Rethink Big

Author: Fred Horton, MHA
Published Date: October 2022

Many organizations transitioning to value-based care are recognizing a critical challenge: traditional measurement systems often prioritize volume over quality. This pivotal moment presents a unique opportunity to rethink and revamp existing compensation models, replacing outdated structures with innovative approaches and meaningful metrics.

In this article, we explore the Four Fundamentals of Compensation Systems, offering insights into what is achievable, practical, and appropriate for physician compensation frameworks. Additionally, we outline a proven process for successful compensation redesign and examine two contrasting examples of value-based compensation programs in action.