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Physician Compensation Success: The Latest Trends

Physician Compensation Success: The Latest Trends

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Max Reiboldt, CPA, President/CEO

The success of a physician's organization is dependent on the design of an appropriate physician pay structure and incentive model. Today, numerous variables must factor into the equation of designing a suitable compensation plan that supports the organization and its employed physicians' needs, but also attracts physicians for the future.

Designing a new plan or revamping an existing plan can be a daunting task for any healthcare organization. As reimbursements continue to tighten, employment models are equally affected. More than ever, physicians must be careful when considering proposed compensation arrangements. In this session, you will receive timely information on the latest trends in physician compensation and model structures, as well as issues influencing compensation distribution, how this information translates to your hospital system or group practice, and what measures should be established to ensure future financial stability.

Order now to hear the latest on:
  • How to address the changing themes in reimbursement structure in compensation plans, such as Accountable Care Organizations
  • Learn to establish an objective methodology for calculating physician compensation, especially related to various specialties
  • Tips to attract top physicians to a practice by providing compensation commensurate with area norms and competitive within the marketplace
  • Guidance on establishing financial incentives to promote physician productivity
  • How to maintain the financial viability of the organization with an appropriate compensation plan that meets the organization's and physicians' needs
  • Guidelines to Invoke partnership attitudes (employment and contracted)
  • Meet Our Expert Speaker

    Max Reiboldt, CPA, President/CEO
    Max Reiboldt provides sound financial and strategic solutions to hospitals, medical practices, health systems, and other healthcare entities through keen analysis and problem solving. Working with organizations of all sizes, Reiboldt engages in consulting projects with organizations nationwide. His expertise encompasses employee and physician employment and compensation, physician/hospital affiliation initiatives, business and strategic planning, mergers and acquisitions, practice operational assessments, ancillary services development, PHO/IPA/MSO development, practice appraisals, and negotiations for acquisitions and sales. He also performs financial analyses for health care entities as well as buy/sell agreements and planning arrangements for medical practices. Max Reiboldt is President and Chief Executive Officer of Coker Group and has led the Firm's growth since 1996 to its position today as one of the leading healthcare consulting firms in the U.S. and abroad. He is a prolific author and accomplished public speaker on healthcare management topics. A graduate of Harding University, Reiboldt is a licensed certified public accountant in Georgia and Louisiana, and a member of the American Institute of Certified Public Accountants, Healthcare Financial Management Association, and American Society of Appraisers.

    Moderator: Nancy Collins, Publisher of The Journal of Medical Practice Management®