Successful physician affiliations through fair compensation.
Appropriate physician compensation is essential if affiliations between physicians and healthcare organizations are to be successful. A physician's compensation should be based on market-specific data about compensation for his or her specialty, as well as on data about each physician's productivity. Healthcare organizations also must have a process for adjusting compensation based on performance and market changes and a process for ensuring equity between newly hired physicians and currently employed physicians. A systematic, data-driven approach to establishing physician compensation can help build a foundation for successful physician recruiting and relations.
HayGroup, Chicago, IL.
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Loudermilk
D003284:Contract Services / Q000191:economics*; D004470:Economics, Medical; D004526:Efficiency; D004651:Employment / Q000191:economics*; D005376:Financial Management / Q000379:methods*; D007325:Institutional Practice / Q000191:economics; D017008:Negotiating; D009935:Organizational Affiliation / Q000191:economics; D010820:Physicians / Q000191:economics*; D010821:Physicians, Family / Q000191:economics; D012456:Salaries and Fringe Benefits; D013038:Specialization; D014481:United States; D016526:Workload