title: Implementing value-based physician compensation: advice from early adopters.
abstract: Provider organizations that have experience in implementing value-based physician compensation can recommend the following best practices, among others: Clearly link changes in physician compensation to the broader strategic and financial objectives of the organization. Focus financial incentives on evidence-based measures that physicians find credible and achievable. Make sure everyone understands the incentive measures and compensation formulas before implementing changes. Provide complete data transparency for all aspects of performance.
authors.forename: Michael H
authors.initials: MH
authors.lastname: Bailit
authors.forename: Megan E
authors.initials: ME
authors.lastname: Burns
authors.forename: Mary Beth
authors.initials: MB
authors.lastname: Dyer
mesh_terms: D006268:Health Facilities / Q000191:economics; D010820:Physicians / Q000191:economics*; D016730:Program Development / Q000379:methods*; D019984:Quality Indicators, Health Care; D012052:Reimbursement, Incentive; D012456:Salaries and Fringe Benefits