AMGA’s 6th Annual New York City Medical Group Event

 

AMGA’s 6th Annual New York City Medical Group Conference: The Latest Approaches to Provider Compensation, Fair Market Value, and Benefits Management

Thursday, May 9, 2019
The Cornell Club · 6 East 44th Street at Fifth Avenue · New York City

For the sixth consecutive year, AMGA is convening medical group and health system executives to address challenges in redesigning provider compensation, transitioning from pure productivity models, understanding topical trends and issues, and more.

This meeting will provide you with the insights and takeaways needed to shape and refine your strategy and remain competitive in your market.

We’ve designed this event for medical group and health system leaders who are accountable for provider recruitment, compensation plan design, physician employment contracting, benefits management, and/or FMV administration. The emphasis on FMV compliance is particularly relevant for non-profit healthcare organizations. Due to space limitations, the event is reserved for operational leaders and advisors.

Continuing education credits, including CME and CPE, will be available.

A meeting flier is available for download here.

Registration Details

  • AMGA members: $495
  • Non-members: $695

Group discount: Three (3) or more attendees from the same organization will receive a discount of $50 per registration.

For assistance with registration, please contact Bruce Hadloc, meetings and education assistant, via email or at 703.838.0033 ext. 366.

Agenda

8:30 a.m.

Continental Breakfast

9:00 a.m. - 10:00 a.m.

Effective Compensation and Fair Market Value (FMV) Governance
Wayne Hartley, M.H.A., Vice President, AMGA Consulting

You’ll hear about key elements that should be included in a physician/provider compensation management program, such as compensation philosophy, compensation approaches, and FMV policies. The role of the board and compensation committees in compensation governance will be discussed. We will cover physician executive compensation as well as staff physician pay, including examples of blended clinical and administrative roles.

10:00 a.m. - 10:15 a.m.

Coffee Break

10:15 a.m. - 11:15 a.m.

Key Physician Compensation Enforcement and Fair Market Value (FMV) Issues in 2019
Joe Wolfe, J.D., Shareholder, HallRender – Milwaukee, WI

In this presentation, participants will learn about the key issues impacting physician compensation in 2019, including regulatory requirements (Stark, Anti-Kickback), lessons learned from recent enforcement actions, areas of potential risk (FMV, “runaway” compensation plans, and common pitfalls), and the features of an effective physician contracting/compensation process.

11:15 a.m. - 12:00 p.m.

The Latest Provider Benefits Survey Results:  Directions and Trends
Elizabeth Siemsen, Director, AMGA Consulting

Based on member demand, AMGA recently completed our first provider benefits survey since 2014. This presentation will highlight benefits trends at medical groups and health systems. You’ll hear details on how organizations are adapting benefits practices given a larger part-time workforce, including part-time physicians. Time also will be devoted to how you can supplement the benefits survey data with the benefits cost data in the AMGA Medical Group Compensation and Productivity Survey.

12:00 p.m. - 12:45 p.m.

Networking Lunch

12:45 p.m. - 2:45 p.m.

Nouveau Compensation Plan Design: Risk-Adjusted Panel Size, Salary Models, and Transitions Away from Pure Productivity
Fred Horton, M.H.A., President; Wayne Hartley, M.H.A., Vice President; and Elizabeth Siemsen, Director, AMGA Consulting

In this session, AMGA Consulting experts will present several case studies on compensation plan design. The first case will include a panel size model and will detail approaches to adjusting panel based on risk factors beyond patient age and sex. This adjustment methodology has been created in partnership with AMGA member groups.

Next, you’ll see a model for salary-based compensation which can apply to primary care physicians or specialists. With salary models, AMGA Consulting recommends a formal performance evaluation process to manage any concerns about patient access and provider productivity. The speakers will present thoughts on performance evaluation methodologies and discuss how provider satisfaction surveys can be used as a tool in monitoring performance and potential provider burnout.

Finally, the panel will share examples of other approaches medical groups are using to reduce their reliance on work RVU production in their compensation plans. Advanced practice provider (APP) compensation and approaches to APP supervision stipends will be part of the conversation.

2:45 p.m. - 3:00 p.m.

Q&A and Closing Comments

Speakers

Fred Horton, M.H.A., is the president of AMGA Consulting. He has over 25 years of medical group and health system leadership experience. His expertise includes provider compensation plan development, practice operational efficiency assessment, provider performance management, and value-based care program management.

Wayne Hartley, M.H.A., is a vice president at AMGA Consulting. With over 20 years of medical group and health system leadership experience, Wayne focuses on compensation and FMV consulting, professional revenue cycle, and clinical service line management.

Elizabeth Siemsen is a director at AMGA Consulting. In this role, she leads data analytics and the production of our annual surveys, including the AMGA Medical Group Compensation and Productivity Survey as well as our Operations and Finance Survey. She has 20 years of experience in data analysis and healthcare process improvement.

Joe Wolfe, J.D., represents healthcare organizations nationwide on a broad range of compliance, operational, and strategic matters at HallRender – Milwaukee, WI. His area of expertise is supporting health systems, hospitals, and medical groups on physician compensation issues, such as compensation plan design, quality-based incentive development, compensation program assessments, FMV documentation, and Stark Law compliance.