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Physician-Hospital Alignment and Compensation Models: The Second Generation

Physician-Hospital Alignment and Compensation Models: The Second Generation


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Speaker: Mar Reiboldt
Length 60-minutes

Starting with a review of “First Generation” physician compensation models, this webinar will then detail components of “Second Generation” models.

The current era of healthcare alignment among physicians, hospitals, and outside independent investors has been underway for 10-15 years. Given this, many of the original contracts that formed the basis of these arrangements have (or will soon) expire. Thus, we refer to these updated deals as “second generation” transactions.

As our industry moves toward a more value-based reimbursement environment, newer alignment vehicles, such as accountable care organizations (ACOs), clinically integrated networks (CINs), and patient-centered medical homes (PCMH) are beginning to take shape. Moreover, specific reimbursement models, such as bundles, shared savings, etc. are becoming more prominent. More physician compensation models now include at least partial incentives for performance, as measured by such matters as specialty-specific quality metrics, cost efficiency metrics, meaningful use of electronic health records, and other parameters. MACRA requirements are also causing more awareness of such matters.

Starting with a review of “First Generation” physician compensation models, this webinar will then detail components of “Second Generation” models. Plus, we will review other relevant considerations of such transactions.

Session attendees will:

  • Gain an understanding of how Value-Based Reimbursements of the future call for adjustments to the Volume-Based incentives of the past.
  • Discuss how to engage physicians in alignment initiatives that are favorable to both parties.
  • Define how to approach the imperative today of improved quality of care coupled with decreased costs of care.
  • Identify how to be profitable in a demanding, competitive, and highly-regulated environment.
  • Identify overall appropriate strategies for such Second Generation transactions.
Max Reiboldt, CPA is President/CEO of Coker Group. Mr. Reiboldt oversees Coker Group’s services and the general operations of the Firm. His “first love” is working with clients, providing sound financial, strategic, and tactical solutions to hospitals and health systems, medical practices, and other healthcare entities through keen analysis and problem-solving. Working with organizations of all sizes, Reiboldt engages in consulting projects nationwide.