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General Information / Accommodations |
AMGF Events |
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Agenda |
General Sessions |
Breakout Sessions |
Leadership Councils |
Compensation Trends in the Age of Healthcare Reform
These sessions focus on how groups are developing new compensation
strategies in response to recent healthcare reform legislation.
8:30 a.m. – 9:30 a.m.
Compensation Trends: Emerging Models, Shifting Priorities
Bradley S. J. Vaudrey, Director; and Thomas Dobosenski, Managing
Director, McGladrey
Organizations strive for appropriate benchmarking tools and
compensation models to help them stay competitive in challenging
economic times. This session provides you with an update of the AMGA
2010 Medical Group Compensation and Financial Survey as well as
benchmarking and trending information for physician compensation,
productivity, and financial measures. In addition, the presenters will
discuss the medical home and ACO models and their impact on compensation
strategies.
Upon completion of this activity, participants should be able to
identify the most recent compensation and productivity trends; consider
special comparisons not included in most surveys; detect the “hot”
specialties in compensation and predict where these specialties are
heading; and discuss new delivery models and their impact on
compensation strategies.
9:30 a.m. – 10:30 a.m.
Physician Incentives, Unbundling of Payments and the “C” Word: Facing
the Impending Realities of Healthcare Payment Reform
Craig E. Samitt, M.D., M.B.A., President and Chief Executive Officer,
Dean Health System
As healthcare providers seek to redefine themselves as Accountable
Care Organizations, it will be crucial that delivery systems master the
ability to design incentive models that align physicians, to craft
mechanisms to un-bundle payments, and to bear risk via capitation or
other evolving reimbursement strategies. This presentation highlights
Dean Health System’s experience in all three domains.
Upon completion of this lecture, participants should be able to
discuss the array of future payment-reform models that CMS and other
payers will likely develop to reward physicians and hospitals for
delivering value-based and accountable care; describe Dean’s experiences
in designing primary care and specialty physician incentive models aimed
at maximizing the delivery of high-quality and efficient care; and
explain the complexities of bundled payments, by reviewing Dean’s
experience with bearing risk and with the “unbundling” of gain-sharing
between physicians, hospitals, and other care-givers.
11:00 a.m. – 12:00 p.m.
What Is a Primary Care Physician Worth?
Tom Vandergrift, Chief Operations Officer, Community Physicians of Indiana; and Hank
Duffy, President, JHD Group
Primary care physicians may be much more valuable than the current
measurement systems indicate. If that is the case, how could/should an
organization integrate that knowledge into the strategic plan? What
could/should they do to improve recruiting and retention of PCs? The
presenters will highlight the case of a major Midwestern medical system,
their extensive research on the subject, and their attempts to address
the needs of primary care physicians who are generally undervalued in
current models and increase their pool of primary care providers.
Upon completion of this activity, participants should be able to the
downstream value of a primary care physician and how you measure it;
discuss how to address a shortage of primary care practitioners; and
change the reimbursement model to reflect the true value of a primary
care physician.
1:00 p.m. – 2:00 p.m.
The High Flier Program: Incentivizing Specialty Physicians to Greater
Productivity
Paul A. Edwards, M.D., FACS, Chairman, Department of Ophthalmology;
and Thomas S. Nantais, M.B.A., Chief Operating Officer, Henry Ford
Medical Group, Henry Ford Health System
Henry Ford Health System has developed an incentive program for its
highly productive physicians that has resulted in increased physician
satisfaction and increased productivity. The individualized
high-producer physician compensation model was introduced in the
Department of Ophthalmology at Henry Ford Hospital in 2002. This
interactive seminar will discuss how HFHS implemented the program and
its successes and its application in other clinical areas.
Upon completion of this activity, participants should be able to
explain different ways of compensating employed physicians and implement
a high producer incentive model within their institutions.
2:00 p.m. – 3:00 p.m.
Physician Compensation: Defining
Value, Developing Strategies
Robert J. Erra, President; and James
A. Rice, Ph.D., FACHE, Executive Vice President, Integrated Healthcare
Strategies
ACO success depends upon designing and
managing new strategies and systems to reward physicians for care
delivered. In this interactive presentation, participants will discuss
how to design an ACO compensation system based on their organization's
philosophies, governance, and culture. The speakers will provide
thoughts to help guide medical groups along this stage of their ACO
journey, to help better prepare them to implement new compensation
models within their healthcare delivery system.
3:30 p.m. – 4:30 p.m.
Solving the Equation for Physician Compensation Success
D. Chris Douglas, Chief Executive Officer, Overlake Internal Medicine
Associates; and Max Reiboldt, CPA, President/Chief Executive Officer,
The Coker Group
In this session, you will receive timely information on key
compensation strategies and considerations, as well as review the latest
trends in physician pay and model structures influencing compensation
distribution. Participants will gain insight into maintaining
financial stability in calculating an appropriate incentive-based
compensation arrangement that not only supports the needs of the
organization and employed physicians, but also attracts physicians for
the future. This presentation will also address compensation for
specialty practices and Accountable Care Organizations (ACOs).
Upon completion of this activity, participants should be able to
establish an objective methodology for calculating physician
compensation, especially related to various specialties; attract top
physicians to a practice by providing compensation commensurate with
area norms and competitive within the marketplace; establish financial
incentives to promote physician productivity; maintain the financial
viability of the organization with an appropriate compensation plan that
meets the organization’s and physicians’ needs; invoke partnership
attitudes (employment and contracted); consider the effect of ancillary
services (and reduced private practice reimbursement); and address
changing themes in reimbursement structure in compensation plans, such
as ACOs.
4:30 p.m. – 5:30 p.m.
Aligning Physicians and Incentives in a Mixed Group Practice and
Independent Physician Healthcare System
Dave Moen, Medical Director of Care Model
Innovation, Fairview Health Services; Alan S. Kaplan M.D., M.M.M.,
FACHE, FACPE, Vice President/Chief Medical Officer, Iowa Health System,
President/Chief Executive Officer, Iowa Health Physicians; and Martin E.
Hickey, M.D., M.S., FACPE, CPE, Managing Director, Healthcare Practice,
Navigant
Most ACOs in integrated systems will consist of both employed medical
group and independent physicians. This has and will inherently lead to
conflict. This presentation will outline the strategies of three
collaborating systems to diminish that conflict and evolve true
collaborative integration among all physicians to assure a
cost-efficient and outcome-effective ACO.
Upon completion of this activity, participants will be able to
describe the inherent difficulties and conflicts in combining hospital
employed physicians with independents in forming ACOs; enumerate several
strategies and tools to overcome that conflict and actually understand
how such a combination can produce economic synergy and marketplace
success; and specifically identify with one of the three systems
involved as they each describe their uniqueness and particular tactical
and strategic tools.