As medical groups and health systems pursue performance improvement in the wake of COVID-19, provider and executive compensation must be reevaluated to optimize operations and financial performance going forward. The pandemic has skewed benchmarks for compensation and productivity, so executing a compensation program is more difficult than in years past. Not only are groups struggling with how to succeed in value-based contracts as they move away from fee-for-service arrangements, other considerations include new E/M coding policies and determining fair market value (FMV).
How should we modify provider compensation plans following the pandemic? How do we implement pay-for-performance initiatives to promote value-based care? How should we adjust our provider compensation structure in response to recent Medicare changes, including E/M work RVU adjustments? How can we ensure our compensation plan complies with current fair market value (FMV) standards?

Video: Making Sense of the Seismic Shifts Affecting Provider Compensation

Featured Provider Compensation Resources

2021 AMGA Medical Group Provider Compensation and Productivity Survey

SURVEY - LOG-IN FOR MEMBER DISCOUNT
Now in its 34th year with the nation's largest dataset, this survey focuses on the individual compensation and production of experienced physicians and other clinical staff, starting salaries of new residents and experienced new hires, as well as salaries for department chairs, nurse practitioners, and physician assistants.

Adapting New Methods to Govern and Administer Provider Compensation Plans

PRESENTATION - FREE TO MEMBERS
In this presentation, learn the latest strategies for compensation oversight, including new ways to monitor performance such as panel size and capitation, and how to integrate metrics related to cash collections.

Related Resource: 2021 Medical Group Operations and Finance Survey

See Resource Details

How should we modify provider compensation plans following the pandemic?

Positioning Provider Compensation Models Beyond 2021 to Achieve Resiliency

PRESENTATION - FREE TO MEMBERS
This presentation examines adapting compensation models to varying productivity levels and adjusting compensation plan mechanics in light of COVID-19.

Adapting New Methods to Govern and Administer Provider Compensation Plans

PRESENTATION - FREE TO MEMBERS
In this presentation, learn the latest strategies for compensation oversight, including new ways to monitor performance such as panel size and capitation, and how to integrate metrics related to cash collections.

2021 AMGA Medical Group Provider Compensation and Productivity Survey

SURVEY - LOG-IN FOR MEMBER DISCOUNT
Now in its 34th year with the nation's largest dataset, this survey focuses on the individual compensation and production of experienced physicians and other clinical staff, starting salaries of new residents and experienced new hires, as well as salaries for department chairs, nurse practitioners, and physician assistants.

How do we implement pay-for-performance initiatives to promote value-based care?

Path to Financial Recovery: Population Health and Value-Based Care

PRESENTATION - FREE TO MEMBERS
Dr. David Nash and Geisinger’s John Bulger explore the transformation toward outcomes-driven, value-based care, including population health and new organizational structures and payment models.

New Era Physician Compensation Models

PRESENTATION - FREE TO MEMBERS
Dignity Health and Advocate Medical Group share recent changes to their compensation models in an environment moving toward value-based payment.

Comprehensive Compensation Redesign in a Value-Based World

White Paper – Free to Members
This white paper explores how to successfully align fee-for-service and value-based compensation plans with your payor mix and environment.

How should we adjust our provider compensation structure in response to recent Medicare changes, including E/M work RVU adjustments?

2021 Physician Fee Schedule Final Rule: E/M Work RVU Weight Changes

PRESENTATION - FREE TO MEMBERS
This presentation examines the overall impact of the 2021 PFS rule on physician/provider compensation, how E/M changes will alter work RVU production for some specialties as well as reimbursement, and a framework for medical groups to conduct a financial impact analysis.

Making Sense of the Seismic Shifts in Provider Compensation

WHITE PAPER - FREE TO MEMBERS
This white paper gives guidance on how to effectively determine compensation in light of new 2021 E/M code changes.

Beyond the Bottom Line

ARTICLE - FREE TO MEMBERS
This GPJ feature details five strategies for revenue and expense improvement.

How can we ensure our compensation plan complies with current fair market value (FMV) standards?

Compensation and Fair Market Value Considerations

PRESENTATION - FREE TO MEMBERS
Hall Render’s Joseph Wolfe addresses the latest issues involving fair market value and changes to legislation that will affect compensation models.

FMV in Special Cases and Proposed Stark Anti-Kickback Changes

PRESENTATION - FREE TO MEMBERS
This webinar presentation focuses on application of fair market value (FMV) analysis to professional services/co-management agreements (PSAs), physician executive and leadership roles, and panel-based compensation models in primary care. Speakers also discuss how to set up compensation offers and make like comparisons to market survey data for FMV compliance and commercial reasonableness.

Solutions Library: Where the Best Find Answers

Learn how leading medical groups are adjusting their provider and executive compensation models in the wake of the pandemic and other changes at amga.org/solutions.

Learn More