title: Value-based physician compensation: a link to performance improvement.
abstract: To prepare for the healthcare industry's transition to value-based care, Mayo Clinic Health System implemented a new, value-focused physician compensation plan as part of a larger initiative aimed at systemwide clinical integration. The plan uses three value-based metrics, focusing on outcomes, safety, and patient experience, that initially would determine 5 percent of a physician's compensation. Notable improvements achieved in the first year of the plan's implementation were strong indicators of the potential effectiveness of such a plan.
authors.forename: Brian
authors.initials: B
authors.lastname: Bunkers
authors.forename: Mark
authors.initials: M
authors.lastname: Koch
authors.forename: Jeanie
authors.initials: J
authors.lastname: Lubinsky
authors.forename: Jeffrey A
authors.initials: JA
authors.lastname: Weisz
authors.forename: Brian
authors.initials: B
authors.lastname: Whited
mesh_terms: D006769:Hospitals, General; D008910:Minnesota; D019982:Organizational Case Studies; D010820:Physicians / Q000191:economics*; D011785:Quality Assurance, Health Care; D012456:Salaries and Fringe Benefits; D062505:Value-Based Purchasing