Incentive-based physician compensation models.
Measuring productivity is important for determining appropriate physician compensation, as indicated by the current emphasis on benchmarking. A combination of benchmarking and individual profiling data may prove useful for developing productivity-based compensation plans. However, while tying physician compensation to multiple indicators is prudent, it is also cumbersome, since indicator values may not be comparable. A compensation model that scales indicators to a common measure, such as a relative value scale, may allow the visual representation of resource utilization, and peer comparisons can assist in adjusting to the accountability demanded by managed care.
Glass
K P
KP
Center for Research in Ambulatory Health Care Administration, Englewood, Colorado, USA.
Pieper
L E
LE
Berlin
M F
MF
D002017:Budgets; D002204:Capitation Fee; D017598:Efficiency, Organizational / Q000191:economics*; D006801:Humans; D017059:Models, Econometric; D017060:Patient Satisfaction; D010816:Physician Incentive Plans / Q000191:economics*; D011216:Practice Management, Medical / Q000191:economics; D019984:Quality Indicators, Health Care; D015895:Relative Value Scales; D012456:Salaries and Fringe Benefits; D014481:United States