OPEN MINDS Team Discusses Strategy For Physician Compensation & Productivity Management

OPEN MINDS Advisor Leads Discussion On Developing A Strategy For Physician Compensation At Annual Performance Management Institute

OPEN MINDS released a new presentation that was originally delivered by Joseph P. Naughton-Travers, Ed.M., Senior Associate, OPEN MINDS at the 2016 OPEN MINDS Performance Management Institute in Clearwater Beach, Florida, on February 11, 2016. In addition to Joseph P. Naughton-Travers, Carrie Nelson, M.D., Senior Medical Director, Advocate Physician Partners helped to present the session.

Productivity-based compensation for clinical staff continues to dominate the market, but as we move toward a value-based reimbursement model for provider organizations, physician compensation models are expected to mirror the pay-for-value trend. But what compensation models will provide the appropriate incentives for physicians in a pay-for-value market? In the presentation, Models For Physician Compensation & Productivity Management: How Provider Organizations Are Negotiating Clinical Staff Contracts, Joseph P. Naughton-Travers and Carrie Nelson discussed the tools your organization needs for adequate reporting capabilities, how to develop a compensation strategy that works for your organization, and how to align physician performance with value-based care goals.

The new presentation is available to Premium and Elite members of the OPEN MINDS Circle, an online subscription service, via the following link: https://www.openminds.com/market-intelligence/resources/models-for-physician-compensation-productivity-management-how-provider-organizations-are-negotiating-clinical-staff-contracts.htm/. To learn more about becoming a Premium or Elite member of the OPEN MINDS Circle, visit https://www.openminds.com/membership.

OPEN MINDS is a national strategic advisory firm specializing in the sectors of the health and human service industry serving individuals with complex support needs: mental health; addiction treatment; children & family services; intellectual & developmental disabilities; chronic disease management; long term care; social services; correctional health care, reentry & diversion; and juvenile justice.

Founded in 1987 and based in Gettysburg, Pennsylvania, the 75+ associates believe by providing the latest market intelligence and management best practices to organizations serving the health and social support needs of the most vulnerable consumers, those organizations will be better able to provide efficient and effective services. Learn more at www.openminds.com.