surveys as well as matching the right survey data with your situation. The complexities of a market comparison are ferreted down to a pictorial view of how your physicians compare to a market benchmark.
Compensation Plan Development
Should your compensation program emulate private practice? Should it reflect market? How can it be designed to be equally unfair to all members? Should you use relative value units, collections, charges, or another widget to measure productivity?
There is no a perfect plan. In fact compensation plans are like snowflakes, each is unique in it’s own special way. The consultant assists your group in arriving at a plan design that is best for you today.
Fair Market Evaluation
In the light of an ear of a highly regulated environment it is critically important for nonprofit entities to compensate employed physicians at a level reflective of market. PLS Professional Associates is prepared to provide you with an analysis of your compensation program and how it relates to market benchmarks. Fair Market opinion letters are prepared with expertise on a timely basis.
ontent. Have fun!
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