Correctly formulated, a group compensation plan is not just about encouraging efficiency, it’s about encouraging effective performance in a broad sense.
Compensation
Wringing Profit From Physician Group Compliance: Operational Compliance
As you may know, the Patient Protection and Affordable Care Act, Obamacare, imposes a requirement – a mandatory requirement — that physician groups adopt compliance programs. These programs are not simply plans that you document, toss into a notebook and keep on a shelf – they must be living breathing programs revisited on an ongoing…
Is Your Medical Practice a Social Service or a Business? – Podcast
Consistent with the communal notions of the “We” society, physicians are being told by politicians, pundits and the press that you are in social services – do you really believe this?
Is Your Medical Practice a Social Service or a Business?
These are two entirely different goals and if a definitive answer doesn’t immediately pop out of your mouth you’re in trouble. A dog may have four legs, but it can only walk in one direction at a time.