An Inside Look at Compensation
Author: Fred Horton, MHA, Kevin McCune, MD
Published Date: October 2023
This article explores the transformation of healthcare compensation models, exploring the ongoing shift from volume-based to value-based care (VBC). In this article, Fred Horton, and Dr. Kevin McCune underscore the need for a robust infrastructure and active physician involvement in designing effective compensation strategies.
AMGA's 2023 Medical Group Compensation and Productivity Survey reveals that 79% of surveyed organizations now include value-based incentives in their compensation plans, a significant increase from 41% in 2009. However, success in this transition requires organizations to craft compensation models tailored to their unique goals and culture, rather than adopting a one-size-fits-all approach
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